Auto lending your cryptocurrencies for compounding interest
Last revision: Apr 10, 2020After getting some interest from our Clients about earning interest on their crypto assets we decided to add this feature.
To achieve this we have created automated lending bots, which participate in markets such as Compound.
Automated crypto lending 99% of the time is lending money to margin traders who use leverage to trade and pay interest for borrowing money.
The cryptocurrency that is borrowed is backed by margin traders balance, which gets forcefully/programmatically liquidated if it gets below a certain threshold.
This ensures that the borrower will repay the debt, before going bankrupt if such scenario happens.
If you enable auto lending we will auto lend it on different platforms/exchanges.
Our requirements for lending platforms/exchanges:
- Passing our internal due dilligence
- Interest is guaranteed programmatically(forced liquidation or smart contract)
- Liquidity lock up is less than 72 hours
Currently supported auto lending coins: BTC, LTC, ETH, ETC, BCH, USDT, USDC, DAI
You can enable auto lending of your crypto assets by going to Account -> Information -> clicking on Enable, next to this feature.
Auto lending terms:
- Kaiserex charges 10% fee from received earnings
- Interest are deposited on 1st day of the month and on 15th
- If lent crypto balance is moved, no interest is paid for previous period(~15 days)
- If auto lending is enabled, lending starts with all available balances either from 1st or 15th day of the month
- Client may have to wait up to 3 days for withdrawal
- Client will receive a message each time interest deposit is credited
March lending performance:
Yearly % returns:
BTC - 1.63%
LTC - 0.77%
ETH - 1.24%
ETC - 1.78%
BCH - 0.54%
USDT - 1.34%
USDC - 0.76%
DAI - 4.89%
Risk disclosure
Kaiserex as a premium exchange looks for the best interest/risk ratio for auto lending opportunities in the market. Since we are forced to rely on other exchanges/platforms we do not take responsibility for their actions and conduct. In the event of partner exchange/platform hack/theft Kaiserex will provide proof of missing crypto and assist in legal action to try to recover missing assets. Kaiserex will not reimburse or pay for any losses incurred.
During our operations we do strict due diligence on exchanges/platforms. However our business nature forces us to use other companies which we have no control of and we have to hold part of our Clients’ money with them.
Frequently asked questions
General
Account
- How to verify my account?
- How can i change my account details?
- How can i close my account?
- How can i view my trading history?
Security
- How to enable 2nd factor authentication?
- What should i do if i lost my 2nd factor authenticator?
- 2nd factor authenticator troubleshooting
- How to securely store your currencies on your own?
- How we secure your assets?
- How to enable PGP or GPG email encryption?
Trading
- How to start trading?
- Supported cryptocurrencies and trading pairs
- How can I buy or sell cryptocurrencies?
- What are the fees for buying and selling?
- How are orders processed?
- How to cancel an order?
Deposits & Withdrawals
- How to do a bank deposit?
- How to deposit bitcoin?
- How to deposit altcoins?
- How to withdraw cryptocurrencies?
- How to withdraw to bank?
- Estimated withdrawal time
- Estimated deposit time
Other information