Low interest rates? The hell you are!!! 25% not uncommon.

in #money7 years ago

Hello, everybody,

I would like to show you a nice variant of how you can invest your money at an average interest rate of 20%. Also readers without crypto experience or interested in crypto currencies should continue reading.

Opera Momentaufnahme_2018-04-27_111242_www.coinlend.org.png

In the picture above you can see an extract from my account. As you can see, these are quite decent interest rates. Very importantly, there is no HOOK!!!!!!!!!

Why are interest rates so high and how does it all work?

Well, that's very simple. And you don't need any crypto skills. You only have to register at one of the supported exchanges. I recommend Bitfinex.

Here I quote from an earlier report.

On some exchanges you can lend bitcoins, dollars or other crypto currencies profitably to daytraders. With the CoinLend platform you save yourself the manual handling of short-term loans.

For many, bitcoin is an investment, like gold or stocks. But since Bitcoin is money at the same time, you can lend it for a profit. One possibility is margin trading on some exchanges such as BitFinex or Poloniex. Traders can borrow money on the stock exchanges to trade "with leverage", i.e. to multiply their bets.

"Someone is borrowing US dollars to bet on a falling bitcoin rate, or bitcoin to bet on a rising rate," Jan Pumpe explains. "As a lender, you can make an offer of credit, and the platforms do that. The trader who borrows money must have a security deposit, such as Bitcoins, to borrow dollars. If the leveraged trade bursts, there is a margin call and the deposited coins are sold."

Jan Pumpe is a programmer. Together with Christopher Bensch, the man from Baden runs the recently gone live website CoinLend.de. Jan started lending Bitcoins to margin traders a few years ago on exchanges like BitFinex or Poloniex. If you catch good rates, a return of up to 10 percent per year is not unrealistic.
"At first, I did it manually. But this is time consuming, because you always have to check whether the loans will come back. Besides, they only run for two days, or can be returned earlier. You have to babysit most of the time." So Jan started to write a script that takes care of the effort and automatically gives him coins. "Since there was a need, I put it online." So together with Christopher he built the website Coinlend.de, where you can get interest for your coins on stock exchanges for about three months without any effort.

Log on and enter an API key. Then the bot gets access to coins and can lend them. "But there's nothing else he can do. Don't pay out, don't act, just lend. We only accept API keys with these limited access rights." The bot then places orders for short-term loans. You can still set certain options to fine-tune the desired rental behavior.

Opera Momentaufnahme_2018-04-27_110628_www.coinlend.org.jpg

Setting up the bot is very simple. So no matter who wants to invest his money profitably, it is really in good hands here.

Opera Momentaufnahme_2018-04-27_111158_www.coinlend.org.png

In the settings you can determine at which interest rates you want to lend your money or your coins. It is also adjustable whether you only want to lend for 2 days or for longer.

I'd recommend two days. You simply have very high interest income and that under optimal conditions. You can withdraw your money after 2 days at the latest. So you have no risk at all and still take the interest with you.

Summary:https://www.coinlend.org

This investment option is aimed at all those who want to make a little out of their money without taking any risks or for ever-long maturities. In an emergency, you can get your money back after two days. If you let it lie, the bot will automatically lend your money at the highest interest rates. These always vary a little. On average, however, it is always around 20 percent. Open an account at https://bitfinex.com and put your money or coins on the Funding Wallet. With Bitfinex, go to API at the top right and generate an API key.

DQmNW79Wpv47vzdqCQxQPSFwd4VQaCbR2hMeEtMW6jNtMTe_1680x8400.jpg

Sets the hooks exactly as shown in the picture above. This means that the bot has access to your money for rental. It is very important to remove the hook at Withdrawl. He can't just take your money out. Then set your desired rental options and off you go. I've been doing this since last year and it's going great.
No bank offers me so much interest income. If you have any questions, just write me.

Your Sebi.

translated by DeepL

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This post has received a 4.09 % upvote from @boomerang.

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