Corporate Finance News / Quotidien
              


Jeudi 18 Mars 2021

Bitfinex Launches Period Mode Settings on Lending Pro


Disclaimer: The text below is a press release that was not written by Finyear.com.
Avertissement : Le texte ci-dessous est un communiqué de presse qui n'a pas été rédigé par Finyear.com.



Bitfinex, a state-of-the-art digital token trading platform, has launched Period Mode settings on Lending Pro, allowing users to further customize and create their own lending strategies.

Period Mode is a new automation setting that allows Bitfinex users to customize the lending duration based on their specifications and market conditions. This enhances their ability to fine-tune lending strategies and optimize the management of crypto funding in Bitfinex’s peer-to-peer lending portal.

Customers can obtain access to Period Mode by opening the Automation Settings panel on the Lending Pro page. There are three modes available: Dynamic, Fixed, and Custom.

“Period Mode enables our users to tailor and fine tune their lending strategies,” said Paolo Ardoino, CTO at Bitfinex. “This will give our users more control over how Lending Pro can help them to maximise the earning efficiency of their crypto holdings.”

Dynamic mode sets a user’s lending period to be automatically based on prevailing market conditions. Fixed mode allows users to specify the number of days for their desired lending period. Custom mode allows users to create behavioural triggers based on different lending rates and periods to fully customise their lending period.

Once customers have entered their preferred settings, Lending Pro will use these settings and market conditions to automatically offer and extend lending in Bitfinex’s peer-to-peer marketplace.

Important Notes
Lending Pro is strictly an order routing system that implements offers and extensions of funding on a user's behalf in the peer-to-peer lending marketplace on Bitfinex. Lending Pro cannot evaluate a user's personal investment criteria and circumstances. Nothing in this post is financial, investment or other advice. Nothing in this post is an offer to borrow or lend or the solicitation, recommendation or endorsement of any course of borrowing or lending. Any references in this post to returns are only hypothetical and not guaranteed.

About Bitfinex
Founded in 2012, Bitfinex is a digital token trading platform offering state-of-the-art services for digital token traders and global liquidity providers. In addition to a suite of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer financing, an OTC market and financed trading for a wide selection of digital tokens. Bitfinex's strategy focuses on providing unparalleled support, tools, and innovation for experienced traders and liquidity providers around the world. Visit www.bitfinex.com to learn more.