Do you lend out bitcoins on Poloniex? Please share your experiences!
Hi,
I am thinking about lending about lending some bitcoins on Poloniex. I recently heard someone say that you make around 2% interest per day, with minimal risk. Is this true?
Do you lend out on Poloniex, and if so, what are your experiences? What are the risks and rewards?
Please share! I couldn't find any recent posts on this subject on Steemit (last ones date back to 2016).
Thanks for all your input.
![bitcoin-loans.jpg](https://steemitimages.com/DQmQuXoyWaQmyLxAdiXErRb21AFwKMLZUM1xEUznYF4jcaQ/bitcoin-loans.jpg)
(copyright on picture owned by 30btc.com)
I did once. And it went great :)
Good to hear, but please do elaborate. What % of interest did you choose from? How often did you do it? Is this something you (or I) should do on a daily basis through out the year, or just now and then? I don't have a clear picture of the risks yet, I would like to know what the chances are of the other person not paying back the loan.