I want to take 500 waves coin for collateral of 62.5 BNB.
I'll return the amount in 2 weeks, like on 20 Nov.
P.S.
Since I'm noob to this, what is the repayment rate and all?
The total price of your collateral and loan amount is almost same. But collateral should be about 110% or 120% of the loan amount. interest rate is vary 3-20%. Even interest rate might be more or less.
If I were you then I could convert bnb to waves. Its because in the meantime you have to bear interest, transaction fees. You may say BNB price may increase in the same time Waves price can be increased too. Decision is upto you.
So I'm ready to collateral 68 BNB! I'm even giving good interest rate of annual 48%.
Is that good?
I don't want to risk my BNB... That's why I want loan... BNB in the past has run up 15-20% without others alts moving an inch.
New Offer
Want #LOAN of 500 #Waves
Collateral 68 #BNB
Repay Period 2 Weeks
Will payback 510 #Waves; AROI 48%
