need a loan to buy an android as a gift for my parents

[johnsaributua]

I have 110$ in my bybit account, and waiting for the splash token distribution event on bybit on the 21st-22nd of this month if the wait is too long, I have participated in 10 projects with 150$ buy and sell trades last week. If I sell my crypto, I will run out of funds for the event if there are any more until the distribution date, I only need 80$ to buy a simple cell phone as a small gift towards ramadan. For repayment I asked for 1 month ahead and repayment to be 95$, but if the distribution is faster and my funds are already in my hands, of course I will repay before the due date.

What is your advice sir? I am a first time borrower and would like to know the mechanics of borrowing, thank you.

[Wapfika]

What is your advice sir? I am a first time borrower and would like to know the mechanics of borrowing, thank you.

Provide a valid collateral such altcoin or BTC that will cover your loan value. We are all anonymous here so the Lender will need assurance that you will not runaway with your loan.

Since this is your first time borrowing money here, I doubt someone will lend you that amount. If you have other altcoins that still holding then use it as collateral to your loan. Never loan without any collateral here or else you might get tagged since your account still no history of loan and your reputation is not that strong here to have no collateral loan.

Having an active signature campaign might get you this loan.

[johnsaributua]

Provide a valid collateral such altcoin or BTC that will cover your loan value. We are all anonymous here so the Lender will need assurance that you will not runaway with your loan.

Since this is your first time borrowing money here, I doubt someone will lend you that amount. If you have other altcoins that still holding then use it as collateral to your loan. Never loan without any collateral here or else you might get tagged since your account still no history of loan and your reputation is not that strong here to have no collateral loan.

Having an active signature campaign might get you this loan.

Ok sir, how to pledge the altcoins? i withdrew my altcoins from bybit and signed in what wallet? if there is a thread explaining this, i would be grateful if you could let me know. I might come back if I get the siganture of the campaign for value added future submissions. I will be more patient to wait for the next 2 weeks for these needs because it is not urgent, I am just guessing sir. This lending is interesting, because even though it is anonymous, the smoothness and order is so good between the recipient and the lender. I am confused in the mega thread to discuss there because they are experts and professionals but I am curious.

[JeromeTash]

There are some pinned threads explaining what should be done and what should not be done if you are seeking a loan

Check this
1. The Rule of "No Collateral, No Loan" - IGNORE AT YOUR OWN RISK!
2. Lending Board Rules of Engagement - Attention Lenders and Borrowers

Since you are not so active here and past positive reputation record. Getting a no collateral loan will be hard. I suggest you just be patient until you get money to buy the gift. After all, it's not so urgent.

[johnsaributua]

Well thank you sir, you are all right because I just want to know your good response, I accept the advice and motivation because even though it is not easy I will try to find other alternatives and because my curiosity has been answered about lending, the purpose, purpose, mechanism has been answered well then I close the thread thank you, it's nice to get what I was looking for straight to the point, have a nice day.