[ANN] Cryptolend.net - Automatic online lending

[gdupont]

We enriched the home page with the current available rates of the supported currencies and exchanges.
The data is displayed on a table and on a historical chart with daily min and max values.

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[electronicash]

Your service s free? Yeah, right, NOTHING costs NOTHING my friend. I suggest caution.

Yeah that's what c0ncerns me also.

heard some of these before, it would eventually change later once they see they are not getting much money for it.
they will either insert ads or simply ask for fee for every transaction.

[PrivacyIsImportant]

These comments are usually from people who like to write negative feedbacks just because they enjoy it.
It's not SO suspicious if someone made his service free at the beggining, but guys always make such drama in these topics and i usually ignore these comments already.

[gdupont]

We now support the complete list of currencies for Poloniex and Bitfinex, that is to say 17 different pairs of Currency-Exchange.

We also separated the current and historical rates on a specific web page. You can monitor the margin lending rates at: https://cryptolend.net/rates.html

Because of the Bitcoin trend, today's highest rate is the USD on Bitfinex.

[JasonXG]

Sounds good but of you manage the lending and out money is in our exchange account then how do you manage the lending since you can't access the money ? This is the part I'm hearing no explanation for. Please tell us more how it works.

[gdupont]

You simply create an API key on your exchange's account to allow Cryptolend making margin lending offers on your behalf. Don't check trading and withdrawing so your money remains safe in your exchange account. Here is the simple procedure : https://cryptolend.net/help.html

[crazyivan]

It seems margin rates re dropping big time everywhere, what s the most profitable pair ATM?

[Supercrypt]

Your service s free? Yeah, right, NOTHING costs NOTHING my friend. I suggest caution.

Yeah that's what c0ncerns me also.

heard some of these before, it would eventually change later once they see they are not getting much money for it.
they will either insert ads or simply ask for fee for every transaction.

That is right. Every business you see that has been set up is for the objective of making profit in one way or the other, if they cannot make profit from it, then they will collapse because there will no be money to pay off their bills.
It is really not bad if they later introduce fees means through which they can sustain their business for another short period, long sustaining not at all possible .

[rohmanbagol]

i dont know anything about margin trading
i think the website provide BTC to lend on me

[gdupont]

Big changes here! We now support a new platform: Bitmex. Use Cryptolend to earn interest by shorting Bitmex XBTUSD swap. This new feature added to the other supported exchanges, helps you split your bitcoins and dollars to different platforms, to mitigate the counterparty risk when earning interest.

Read our explanation, to learn more : https://cryptolend.net/help.html#rubwhite6.

[gdupont]

Added support of ZEC margin lending. On Bitmex funding, you can now use leverage (up to 5x). See help for details. We also did several improvements for engine stability.

[gdupont]

In a thrilling partnership with one of our user, we developped a complete new strategy: the Long maturity strategy. Its goal is to prioritize rates over maturity. The bet is that 30-days loans will be closed out long before term, so we can focus on highest available rates whatever the maturity. See help for details : https://cryptolend.net/help.html#rubwhite4.

[electronicash]

The site is not professional, the concept is make me doubt and fear to use your service, I just go to poloniex website if I want to do a lend/loan. Why risking with your site

exactly. why try the news ones without reputation yet when polo allows us to loan?
gdupont could have make it if he build his rep here in the forum first. but we'll see when someone tried. its says free to which the rest of us are pretty suspicious about it.

[gdupont]

Thanks for your kind words. I fully trust your forum reputation. We can see that you have read our description and that you clearly understand the benefit of our free project, compared to using the basic “Auto renew” feature from Poloniex. By the way, did you know that you could have earned 10% interest since your first message, 9 months ago ?

[gdupont]

We now support Quoine Exchange and its 11 currencies open to Margin Lending ! Earn interest on Euro, US Dollar, Japanese Yen, Chinese Yuan, but also Indonesian Rupiah, Philippine Peso, Indian Rupee, Australian Dollar, Hong Kong Dollar, Singapore Dollar. See Help for details.

[gdupont]

Security is our number one priority. We have strengthened the Log In process. All cookies will be deleted after a few minutes. Check ‘Remember me’ only on your personal device.

[gdupont]

Last improvements: Loans page loading time divided by 2. Balance and Gain charts now display your complete historical data. You can adjust timescale with the Zoom panel (shortcuts + date picker).

[gdupont]

Our bot process all users each 1 to 2 minutes. We now monitor the Availability, which is the % of time the bot runs on each exchange. See clock icon on top banner. Last days average is 99 to 100%. Most outage are due to exchange API disconnections or bugs in our bot.

[gdupont]

Display your current funding in % per day or compounded per year (see Account settings). Nice 1000%/year on Bitmex this week.

[gdupont]

Bitfinex DSH and XMR are now available to margin lending.