Does anyone here margin trade on Poloniex?
I'd like to think I'm not a complete moron when it comes to margin trading but I can't seem to get it to work.
There are plenty of loans out on the table and for the price I set in my margin buys at, however, when making a trade I get the message 'Insufficient loans to cover trade'.
What am I doing wrong?
I'd like to think I'm not a complete moron when it comes to margin trading but I can't seem to get it to work.
There are plenty of loans out on the table and for the price I set in my margin buys at, however, when making a trade I get the message 'Insufficient loans to cover trade'.
What am I doing wrong?
The book varies at an alarming rate. You need to raise your rate limit I would guess. Don't be so cheap
I couldn't more agree on this statement. I am giving both btc and xmr loans out and I prefer higher rates to lower rates on both coins.
To get both of you in one go, I have tried it all. =/ I'll even sit there with an open order, refreshing the lending page, and I stare blankly at open lending offers that match my order. I am at such a loss. Bagholding from the start, but wanting to make that little extra.
Have you moved the coins into your margin account? If they are in your exchange account they can't be used for margin positions.
They don't even allow you to go as far as placing a loan order if you don't have XMR in your margin account. I was hoping to get someone who may or may not have had this same issue, but now understands how it works. It's really becoming a pain in my ass!