can someone confirm if OKCoin reopen their P2P lending to everyone? Or is it just to institution depositing a ridiculous sum - last I ask, they want $50 million CNY!!!
ok, just signed on, seems like they reopen the feature - the loan book is quite shallow
fee + the insurance is quite high
You are confusing P2P lending with P2P corporate lending. P2P corporate provide the large amount of the margin liquidity for a fixed return price, intended for high-risk margin traders. The P2P lending OB covers the "small-trader" market and thus require less money to get in.