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Bitfinex has reported current annual percentage rates for USD lending at 10.16% and for USDt lending at 6.13%.
Bitfinex has announced that the current annual percentage rate (APR) for USD lending on its platform is 10.16%. The APR for USDt lending is reported at 6.13%. No additional information about the terms or context of these lending rates was provided in the broker’s post.
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Bitfinex is a cryptocurrency exchange that allows users to trade a wide range of crypto and fiat pairs, including Bitcoin, Ethereum, Litecoin, USD, EUR, GBP, and JPY. The platform features a proprietary trading terminal with a mobile app, margin trading with leverage up to 1:10 (and up to 1:100 for derivatives), customizable orders, a demo account without capital requirements, and supports staking and deposit investment programs. For more details, read the broker profile on Traders Union.
For additional background, our earlier news about Bitfinex outlined how its longstanding peer-to-peer margin funding model operates and supports leveraged trading on the platform. You can find more details in the previous Bitfinex update on Traders Union.