Exchange with Margin Trading (lend usd/t) search for alternative for binance

[shorty2k]

Hi together!

searching for an exchange where you can make margin trading in the way that you lend usdt or better usd or eur
and buy coins with it then

binance margin works exact like that, but i search for alternatives.
in binance you use usdt and pay 10,03% p.a. on the minus usdt blance

any?
compare is good anyway

this seo blogs about it are shit, and all chil bybit bla,
so let us take a better look on alternatives here

thanks
shorty

[1714189955]

1714189955

[1714189955]

1714189955

[1714189955]

1714189955

[exstasie]

searching for an exchange where you can make margin trading in the way that you lend usdt or better usd or eur
and buy coins with it then

binance margin works exact like that, but i search for alternatives.
in binance you use usdt and pay 10,03% p.a. on the minus usdt blance

Check out Bitfinex: https://www.bitfinex.com/features#margin_funding

They have a peer-to-peer lending market for USD, EUR, and a bunch of cryptocurrencies. The market is much more dynamic than Binance, who just fixes rates where they think borrowers will pay.

Like all markets, patience pays off. Borrowers can usually get pretty favorable rates if they are willing to place lower bids on the funding order book. It's impatient traders that pay the market rate who end up paying the most.

[aardvark15]

I think Poloniex may have margin trading so you could take a look at them. Possibly Kraken as well. I’ve used both of those exchanges but it’s even a while.

[nreal]

You can learn about the margin of OKex exchange. This exchange has a flexible cryptocurrency lending and savings policy. You can save your money and withdraw anytime.

[shorty2k]

thx alot. will check all of them.
OKex looks good, exact that fuction i need

any exchange where you margin lend real usd or eur and not usdt ?

i dont know if thats better

but in case sth happens with tether.. so bitfinex is out
just to have a nice alternative

[skiorf]

maybe you also need to see the Poloniex exchange, there is one of the best mangin exchanges ever. I still use it for margin trading. I like that in exchange there are many crypto choices that can be marginalized.

[exstasie]

I think Poloniex may have margin trading so you could take a look at them. Possibly Kraken as well. I’ve used both of those exchanges but it’s even a while.

I recommend against Poloniex. They don't adequately protect their lenders from borrower defaults. Earlier this year they stuck lenders with an 1,800 BTC loss after a flash crash: https://www.coindesk.com/margin-lenders-lost-13-5-million-in-may-to-poloniex-crypto-crash

Kraken doesn't offer P2P borrowing/lending. When you margin trade there, the leverage is provided by Kraken:

The funds all traders use for margin trading come from Kraken’s margin pools. While these funds are being used, they remain Kraken’s assets — no loan is enacted by our margin trading product.

Client funds are never used for Kraken’s margin trading pools or exposed to the market when trading on margin.

[Aaroenz0r]

Hi together!

searching for an exchange where you can make margin trading in the way that you lend usdt or better usd or eur
and buy coins with it then

binance margin works exact like that, but i search for alternatives.
in binance you use usdt and pay 10,03% p.a. on the minus usdt blance

any?
compare is good anyway

this seo blogs about it are shit, and all chil bybit bla,
so let us take a better look on alternatives here

thanks
shorty

That rate is quite high but I think it makes sense because it is a big exchange. They do business reputable and you will not be afraid of fraud so Binance will be one of the best choices. and I also recommend not going to other exchanges, use the exchange you use often because it has so many advantages. when you are used to trading at one place, the efficiency when you work there is also very high and your orders will be more standard than ever.

[shorty2k]

nice, thx
that are very good points

margin trade borrow
interest rates: yes sure high

if i calculate right, p.a. all to compare, if you like we can make a list together

USDT:
OKex 0.098% per day = 35,77% p.a.
Binance 0.00114583% per hour = 10,04% p.a.

what else we have?

any exchanges where you can lend "real" USD or EUR ?

[exstasie]

USDT:
OKex 0.098% per day = 35,77% p.a.
Binance 0.00114583% per hour = 10,04% p.a.

what else we have?

any exchanges where you can lend "real" USD or EUR ?

It is "real" USD and EUR on Bitfinex. They issue/redeem USDT for deposits and withdrawals, but the markets on Bitfinex are not Tether-based. That's one reason why there is often a discrepancy between global BTCUSDT prices and Bitfinex BTCUSD prices.

[shorty2k]

but bitfinex and tether are in the same boat anyway

no more alternatives?
banks or some other player?


USDT:
OKex 0.098% per day = 35,77% p.a.
Binance 0.00114583% per hour = 10,04% p.a.
...

any more for the list of margin lend interest rates?

[shorty2k]

 

so there is no real alternative to binance for margin trading (with similar fictionality)
 ??

come on!
 

[squatter]

so there is no real alternative to binance for margin trading (with similar fictionality)

P2P lending and margin trading is available on Poloniex. They also support USDC (issued by Coinbase/Circle), not just Tether.

Gate.io supports P2P lending for USDT and a host of cryptocurrencies.

Cryptology advertises P2P funding for margin trading, but I'm not sure on the details. I can't make an account there as a US resident.

[shorty2k]

thx

from my first view there is still no good alternative for margin trading to binance

poloniex has 2% interest per day! (if the info in youtube tutorial is right)

mhh

[figmentofmyass]

thx

from my first view there is still no good alternative for margin trading to binance

poloniex has 2% interest per day! (if the info in youtube tutorial is right)

mhh

2% per day sounds way off. i can't see the funding order book (i think you need an account) but i would look at the actual market rates, which are variable. the highest rates shown on cryptolend (which tracks poloniex) are 0.032% per day. https://cryptolend.net/rates.html

kraken charges 0.01% to open a margin position + 0.01% interest every 4 hours. compounding interest hurts my head so let's call it 0.07% per day. https://support.kraken.com/hc/en-us/articles/206161568-What-are-the-fees-for-margin-trading

[shorty2k]

ok

i think there are 2 different types for leverage trade

#1 margin usd(t) burrow with interest rate on this minus saldo

#2 perpetual swaps,
all the guys with "p&L" and funding rates
like the option with kraken, or bybit or duedex


here i just wanted to concentrate on #1

this link is usefull, thx
https://cryptolend.net/rates.html
just binance missing in the list

any more options for this #1?

[shorty2k]

and most at https://cryptolend.net/rates.html
are bitfinex anyway. that exchange i would not touch

[countryfree]

maybe you also need to see the Poloniex exchange, there is one of the best mangin exchanges ever. I still use it for margin trading. I like that in exchange there are many crypto choices that can be marginalized.

Stay out of Poloniex!

This exchange socializes losses among its customers, so you may end up losing your cryptos, even if you haven't done anything wrong.
More info about that on this topic.

[figmentofmyass]

Stay out of Poloniex!

This exchange socializes losses among its customers, so you may end up losing your cryptos, even if you haven't done anything wrong.
More info about that on this topic.

that's a fair warning, though i believe it applies to virtually all p2p margin lending platforms. that's why the rates pay as high as they do---to justify the liquidity risks (in addition to the custodial exchange risks).

bitfinex says this on one of their support pages:

In theory, these measures could still cause margin traders to lose more than the funds they hold in their account as collateral. Up to a certain point, we will cover the losses from our own reserves; however, if the price would change so dramatically that the majority of all margin positions would drop below zero, losses eventually will be shared with margin funding providers. This has never happened in the existence of our platform, but in theory, it could happen.

Providing liquidity in margin funding is not risk-free; however, interest rates are typically far higher than you achievable at through a typical savings account. In the end, it's up to the user to weigh this risk and gains.

[shorty2k]

and bitfinex has the tether risk to maybe get shut down...