Risk Disclosure: Lending on Bitfinex (Margin Funding) involves risk. Borrowers may default, though Bitfinex employs liquidation mechanisms to protect lenders. Ensure you understand the risks before lending.
What is Bitfinex Lending (Margin Funding)?
Bitfinex Lending, commonly referred to as Margin Funding, allows you to earn passive income by lending your idle cryptocurrency assets to other traders who use them for margin trading. You act as the lender, and traders are your borrowers.
Fee Structure
| Order Type | Platform Fee (Deducted from Earnings) |
|---|---|
| Standard Funding Order | 15.0% |
| Hidden Funding Order | 18.0% |
How to Start Lending on Bitfinex
- Login: Navigate to your Bitfinex account and log in.
- Transfer Funds: Ensure your assets are in your Funding Wallet. You can move funds from your Exchange Wallet if needed.
- Go to Funding Page: Navigate to the "Funding" section (often found under the "Lending" or "Margin Funding" tab).
- Place a Funding Offer: Enter the amount of crypto you wish to lend, the daily interest rate you're willing to accept, and the duration (period) for the loan.
- Wait for Matching: Once a borrower accepts your offer, your funds are lent out, and you begin earning interest.