I can lend you coins using litecoin as collateral at 120% of the loan amount, where I will cash out the litecoin if the value reaches 105% of the loaned amount. Please let me know how much btc your looking for and we can set something up.
Thanks,
DebitMe
Thanks,
DebitMe
As OP pointed out, 11.5% is the annual interest he might give. His 10-day interest (the maximum amount of time before he returns it) is 0.315 percent . The reason of the quote is you'll accumulate 5% after almost 6 months.
I don't see a reason why you guys are getting hyped about the 120% collateral as it's obvious you'll get in return a rather poor interest. I know making sure your money is safe is a priority but you'll get close to nothing if the loan doesn't default.
Good luck to OP though, seems to have a way with words.