Create value for your idle funds, enjoy high-interest in margin offering now.
Because the borrowers mostly are professional traders who perform leverage trading while Bitfinex Exchange supports up to 3.3 leverage trade. Because Bitfinex is the world's leading exchanges with high liquidity, so there are a large number of short and medium-term borrowing needs. In addition, borrowers can only be the main currency to buy and sell on Bitfinex Exchange after the loan funds, supplemented by liquidation mechanism to improve the safety of lenders margin.
The main risk is unforeseen black swan events happened and causing slippery prices, being hacked, etc. You can refer more details here for Bitfinex Official Statement. Bitfinex is currently the world's leading exchanges, has been on-line operation for up to seven years, experienced hackers stealing money during the two events but still grow and prosper, and overpaying for users of funds, the exchange is relatively reliable and continues growing comparing to others.
Belend lending bot helps users continued offering their funds without interruption. Bitfinex will settlement the interest every day on 1:30 (UTC). You can now have day compound interest by using Belend lending bot on Bitfinex. In addition, every time the offering create by Belend is close to the best market rate, that helps to maximize your earning.
Belend only requires limited user privileges API. Belend does not require operating authority API (such as withdraw, deposit, etc.) to ensure the safety of funds of independence.
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