RE: How To Be The Bank and Lend Out Money on Poloniex for Guaranteed Daily Interest

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How To Be The Bank and Lend Out Money on Poloniex for Guaranteed Daily Interest

in money •  8 years ago 

What happens if the borrower defaults or disappears?

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Yes, this one. What then?

Poloniex uses force liquidation if a borrower positions begins to drop. More info can be found at https://poloniex.com/support/aboutMarginTrading/ . That being said, with any invest you will always have a risk of some kind of loss.

Banks dont have that risk, they take everything you have if you dont pay.