Post
Topic
Board Exchanges
Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
by
Bagpipe
on 11/01/2015, 14:26:42 UTC
Check out bfxdata, as of lately returns in BTC are about as high as in USD percentage wise.

They are actually higher. I bought BTC to lend them for that reason.
I have some BTC borrowed for LTC/BTC short; it turns out the borrowing rate is at least 0.5% a day, which translates to 600% a year...
I checked the USD rate at one brokerage and they asked for 7% a year... Bitcoin truly lives in the dark, dark ages.

Might wanna check again. BTC borrowing rates are around 0.05% usually. If yours is higher, you can change that right now.
The problem is in the display I guess, if you have USD and short LTC/BTC pair, what are your fees in? it just said 0.03 while my profit fluctuated from 0.02 to 0.08 so it looked sad. The profit was in BTC (now I know) and the fees are most likely LTC... who knows?!