Lending on Poloniex

in #vincentb • 7 years ago

PSA - if you're Lending on the Poloniex platform, have enough respect for your cryptocurrency to loan it out at a decent rate. Driving the rate down to 0.0001% is no help to you or your fellow lenders. I ask this of the Lenders - when offering a loan enter the next highest rate, instead of the lowest. It might take a little extra time for it to go out, but it will be worth more in the long run.
My $.02 ;)

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#poloniex #interest #rate #caser
7 years ago in #vincentb by
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     7 years ago 

    sup baby vincentb

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     7 years ago 

    how do you lend in Poloniex

    [-]
     7 years ago 

    set up an account, deposit coins, transfer them into your lending account, set the interest rate, amount of coins and how many days you want to loan...

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     7 years ago 

    Thanks ... I don't understand who lend with very small rate

    [-]
     7 years ago 

    Yeah it's a good way to gain cryptocurrency by lending, but the interest rates need to be higher. Still i'm happy they have a Lending program, it adds up.

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