Post
Topic
Board Service Discussion (Altcoins)
Re: Poloniex Lending Similar Site?
by
brobbel
on 09/06/2017, 12:06:43 UTC
Hello, i've use poloniex for months but i never actually use the lending section

Other than risk of Poloniex goes down/hacked, is there any other risk that implied if i lent to the user?

Next, other then polo, is there any othere simlar lending site?
BFX has a lending option but the rates can vary which means you might not get a "fill" for a while.

As prev. mentioned, if polo is down your money is stuck.

Therefore thats the only downside of lending right?

No other risk implied in this case?

You can take a look at https://poloniex.com/support/aboutMarginTrading/
But I guess the main risks are mentioned: Poloniex defaulting and/or collateral of borrower drops very fast in value.