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Topic
Board Exchanges
Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
by
SebastianJu
on 25/03/2015, 11:09:15 UTC
But what i really dont like is that bitfinex is stealing my additional profit from users who pay back MY loan earlier. Those people have to pay the fee for the full day. I have to lend those coins out again and have work with it but bitfinex simply is taking that additionally paid fee for themselves. The credit i got clearly says so. And i think thats not ok. Its my money i lend and i have the additional work but i dont have anything from doing so. Its like i lend my money to bitfinex and not to other users. If i would lend my money to bitfinex then they could make such a rule but i lend to other users.

Am i wrong on this or is this unfair? First the high fee of 15% and then i lose completely the additional payments that users paid for my lent money.

they break down by the hour for calculations...not whole days

Then i got this wrong. When i traded margin on bitfinex i always read things the way that, when i close a position, i still have to pay the full loan fee for the day. But its only for the hours i used the loan till now? I didnt find a statement about that on bitfinex faqs now.

The maybe additional minutes from a not ended hour are probably eaten by the time it takes to lend out the money again then.