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  1. Bitfinex Lending Robot Service

Bitfinex Lending Robot Professional Mode Guide

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Last updated 2 years ago

Lubi Bitfinex lending robot, in professional mode, will be based on users.

  1. How to choose the professional mode?

On the "Bitfinex Lending Arbitrage" page, select "Bitfinex Intelligent Lending Robot Settings", select "Pro Mode", complete the required parameter settings, and click the button "Save and Apply".

Max Loan Amount:The total amount allowed for borrowing is subject to the minimum borrowing amount of the exchange, which must not be less than 150 USD. At the same time, the maximum amount in the Bitfinex funding wallet must not be exceeded.

Specify the number of grids we would allocate our total loan in:The loan amount is allowed to be placed in pending orders according to the set number. Loaning in multiple amounts will significantly increase the success rate of borrowing and reduce the idle time of idle funds.

Min APR:The minimum annualization allowed for lending, below which the robot will not place pending orders.

Max APR:The maximum annualization allowed for lending, above this annualization, the robot will not place pending orders.

APR threshold for period 30 days offers:If the interest rate is higher than the set value, the pending order will allow more than 30 days to lend.

APR threshold for period 2 days offers:If the interest rate is lower than the set value, this pending order allows the lending time to be 2 days.

2.Start Professional Mode

For example, after completing the "Professional Mode" setting, in the Bitfinex lending robot console, the current lending mode is displayed as "smart mode", just press the monitoring button "on", the robot will be turned on.

Stop On Closed:

Open status: After each loan expires, no more lending will be made, and the robot will automatically stop until all loans expire.

Closed state: After each loan expires, the robot will match and calculate the best interest rate based on the current interest rate, and lend again.

Status:

Running: Indicates that the current robot is running normally

Abnormal stop: There is a problem with the current robot operation, and it needs to be checked and restarted.