shorty2k (OP)
Newbie
Offline
Activity: 13
Merit: 0
|
|
December 03, 2019, 11:05:26 PM |
|
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
|
|
|
|
|
|
|
If you see garbage posts (off-topic, trolling, spam, no point, etc.), use the "report to moderator" links. All reports are investigated, though you will rarely be contacted about your reports.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
exstasie
Legendary
Offline
Activity: 1806
Merit: 1521
|
|
December 03, 2019, 11:33:30 PM |
|
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_fundingThey 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
|
|
December 04, 2019, 02:30:03 PM |
|
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
Full Member
Offline
Activity: 932
Merit: 100
arcs-chain.com
|
|
December 04, 2019, 03:42:48 PM |
|
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 (OP)
Newbie
Offline
Activity: 13
Merit: 0
|
|
December 04, 2019, 11:48:17 PM |
|
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
|
|
December 05, 2019, 12:53:02 AM |
|
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
Legendary
Offline
Activity: 1806
Merit: 1521
|
|
December 05, 2019, 01:24:38 AM |
|
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-crashKraken 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
Full Member
Offline
Activity: 504
Merit: 100
Option Blitz
|
|
December 05, 2019, 08:42:20 AM |
|
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 (OP)
Newbie
Offline
Activity: 13
Merit: 0
|
|
December 05, 2019, 10:11:56 AM |
|
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
Legendary
Offline
Activity: 1806
Merit: 1521
|
|
December 05, 2019, 07:46:32 PM |
|
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 (OP)
Newbie
Offline
Activity: 13
Merit: 0
|
|
December 06, 2019, 07:35:39 AM Last edit: December 15, 2019, 09:00:51 PM by 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 (OP)
Newbie
Offline
Activity: 13
Merit: 0
|
|
December 15, 2019, 09:01:36 PM |
|
so there is no real alternative to binance for margin trading (with similar fictionality) ?? come on!
|
|
|
|
|
shorty2k (OP)
Newbie
Offline
Activity: 13
Merit: 0
|
|
December 16, 2019, 07:48:20 PM |
|
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
Legendary
Offline
Activity: 1652
Merit: 1483
|
|
December 16, 2019, 08:18:42 PM |
|
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.htmlkraken 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 (OP)
Newbie
Offline
Activity: 13
Merit: 0
|
|
December 16, 2019, 09:26:23 PM |
|
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.htmljust binance missing in the list any more options for this #1?
|
|
|
|
|
countryfree
Legendary
Offline
Activity: 3052
Merit: 1047
Your country may be your worst enemy
|
|
December 17, 2019, 10:58:09 AM |
|
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.
|
I used to be a citizen and a taxpayer. Those days are long gone.
|
|
|
figmentofmyass
Legendary
Offline
Activity: 1652
Merit: 1483
|
|
December 17, 2019, 11:22:55 AM |
|
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 (OP)
Newbie
Offline
Activity: 13
Merit: 0
|
|
December 17, 2019, 11:19:53 PM |
|
and bitfinex has the tether risk to maybe get shut down...
|
|
|
|
|