Lending — through the platform's lending facility, users can
lend to other traders and earn daily interest of up to 18 %.
Not exact matches
So this means that besides actively trading yourself you can use Bitfinex
to lend money
to other traders for margin trading.
It focuses more on professional
traders than on the general public, offering users the ability
to engage in margin
lending, margin funding, paired trading, and limit and stop orders (as well as
other kinds of order).
«Class T makes all types of investments in the crypto space, Class L
lends fiat and crypto currencies
to other traders to allow them
to leverage and short, and Class I mirrors the CAMCrypto30 index of the 30 largest crypto currencies by market cap.»
Using Bitto, users can earn by
lending their cryptocurrency
to other traders, and earn market - driven interest rates on their loans.
In essence, if a user allows their bitcoin
to be
lent out
to other traders, they will earn interest on the bitcoin based on the fees that BTCC charges.
The system efficiently allows
traders to secure trading funds, and also take advantage of the
lending feature
to gain from
lending funds out
to other traders.
At the moment, there are two major cryptocurrency exchanges which support
lending your favorite coins or USD
to other traders: Bitfinex and Poloniex.