RE: Up to 109.5 % Interest Rates for Bitcoins on the Poloniex Trading Platform!

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Up to 109.5 % Interest Rates for Bitcoins on the Poloniex Trading Platform!

in poloniex •  8 years ago  (edited)

I assume you get interest by lending your BTC so that other people can short it. A higher interest rate may mean that more people want to short BTC.

This can be due to either a bearish view of the currency or just a larger market. A larger market will lead to more players and therefore more shorts.

poloniex
8 years ago by

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