Looks interesting, few questions:
Hi Rahar02, thank you very much for your interest in our service.
- as you said, profits generated by giving a loan to traders through exchanges, which exchanges are included?
Usually we do not disclose the exact list of exchanges with which we do business, because it is subject to numerous variations.
If we find out that there may be possible issues in the activity of a particular exchange, we stop collaborating with it.
In addition, given the volatility of the market, and the discrepancy of interest rates and quotations from one exchange to another, it is very likely that in a few days since the names of the exchanges are disclosed they will change to always guarantee the best profit to our customers.
(And logically we want to avoid giving advantage to competitors).
However, to give a general idea of our partners, in this exact moment the main exchanges are Bitfinex and BitMex (60% of the funds are distributed on these two platforms).
- the interest rate is variable, tell me about it? How if someone deposit BTC5 or BTC10 for a week or a month?
Considering the volatility of the market we can not commit to sustaining a fixed rate of return, so we reserve the possibility to modify it.
However, the current interest (That is 0.012% daily, 4.48% APR) in this market condition is very sustainable and therefore has not been changed for several months.
In the event that a change is made to this percentage, customers will be notified in advance.
- For example, if you have kept the Bitcoin to your account only for 5 hours, you will receive an interest proportionate to the time of permanence of your bitcoins on our platform. guaranteed profits even for 5 hours, is that possible even for small amount such as BTC0.05?
Our algorithm has been created to be as fair as possible, it keeps track of your balance every single hour, and at the end of the day an average is made and your interest is calculated on that.
So yes, even if you hold a small sum (like 0.05 Btc) for a short time (like 5 hours) you will receive the payment of interest.
Feel free to contact us for any other questions.
SaveBox.io Team.