Bitcoin Forum

Economy => Lending => Topic started by: a29654 on January 26, 2018, 09:06:04 AM



Title: New a USD pegged btc loan
Post by: a29654 on January 26, 2018, 09:06:04 AM
I need about 13k usd in btc. Interest and principal will be paid in btc pegged to a usd amount.

Example: I borrow 10k from you with 5% interest I will pay you $500 usd in btc.

Comment here what your terms are, loan length, interest etc

I do have collateral, either WAVES or ethorse


Title: Re: New a USD pegged btc loan
Post by: Hatcher on January 26, 2018, 10:09:38 AM
It's interesting, and I've settled on a way to make this work for someone like me who wants to stay in BTC. I will margin long the amount that I am loaning you on Bitfinex, and that's also the price we'll use to determine what you'll be paying back. That way I'll be protected if the price increases and you would be returning less BTC than I loaned you. Interest would be .4% a day (considering the USD that I'm borrowing on the margin long position fluctuates between .03 - .08% a day, and generally I would like a little over .3% a day to make 10% a month), you must borrow for at least 1 week (since I have to pay trading fees to do this), but as long as your collateral holds up there is no limit for how long you can hold on to the loan.


Title: Re: New a USD pegged btc loan
Post by: Crypto Capital on January 27, 2018, 06:29:30 PM
I can do this loan. Hit me up on telegram @cryptocapitalloans. Totally cool with you putting the collateral with someone you trust or whatever we got to do to make the deal happen. Pegging to USD is also great for me.


Title: Re: New a USD pegged btc loan
Post by: zazarb on January 27, 2018, 10:34:43 PM
for what period you asking loan, do you will accept usdt(tether) ?


Title: Re: New a USD pegged btc loan
Post by: a29654 on January 30, 2018, 03:36:24 AM
for what period you asking loan, do you will accept usdt(tether) ?

1-4 months. Yes, I'll take tether


Title: Re: New a USD pegged btc loan
Post by: alia on January 30, 2018, 05:00:23 AM
I can fill this loan for you for as long as you need. As many months as required.

My interest rate is 0.1% daily, non-compounded. I don't mind the interest being paid in USD terms, but I'd like the BTC amount returned to be the same, if you don't mind.