I wish to borrow 1,000,000 DASH.
And I have loads of BatCoin as collateral.
this thread about poloniex, this mean youre wish about borrow in poloniex
in polonex borrow must have balance coin in support margin trading
without balance you can not borrow in poloniex, you can borrow 2.5x from youre balance, this mean leverage in poloniex 2.5
and poloniex borrow you can not withdraw, you only use balance to trading
That day where someone discovers how to withdraw with leverage will be awesome
Those lendings are indeed coins that almost don't exist. Partial reserves alike, what we always wanted to avoid. What happens if they dump all margined coins on another exchange, driving prices down over there? Their own customers would be happy, rebuying cheaper. That's the first time I discovered that possibility. Not only exchanges can trade on their own site against their own customers, like brokers are frontrunning their own customers, but they could do it arbitrage styled.
How to detect that?
And if some site got caught in the act, how to do it any justice? On the long we need the exchange without exchange sites. Decentralized exchanges.
