Is lending my money out on bitfinex safe?
Am i guaranteed to get my money back? can i make good returns on it?
Someone with experience please shill me.
If someone gets liquidated you get all your money back, doesn't matter if don't think
Thanks for lending on bitfinex bro, I appreciate it !
>>3282618
It's safe (with adquate account security eg 2FA) but the returns are pretty small I think? 0.005-0.01% per day which comes around to 3-4% per year.
If you are going to hold anyway it's great since you get about 3-4% on top of your initial hold if whatever you are holding goes up.
they was hacked before, that creeps me out
It's a shit return
>>3282618
>Am i guaranteed to get my money back?
No.
From the site: "Providing liquidity in margin funding is not risk-free ... In the end, it's up to the user to weigh this risk and gains."