Is this Bitfinex lending profitable at all anymore? I see Polo,which s offered higher lending rates in the last 6 months, hasnt been profitable anymore.
So, is there any point using this?
So, is there any point using this?
When you say profitable, what exactly do you mean?
I ask that because if you plan to only lend USD, I don't see many ways in which you lose money in this investment (except for credit risk and failure to repay the loan by the exchange). On top of that, lending rates are higher than a lot of other fixed-rate investments in USD.
So as long as you're comfortable with the credit risk, I believe it is still worth it.