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RE: Use Poloniex Lending Bot for Maximum Interest Earning Potential
Thanks a lot, following the link and trying to understand force liquidation.
"and if you have a substantial amount of Bitcoin then you can earn a lot." Man, if I had a substantial stack of this magic stuff I would be leaving my job two months ago ;-)
Lol I know what you mean buddy :)
To figure out what you will make just multiply the interest rate with the amount of coins you lend out. If you look at the lending bot picture you will see bitcoin has a lending rate of 0.1785% which means if you have 1 bitcoin it will be 1x0.1785% per day. The same applies for the other coins just different lending rates.
Hope this helps ;)
Thanks a lot, yes it helps and...
May I suggest to take a look to ethtrade.org? I have been using them for almost tthree months now and the returns vary between 0.37% and 0.70 daily.
I am really happy with the results and their web its pretty simple and nice to use.
Im glad it helped and thanks for the recommendation. I will check them out when I have some spare time :)