Bitcoin Forum

Economy => Lending => Topic started by: fadytag040 on June 20, 2016, 07:17:22 AM



Title: bitcoin loans
Post by: fadytag040 on June 20, 2016, 07:17:22 AM
i want to get bitcoin loans but the problem is Collateral

are i can use a new coin as Collateral
if new coin add to this platform https://bter.com/
are i can use it as Collateral


Title: Re: bitcoin loans
Post by: mocacinno on June 20, 2016, 07:24:21 AM
i want to get bitcoin loans but the problem is Collateral

are i can use a new coin as Collateral
if new coin add to this platform https://bter.com/
are i can use it as Collateral

Depends on the lender i suppose.
Stable altcoins can be used as collateral, as long as they can easily be sold. The definition of "stable" might differ from lender to lender... If the coin is really new, low volume, fluctuating price, i think the chance is pretty small tough.


Title: Re: bitcoin loans
Post by: fadytag040 on June 20, 2016, 07:32:30 AM
i want to get bitcoin loans but the problem is Collateral

are i can use a new coin as Collateral
if new coin add to this platform https://bter.com/
are i can use it as Collateral

Depends on the lender i suppose.
Stable altcoins can be used as collateral, as long as they can easily be sold. The definition of "stable" might differ from lender to lender... If the coin is really new, low volume, fluctuating price, i think the chance is pretty small tough.

yes i know but are i can use it or no


Title: Re: bitcoin loans
Post by: mocacinno on June 20, 2016, 07:35:50 AM
i want to get bitcoin loans but the problem is Collateral

are i can use a new coin as Collateral
if new coin add to this platform https://bter.com/
are i can use it as Collateral

Depends on the lender i suppose.
Stable altcoins can be used as collateral, as long as they can easily be sold. The definition of "stable" might differ from lender to lender... If the coin is really new, low volume, fluctuating price, i think the chance is pretty small tough.

yes i know but are i can use it or no

The ONLY way of knowing this is to ask for a loan and clearly state which altcoin and how much of this altcoin you'll give as collateral.
If a lender sees your post, he can either accept or deny.

It's completely impossible to answer "yes", "no" or even "maybe" to your question since you didn't indicate which altcoin you wanted to use, and how much you wanted to loan.
If you want us to say if it's possible or impossible, you'll have to say which altcoin at very least.


Title: Re: bitcoin loans
Post by: BitcoinLoan on June 20, 2016, 02:42:53 PM
i want to get bitcoin loans but the problem is Collateral

are i can use a new coin as Collateral
if new coin add to this platform https://bter.com/
are i can use it as Collateral

First you have to tell us basic things:

Loan amount?
When you can repaid?
Interest (% or amount)
Name and amount of "new coin" - collateral


Title: Re: bitcoin loans
Post by: knightkon on June 21, 2016, 01:58:06 AM
i want to get bitcoin loans but the problem is Collateral

are i can use a new coin as Collateral
if new coin add to this platform https://bter.com/
are i can use it as Collateral

First you have to tell us basic things:

Loan amount?
When you can repaid?
Interest (% or amount)
Name and amount of "new coin" - collateral

This statement above is the truth.  Beware though, some people may leave (-) trust if you are a newbie asking for a loan with no Valid collateral as stated in the thread for collateral. 
https://bitcointalk.org/index.php?topic=577765.0 (https://bitcointalk.org/index.php?topic=577765.0)
If you are wondering if somethign could be used as collateral, you may want to ask a loan provider in a PM.  DO NOT PM US LOAN PROVIDERS ASKING FOR A LOAN, PM us and ask if we will take your collateral for a specific loan amount.  If we will, we will normally ask you to post in our threads for loans and this keeps the loan information public.  Just some helpful advise.