Getting started with LendPace: connect, verify and start lending

Start with an eligible exchange account, connect a dedicated API key, then start lending explicitly. Saving a key starts an eligible account’s trial; it does not start the bot.

Prepare the exchange account

Complete the exchange’s verification and confirm lending is available in your region. For Bitfinex, put lendable funds in the Funding Wallet. Its published minimum offer is USD 150 equivalent; the bot’s currency-specific minimum must also be met. A total account balance can include funds that are unavailable for lending.

Decide how much you can leave lent out and for how long. A lender cannot recall an active Bitfinex loan whenever they wish. Keep money needed for near-term expenses outside that commitment.

Connect and verify

Use the website’s sign-in options to create or access your account.
Create a dedicated Bitfinex key with Account History and Wallets read access, plus Margin Funding read/write. Keep Wallets write and Withdrawals disabled.
Save the key in account settings. Never put the Secret in a support message or screenshot.
Test the connection, then enable the key. A successful connection check is not proof that every subsequent lending operation will succeed.

An eligible account receives a 14-day Basic trial when its first lending API key is saved, even if verification has not succeeded. It is available once per account and does not apply to accounts with an active subscription. Prepare the exchange and funds before saving the key.

Choose a currency and start

In My Lending, select the exchange, currency, limits and strategy. High Yield seeks more favorable quotes; Quick Fill favors more competitive quotes and shorter waits. Neither guarantees a fill or profit. Switching the currency shown on screen does not start or stop its bot.

Start explicitly and check execution records. Running, offered and lent are different states. Only funds actually borrowed earn lending interest under the exchange’s rules. A delay in the first fill is not necessarily a setup failure.

Verify the first lending cycle

Compare currency, amount, fill rate, duration and interest with the exchange in lending records. Observe an offer, fill, repayment and subsequent offer before increasing the amount.

Stopping prevents further automated activity and attempts to handle outstanding offers. Cancellation or redemption can fail, so confirm the exchange state afterward. Active Bitfinex loans continue until repayment or expiry.

FAQ

Must I pay before trying it?

Eligible accounts can use the 14-day Basic trial. Check the current pricing and subscription state before continuing afterward. Exchange interest fees and the LendPace subscription are separate costs.

Does LendPace hold my money?

LendPace manages lending through API access without holding your assets. The exchange still holds them. Restricted permissions reduce the permitted actions, but do not eliminate exchange, API or liquidity risk.