If you are a US Citizen then you will not be able to open an account there.
RE: Loan money to Traders for Passive Income on BFX exchange.
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Loan money to Traders for Passive Income on BFX exchange.
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try to use VPN to view
USA will soon be banned everywhere
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that´s a big claim, can you proof it with different sources?
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USA will soon be banned everywhere
Can you elaborate?
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US will not be banned everywhere he was just speculating. You cannot use a vpn they verify with KYC.
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No one wants the banking Cabal anywhere in the world because of their control issues https://www.bitfinex.com/posts/216
https://www.bitfinex.com/posts/217
Everyone in the world is busy treating the Dollar like a virus since everyone is starting to realise what the FIAT Ponzi scheme is all about.
The Biggest Scam In The History Of Mankind - Hidden Secrets of Money
If you have wealth stored in the US Dollar you are ignorant to your comming demise. Rev 18
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Thanks for the tips. What sort of rates can you expect to earn? Also, is interest paid in USD? It looks like you convert btc to dollars before lending? In this case you are also betting on btc/ USD exchange rate.
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i saw rates from up to 1% per day. Every full hour counts. But its also a risk, last summer all btc got stolen from finex
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@grizgal Rates varies on demand, I've seen rates for USD upto 0.2% per day and crypto rates around 0.03% per day. Ratesare paid in the currency you are lending. If you are lending BTC, then you get paid in BTC, if you are lending in USD then you get paid in USD etc.. There is no need to convert to any particular currency to lend. Lend in what ever currency available.
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have you tried it marcus? Can you get your money back using the market at any time?
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Hi @blockchainttmft Yes I have tried it and you get principal and interest back. I don't have much there because it is an exchange I had about USD300 before and was getting a return of approx USD1.2 every 2 days. It depends on the prevailing rates. You can set the number of days in which you want loan out from a min of 2 days to 30 days I think. I normally do 2 days so I can compound every 2 days.
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Thanks for the details. I'll take a look.
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Interest is paid in crypto you are offer. if you offer BTC you get paid your interest in BTC. Rates are per day. BTC is currently ~0.019% a day (~6.93%). Most of the smaller altcoins are on offer for 0.0001% a day
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