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Title: okcoin lending insurance Post by: andy75 on July 31, 2015, 11:24:28 AM Hi ,
if any of you guys can share experience about insured lending at okcoin ? especially if your borrower defaulted , did the insurance cover your investment? also i was talking with okcoin support to get a better understanding of terms , at start they said insurance does not cover 100% then after i push harder they said it does cover 100% of investment except "force majeure" , this is a very broad term which can include basically anything , i can understand fire , earthquake and so on but since lately okcoin get DDOS on daily basis is it included? (i can foresee any exchange getting attacked by hackers). if you have an experience i would like to hear. thank you Title: Re: okcoin lending insurance Post by: Panadacoin on July 31, 2015, 08:23:50 PM Hi , if any of you guys can share experience about insured lending at okcoin ? especially if your borrower defaulted , did the insurance cover your investment? also i was talking with okcoin support to get a better understanding of terms , at start they said insurance does not cover 100% then after i push harder they said it does cover 100% of investment except "force majeure" , this is a very broad term which can include basically anything , i can understand fire , earthquake and so on but since lately okcoin get DDOS on daily basis is it included? (i can foresee any exchange getting attacked by hackers). if you have an experience i would like to hear. thank you Sorry I can't even sign up there. I tried a few months ago and they asked for my passport number. I do not even own a passport lol. Title: Re: okcoin lending insurance Post by: VirosaGITS on August 01, 2015, 12:04:57 AM I don't know OkCoin.
But i'll tell you what i know about lending here; You can make some steady profit and fairly fast profit depending on how you go about it. Imo you have to do it by taking a solid collateral. The guide suggest 110% of the value and something that you can sell fairly easily. Here is the Subforum; https://bitcointalk.org/index.php?board=65.0 Pay close attention to this guide; https://bitcointalk.org/index.php?topic=577765.0 |