Post
Topic
Board Exchanges
Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
by
superbit
on 26/09/2014, 16:14:35 UTC
I looked at shorting it but 0.23% a day?
0.2% a day, 16% until December 15 (actually less because it's a "depleting asset"). But with current price you'll be in profit anyway.

So as I test (never shorted before), and I didn't borrow anything and just did a margin sell at market of 0.1 TH1BTC.  The order went though but under swap cost it says 0.00?  The system must have borrowed the TH1BTC from someone to sell it, where do I see that?  I didn't have to put in how many days I wanted to borrow from or anything.

Thanks,

The swap probably says 'daily' under it. If so the swap is paid daily and you might need to have a look at history to see details on the daily payment on your swap.

It does say daily, but I don't see where in history I get the rate? With term do you only pay at then end of the term you borrowed for? Difference and which is usually cheaper?

edit: Found it, if I go to where I lend out USD it says swaps used in margin position!  Still don't get the term daily thing though