2.
So why is so cool and so different?
@bitfinex is not acting as intermediary (as others do) in the loans. Borrowers engage directly with other bitfinex users (lenders) in an open and transparent market.
And you can actually withdraw the borrowed funds off the platform.
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3. In the coming weeks we'll expand this model to other crosses (ie. borrow USDt with UNI/YFI/LTC/DOT/EOS, ... as collateral etc.) We're also going to provide API access to this feature! Stay tuned!
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Grazie Paolo
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Volume
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Able to withdraw on
@omgnetworkhq ? - Show replies
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Have ether on margin wallet on bfx, I can borrow usd, but not usdt - it says "Maximum Amount 0.000000 ETH". Is this a bug?
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Get a loan in thin air or thin air ?
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Bitfinex Borrow, a peer-to-peer platform for crypto loans has arrived
Tether (USDt) or