3 Reasons to Lend Bitcoin

BTC
Bitcoin lending you to earn money through lending your bitcoin to margin traders.  These margin traders are looking to amplify their investment potential and will pay you an interest rate to borrow your Bitcoin.  Let's take a look at the top 3 reasons this makes a great passive income stream: #1: Bitcoin lending is great passive income For those of us looking for fairly low risk and high return passive income streams, Bitcoin lending is a great one.  We wrote about the risks in The FAQs of Cryptocurrency Lending, but they're fairly tolerable.  It's fairly easy to get started by: Purchasing some Bitcoin on sites like Coinbase.com Setup a Poloniex lending account and transfer Bitcoin to it Setup a CoinFlow account to automate your lending and ensure you're getting the best rates…
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The FAQs of Cryptocurrency Lending

The FAQs of Cryptocurrency Lending

BTC, How-To
Cryptocurrency lending is probably one of the smartest things you could be doing to grow your current position in a meaningful way with minimal risk.  It can seem a bit daunting at first until you understand the following details. What do I need to get started? Account with Poloniex - holds your funds, provides a lending framework, and helps ensure loan payback. Account with CoinFlow.io - Automates loan renewals at adjusting market rates to optimize your ROI. What do I need to do to Setup Coinflow.io? Poloniex Account Generate an API user on Poloniex Make sure your Poloniex Lending Account has BTC funds CoinFlow.io Account Signup at CoinFlow.io Copy & Paste the API Key and Secret into CoinFlow.io Transfer funds to CoinFlow.io to enable your account Who am I loaning…
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Potential Hard Fork Preparation – Aug 1, 2017

BTC
As you may be aware of the potential hard fork of BTC coming up August 1, 2017, we wanted to publish some of our thoughts and plans regarding our Poloniex lending bot strategy. We have decided allow all active loans to complete their cycle prior to August 1st, 2017.  Doing so will enable all CoinFlow customers to participate in any fork and ensure their continued ownership of Bitcoin Core and Bitcoin Unlimited.  If this is not your desired functionality, please reach out to our team at hello@coinflow.io Please note: Since no loans will be managed during 2-3 days around August 1st, we wanted to remind everyone that this also means that no fees will be incurred. Related Article: Our [Poloniex] Position On The Possible Hard Fork
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