RE: How to earn passive income from lending your Bitcoin on Poloniex

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How to earn passive income from lending your Bitcoin on Poloniex

in bitcoin •  8 years ago 

hello! Is there any risk of not getting paid? thanks in advance..

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8 years ago by

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      ·  8 years ago 

    No, you will always get paid the interest you are owed. Poloniex and the other exchanges that support this implement margin calls, meaning that if a borrower suffers large losses they will be forced by the exchange to close their position and repay loans before they become in danger of defaulting. A default is technically possible if market conditions are so extreme that the built-in safeguards can't close out a position fast enough, but the chances of that happening are extremely low. In all the many months I've been lending, there has never been a single default.

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