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Best lending solution?
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Topic: Best lending solution? (Read 264 times)
Kanzebo
(OP)
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Best lending solution?
December 01, 2017, 01:35:16 AM
#1
Hi all guys,
first of all excuse me if this isn't the right section to post my question.
As the title say, can someone more experienced than me on lending point me out which is be best solution (site or bot) to start in this world?
Any suggestion is appreciated
Thanks
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lite
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Re: Best lending solution?
December 01, 2017, 09:35:50 AM
#2
Quote from: Kanzebo on December 01, 2017, 01:35:16 AM
Hi all guys,
first of all excuse me if this isn't the right section to post my question.
As the title say, can someone more experienced than me on lending point me out which is be best solution (site or bot) to start in this world?
Any suggestion is appreciated
Thanks
You can start here in bct. try the lending section(
https://bitcointalk.org/index.php?board=65.0
).
phreakk
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Re: Best lending solution?
December 01, 2017, 09:46:38 AM
#3
Quote from: Kanzebo on December 01, 2017, 01:35:16 AM
Hi all guys,
first of all excuse me if this isn't the right section to post my question.
As the title say, can someone more experienced than me on lending point me out which is be best solution (site or bot) to start in this world?
Any suggestion is appreciated
Thanks
There are multiple exchanges/lending sites that offer their lending services. There are also multiple Ponzi scams that you can lend money to, like Bitconnect.
I would recommend our own
lending section on Bitcointalk
though... It's safe, as long as you demand collateral for every loan you give to people. As long as you have a collateral that is worth about 20%+ more than the loan and it's not something the loan-taker wants to sell, you should be fine.
As you're new, there's probably no one that would trust you with collateral in your own hands, so you'll probably have to use an escrow for the first few trades.
Lending Section
Whatever you do, do not trust Poloniex with your funds. They're crap and should not be trusted. Although you could've made some serious profits there if you lend out money there, it's not safe.
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Kanzebo
(OP)
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Re: Best lending solution?
December 02, 2017, 12:12:02 AM
#4
Thanks guys, really appreciated, I give a look on the lendig section!
MinerHQ
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Activity: 1456
Merit: 1023
Re: Best lending solution?
December 02, 2017, 12:18:06 AM
#5
Quote from: phreakk on December 01, 2017, 09:46:38 AM
Whatever you do, do not trust Poloniex with your funds. They're crap and should not be trusted. Although you could've made some serious profits there if you lend out money there, it's not safe.
Yes, in this crypto lending business you shouldn't lend money to anyone without any collateral which you or escrow can't control. Some sites allow people to lend based on only ID verification but many people fake them and finally, losers will be lenders. So OP can start your lending business on this forum and ask some escrows help to hold the collaterals.
sharkvn
Member
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Activity: 62
Merit: 10
Re: Best lending solution?
December 02, 2017, 01:29:59 AM
#6
To choose a good lending project you should research and analyze the project carefully before investing. Take a look at the project you want to go long or short term, the project has built the community and is intended to major commercial sites. In the end you should not invest too much
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