Bitcoin Forum

 Hi,

  I have some bitcoin that I am looking to lend to friends, and they offered to pay a bit more in return.

  I am not a loan shark and I do not want to get more that what is usual, and I am not a stupid either to do it for free, so some small interest as return sounds ok.

  The question is, what is to be considered a fair interest per month? for bitcoin?

  I belive the bitcoin value will increase in time, but it might also decrease. So I will lend btc and get back btc. If it increases or it decreses is my risk, I just get back the amount in btc plus some small interest.

  What interest do you think is fair?

Here's a list of lenders on the forum including the interest they charge - https://bitcointalk.org/index.php?topic=5135395.0
It would give you an idea of what users regularly charge here and how to structure yours. The list has not been updated recently, but it still contains relevant information.

You should not lend out bitcoins you intend on using within the required time frame, as this would reduce the risk involved, you just get back a higher amount than you lent.

If you want to lend btc one option is to use bitfinex. The interest is payed daily. You can get a lot of info about them just by google it but if you have any specific questions, shoot me a PM and I'm glad to assist you. I'm using them for over 8 years now. They were hacked at one point but they have compensated all the customers.

It seems that you been a bit confused. OP doesn't want to lend his BTC through any platform or here but to his friends/ private circle. ;)

If you're lending to a friend that you trust, I'd suggest a low, "friendly" interest rate.  Most lenders request an interest rate that will provide returns while also compensating for the occasional default.  If you're confident that you'll get the funds back, I'd put generosity above profits in this situation.


Yeah, I need to update that thread.  It's been a while and I know some of the rates are outdated.  And, at least one of those lenders (he'hem) is no longer offering loans.

You are perfectly right, but I'm not confused.

I was just trying to help by providing information regarding an alternative, or after his friend return the loan maybe he want to continue loaning btc, but without the hassle on lending on the forum (scams, collateral, maintaning an active thread, etc... you know what I mean). Also, he can see the rates there so he can have an idee about the interest. If he trust his friend, he might not charge him rates as high as on the forum, because the risk is much lower in his situation.

@OP: To be more on point, it depends on the risk involved and the work involved in providing/maintaining the loan. For examples, on platforms with (almoust) no risk and no work from your part, where the loans are insured, the interest rates varies between 0.001% - 0.01% per day. From here it can only go up, but again, it tepends on your particular situation.
Also, as an advice, there is no loan that is 100% safe, so you should take this into acount.

Good luck.

I would not recommend lending Bitcoin to friends. Probably it will happen without collateral, and there is a big chance to lose something here or maybe both, your Bitcoin and your friends. Do not borrow more than you can bear to lose.
If your friend does not generate income in Bitcoin, they should don't need to take a loan in BTC.
It can be very complicated if Bitcoin price going up 50% or more on the payday, and he receives earnings ^{the one from which he will repay the loan} in Dollar.