New here and want to offer loans

[oceantechno]

Hello everybody,

I have about 7296 dogecoin (about 0.00452381) that I'm offering as loans in poloniex.
Everything were Ok until Bitcoin has fallen during last weeks.
I would like to offer invest by offering loans in different platforms (here for exemple) but I don't really know how it works.

1- Any other trusted platform to offer loans (like poloniex) with good rates?
2- How it works here.

N.B: I'm new in this forum and I'm not looking for lending like bitconnect etc..


Best regards

[Severos]

Interesting topic, I've been thinking of doing the same. Would be nice if some older member with experience in this thing could write a small article about how to get started.

[magneto]

Hello everybody,

I have about 7296 dogecoin (about 0.00452381) that I'm offering as loans in poloniex.
Everything were Ok until Bitcoin has fallen during last weeks.
I would like to offer invest by offering loans in different platforms (here for exemple) but I don't really know how it works.

1- Any other trusted platform to offer loans (like poloniex) with good rates?
2- How it works here.

N.B: I'm new in this forum and I'm not looking for lending like bitconnect etc..


Best regards

First, move your thread to lending or service discussions. Long term offers are exactly that, long term offers. It's definitely not the place or subforum to discuss how to get started on lending to other people.

7k doge isn't a lot of money to lend out. To earn a decent interest, you need at least a few Bitcents(0.01 BTC) to get started.

Make sure you read all the stickies such as the "no collateral no loan" rule, before you open your lending business. Once you've done that just open a thread with all your terms and conditions written in it and how to apply for a loan.

Not sure where else other than poloniex you'll be able to lend out your coins for margin traders, though. But lending on forum can be very rewarding for sure.

[brenzosa]

your 7296 doge coins is worth around 0.003 btc now.  i hope you had exchanged your 7296 doge coins to 0.0045 btc when you started this topic.  btc are way more valuable than other coins and it's better to hold your assets in btc.  from january to june, bitcoin price fell around 60%, where as other alts fell 80% or more.

also, people usually lend in bitcoins, not altcoins.

if you want to keep your asset in dogecoins and want to earn interest, search for exchanges that offer margin trading, where it's safe to lend your coins to exchanges at a lower rate but sure return.