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RE: How to earn passive income from lending your Bitcoin on Poloniex
I got it all set up but then decided not to use it, they charge 10% of what you make using the bot, but you have to transfer Bitcoin to them manually for their cut, and the network transfer fee would be more than I'm making currently.
Try sending them Bitcoin from exchanges that do not charge transfer fees - for example: GDAX.
Lending sounds great. However, giving away 15% to Poloniex, then 10% to a bot means only 75% for me.
Not using a bot is cumbersome and time consuming.
In addition I have another worry: Keeping larger and larger amounts on Poloniex isn't a wise idea.
So for me, lendig is more like a pastime and not investment.
Checkout Coinlend to automate your lending - it is free!