Finance Breaking news Bitfinex unveils Lending Pro to let users earn on crypto last financial news
Breaking-Finance.Com - Bitfinex, a state-of-the-art digital asset trading platform, will be launching Lending Pro in the first week of August, providing users with an advanced lending tool designed to automate lending in order to enhance the efficiency of capital allocation on the exchange.
Breaking-Finance.Com - Lending Pro is a highly-customizable tool that utilizes automated technologies and advanced features to manage lending based on a user’s specifications and market conditions. Once customers have input their preferred settings, Lending Pro will use those settings and market conditions to automatically offer and extend lending in our peer-to-peer marketplace, on the customer’s behalf. Lending Pro potentially allows users to increase their earnings by automating the management of crypto lending in the platform’s peer-to-peer lending portal.
. “By deploying advanced automated technologies we’ve created a tool that will help our growing user base maximise their earning efficiency on the crypto held on our exchange.”To obtain access to Lending Pro, Bitfinex users will need to login to their account and navigate to the Lending dropdown menu at the top navigation bar.The launch of Lending Pro further consolidates Bitfinex’s position as a one-stop-shop for crypto trading, offering a variety of services, including margin trading with up to 5x leverage.
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