An easy way to lend is through bitfinex. BTC returns about 2% right now. Fiat loans much more but it fluctuates. Little tip. No reason to lock in your loan for more than a few days. If you lock it in for a month and then the rate goes up while you are inside of the month, you lose money. But you can also keep your loan rolling over and reinvested and take advantage of the rate if it goes up. Of course it might go down. Its a calculated risk.
M
this is very interesting, thanks for sharing.
i have question about the service.
you are lending to users on the site right? can they withdraw it after they take the loan or is it blocked within the exchanger?
No the money does not leave the site. It is used for people who want to short a market. The money has to come from somewhere? That would be you adding liquidity to the platform. The borrower is hoping the market will go in their direction more than the cost of the interest on the loan. Volatility and volume change the return you get on the loan.
Also. It won't be for a while. But First Global Credit will have a passive investment option that will allow you to generate a return without the need to direct your investment. Right now its all using bitcoin as collateral to invest in mainstream companies like Google, Apple, EasyJet, BetFair. Or the S&P, NASDAQ, other exchanges. Jon Matonis is on our board and the company has been trading since 2014.
But I am delighted I knew something useful for you.