Bitcoin Forum

Hi I want to use escrow to lend or trade with someone.I don't know much about escrow.
For lending ,I want to earn some interest but as escrow service charge some fee than how I will earn some profit.I want to lend some small btc like 0.04 or0.06.
If u suggest me any active escrow service.

No one will borrow your bitcoin and ask you to send the bitcoin to the escrow's address, as that would mean the borrower won't be able to use the bitcoin at all.

On the other hand, you may ask for some collateral from the borrower for the loan, and the borrower could ask the escrow to hold the collateral.

Escrow lists: https://bitcointalk.org/index.php?topic=276897.0 or https://bitcointalk.org/index.php?topic=108716.0

Those two lists of escrow ( I think) are no more updated ;)

The former list was last updated in Aug 2014, while the latter one was last updated in July 2014.
While the two lists are not very up to date (eg. John K was still ranked number 1), the lists still provide some good overview for escrows. :)

Be careful on lending without collateral as mentioned.  If you loan someone bitcoin it not something you can take back if they fail on their promises.

Popular forms of collateral a lot of times is alt coins.   You do still take a risk they default but hopefully with the deposit you dont lose it all.  

I also suggest reading scam board to get a idea of some situations you can avoid.

If you want escrow service the most active I've seen is

1. monbux
2. dabs
3. redsn0w
4. devthedev
5. escrow.ms

Loans of BTC using alt coins as collateral seem odd to me. Instead of providing alt coins as collateral, couldn't the borrower just sell the alt coins for BTC? It only takes a few minutes.

The reason is there is only so many virtual things you can trade of value.   When someone uses alt coins they believe that coin will go up is why they don't lose profits.

Loaning is hard if you read scams sadly when someone defaults its hard to get money.   

30% monthly profit
PM if you have interest  ;D

There are several members on here who escrow with no fees, you do need to be careful as there are lots of snakes on the lending sub. Would advise you have a long read of https://bitcointalk.org/index.php?board=83.0 to keep up to date on the latest scams.

30% a month? So you have a way to multiply your bitcoin 23 times within a year?
I highly doubt that...to the very least, it must involve a huge risk.

If he is loaning to high risk people i could see it possibly.  But definitely is more of a payday loan rate, not a long term rate.

High risk lending makes less than 10% (not 30%) because of the high default rate (that's why it is called "high risk"). 30% a month is a scam.

It is just like those HYIP offering 3% a day. There is no way you can get such a high return rate, and it is guaranteed to become a scam.

theres always btc jam?

careful with lending there are too many scammers. always check profile and history to see their rep, or if they had any bad reps.

yes do not ignore rep. or you will be screwed.

According to on-site statistics https://btcjam.com/stats, it is not a good idea to lend your bitcoin to borrowers with grade C or below.:)

Read scams even some good ones on btcjam default.  With any loan is possibility to default.

Never loan more then you can lose.  I would not invest all your coins in loaning espically to one person.

Exactly.
Don't risk more than you can lose, just like in gambling or trading.
Diversify the risk by lending your bitcoin to a dozen of different persons.
Be careful with people that try to build trust by making small loans and soon asking for much larger loans.

check the exchange on this forum, use escrow.