The tweet was deleted by the author.
But we saved everything 🙂.
Bitfinex updates margin lending: daily interest payouts at 01:30 UTC
Bitfinex announced that interest from its margin lending service is credited to users daily at 01:30 UTC, rather than monthly or only upon withdrawal, allowing lenders to access their earned interest more frequently.
Leading Forex Broker in United States
8.8/10
*Rated by real traders on Traders Union
- Chosen by 0+ local traders in the last 3 months.
- Traders earn on average 12% more per month vs other brokers.
Bitfinex has clarified that interest earned from its margin lending (also known as margin funding) is credited to users' accounts daily at around 01:30 UTC. Unlike traditional models where interest is settled monthly or only when funds are withdrawn, Bitfinex credits interest on a daily basis, enabling users to access their earned interest more quickly.
According to Bitfinex’s published materials, margin lending on the platform operates through a peer-to-peer marketplace, and lenders can set terms such as amount, interest rate type, and loan duration. The credited interest is subject to a commission fee, and users retain ownership of their funds while earning daily interest accruals.
Bitfinex is a cryptocurrency exchange that offers trading in a wide range of digital assets, including Bitcoin, Ethereum, Litecoin, crypto pairs, and several fiat currency pairs. The platform features its own trading terminal, supports margin trading with up to 1:10 leverage (and up to 1:100 for derivatives), enables customizable orders, and provides a demo account for testing strategies. For more details on features, accounts, and investment programs, you can read the broker profile on Traders Union.
In our earlier news, Bitfinex reported that Bitcoin managed to hold its short-term support levels despite market pressures and changing macroeconomic conditions. For more insights, see the previous Bitfinex update on Traders Union.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
Subscribe to TU news
Did you like the article?
Latest Bitfinex News
Weekly Top Bonuses
Top News
Top 5 companies for you
United States
-
Afghanistan
-
Albania
-
Algeria
-
Angola
-
Argentina
-
Armenia
-
Australia
-
Austria
-
Azerbaijan
-
Bahamas
-
Bahrain
-
Bangladesh
-
Belarus
-
Belgium
-
Bolivia
-
Botswana
-
Brazil
-
Brunei
-
Bulgaria
-
Cambodia
-
Cameroon
-
Canada
-
Chile
-
China
-
Colombia
-
Congo
-
Costa Rica
-
Cote d'Ivoire
-
Croatia
-
Cuba
-
Cyprus
-
Czechia
-
DR Congo
-
Denmark
-
Dominican Republic
-
Ecuador
-
Egypt
-
El Salvador
-
Estonia
-
Eswatini
-
Ethiopia
-
Finland
-
France
-
Georgia
-
Germany
-
Ghana
-
Greece
-
Haiti
-
Hong Kong
-
Hungary
-
India
-
Indonesia
-
Iran, Islamic republic
-
Iraq
-
Ireland
-
Israel
-
Italy
-
Jamaica
-
Japan
-
Jordan
-
Kazakhstan
-
Kenya
-
Korea
-
Kuwait
-
Kyrgyzstan
-
Laos
-
Latvia
-
Lebanon
-
Lesotho
-
Libya
-
Lithuania
-
Luxembourg
-
Madagascar
-
Malaysia
-
Malta
-
Mauritius
-
Mexico
-
Moldova
-
Mongolia
-
Montenegro
-
Morocco
-
Mozambique
-
Myanmar
-
Namibia
-
Nepal
-
Netherlands
-
New Zealand
-
Nigeria
-
North Macedonia
-
Norway
-
Oman
-
Pakistan
-
Palestine
-
Panama
-
Papua New Guinea
-
Paraguay
-
Peru
-
Philippines
-
Poland
-
Portugal
-
Puerto Rico
-
Qatar
-
Reunion
-
Romania
-
Rwanda
-
Saudi Arabia
-
Serbia
-
Singapore
-
Slovakia
-
Slovenia
-
Somalia
-
South Africa
-
Spain
-
Sri Lanka
-
Sweden
-
Switzerland
-
Syria
-
Taiwan
-
Tajikistan
-
Tanzania
-
Thailand
-
Trinidad and Tobago
-
Tunisia
-
Turkey
-
UAE
-
Uganda
-
Ukraine
-
United Kingdom
-
United States
-
Uruguay
-
Uzbekistan
-
Venezuela
-
Vietnam
-
Yemen
-
Zambia
-
Zimbabwe
- Forex
- Crypto
Live News
