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Title: Please someone explain the bitcoinica interest rate to a noob! Post by: schnell on March 11, 2012, 12:47:49 PM What is there:
Currency Bitcoinica Buy Bitcoinica Sell Daily Pip Apy Daily Pip Apy BTC 0.0 0.0% 0.0 0.0% USD 1.96 7.41% 5.0 20.02% How I see it: DFDGFJKJKNRFJNKEWNJFJKWEFNKJWFE FWERWEFRHW£ERWEUWUERUE$R WREFREFWREFH$EWFWREFWFE Please just explain them, and most importantly the rate I would get for just depositing and idling btc and/or usd Title: Re: Please someone explain the bitcoinica interest rate to a noob! Post by: Meni Rosenfeld on March 11, 2012, 12:56:02 PM "Bitcoinica Buy Apy" is what you'd get per year for an idle deposit. Currently this is 0% for BTC and 7.41% for USD.
"Daily Pip" is in units of 0.01% per day. "Bitcoinica sell" is what you pay for a "negative balance". Eg, if you buy bitcoins on margin, you have to pay the USD Bitcoinica sell Apy. Title: Re: Please someone explain the bitcoinica interest rate to a noob! Post by: schnell on March 11, 2012, 01:04:41 PM "Bitcoinica Buy Apy" is what you'd get per year for an idle deposit. Currently this is 0% for BTC and 7.41% for USD. "Daily Pip" is in units of 0.01% per day. "Bitcoinica sell" is what you pay for a "negative balance". Eg, if you buy bitcoins on margin, you have to pay the USD Bitcoinica sell Apy. So on a 36USD balance I will make 0.0072 dollars a day? :/ Thanks though! :) |