Bitcoin Forum

I will like to take a bitcoin loan, but yet to find a site or place to get one or at least try. Anyone knows any? Please be kind to drop here. Thanks

You can do it here, but you would need a valid collateral in order to get a loan. Please note that newbies asking for a loan without collateral will be negged. Check: lending section (https://bitcointalk.org/index.php?board=65.0)

The cryptocurrency lending sites I know are either out of business or working in a unreliable business model. I say, it'd be best to try the IRL options first before leaning to cryptos.

Recently a Canadian bank started offering loans in BTC so if you're Canadian you could be in luck. Either way I would advise against it, more often than not you're going to face unfavorable conditions on any loan in BTC compared to in FIAT and so you'd be better of just taking out a FIAT loan and buying BTC.

It seems to me now is not the time to take a loan in cryptocurrency. It is difficult to calculate the amount with such market instability.

many exchange sites lend bitcoin to lending programs, but you have to have btc as collateral, maybe you will have trouble finding an unsecured bitcoin loan

I guess there is no bitcoin loan which allow you to borrow some bitcoin and then once you pay there are some interest. I do not have link or site about bitcoin loan and I guess its hard to believe that there will be bitcoin loan and as a matter of fact bitcoin is very expensive.

you should ask them straight, they will answer their present status about allowing BTC loans.

Try to search in internet if there is a site who give bitcoin loan because I do not have any idea about bitcoin and I do not if there is bitcoin loan. Do you think it is possible to have bitcoin loan which you do not know who is the user or the people who will loan and where you can find him/her once they not paid you. Do you think there is bitcoin loan?

I've seen the bitcoin loan button on the coinmarketcap site called Nexo. maybe it's a bitcoin loan site. I have opened their site but I have never made a loan there. maybe you can try it. https://nexo.io/?utm_source=CMC_Button_Listing&utm_campaign=CMC_Button_Listing

They still give out loans on this forum AFAIK as long as you have the right collateral, they will approve your loans fast. Idk if BTCJam is still handing out loans but the last time I heard of them was 2017, and I don't know if their operations cease to exist by now. Just keep in mind that you need to at least have a valuable collateral in case you cannot pay for the loan or you have defaulted on the loan out of your own terms or reasons. No one will trust you if you don't have your collateral.

There is this German bank called Bitbond  (https://www.bitbond.com/)that allows international loans which the mode of transfer is though a Bitcoin payment. I never acquired their services but I discovered this to be a trustworthy one because I discovered this when I was reading an article (https://www.reuters.com/article/us-germany-bitcoin/german-online-bank-uses-bitcoins-to-transfer-loans-idUSKBN1ID07Y) in Reuters and it is pretty innovative that a bank service such as this one exist and besides Reuters it is recognized by Forbes, NASDAQ, and Bloomberg so I think you can be comfortable asking for a loan from them. Just remember that they are still a bank and the standard loan process as well as KYC still applies. You can check their guide for the Bitcoin loan here (https://www.bitbond.com/resources/bitcoin-loan).

I don't think there is a site that provides loans to lend BTC to everyone, it has a considerable risk and certainly there will be fraud or loan mode using people's identities, I used to play Bitcoin never heard of sites to lend someone BTC, so that's very impossible !!

Yes they give btc loan. You can lend some btc loan on this forum. There are many lending service in this forum. You can take loan from them. You go to market place section and then go to lending section. There you can find lending service post.

But If you have collateral then you can take loan otherwise not. Collateral must be needed for any loan. You must have a valid collateral like some other altcoin or token. You can use erc29 token as a collateral. But if you are a reputated member then you can take loan without collateral.

Best regards
Coin-Desk

Let us not judge him to quickly we don't even know his real intentions are for the loan, I mean he is really just looking for a website/service after all. He is not asking for any kind of loopholes on how he can get away from not paying back the money he borrowed and he is also not asking for a loan from anyone around here in the forum so I don't get why you are blaming him from posting this valid query. Is it because of his rank that makes him suspicious on why he is asking out for a loan?

I think that in the forum marketplace you may have some luck, but you're going to need a trusted user that guarantees for you or at least some mod that serves as a scrow, of course for a reasonable fee, personally, it's worth the peace of mind that gives an intermediary to secure your loan.

Inside this forum has a section where you can barrow some bitcoin but with interest.

Why do you need a loan in Bitcoin? You will have to pay the same amount in Bitcoin plus commission and interest.

Are you a trader? Where do you get a return guarantee?

You can really see bitcoin lending in this forum and aside from that we all now some people already lend some bitcoin in this forum. I do not have any experience in bitcoin lending but aside from lending bitcoin in this forum you can check other website that provide bitcoin lending.

you should check this section in this forum for lending BTC
https://bitcointalk.org/index.php?board=65.0

If you want Bitcoins, asking a loan isn't the way due to my best opinion. If you don't have valid collateral, you'll need to provide lender a copy of your genome  ;D. Getting a Bitcoin loan is that much hard, don't waste your time. Covert fiat you've into BTC via local exchanger or even of you don't have fiat, but, you've an awesome idea, ask a loan from your family or friend and convert to Bitcoins.

It is easier to loan on fiat then used it to buy bitcoin rather than getting a loan with bitcoin directly. It is up to a person how to handle it and where to use it but for it is better that you lend from where you know how it process you sure for the payment system of it. I am working to earn because I do not have any collateral for paying.