Yes Quickseller this is acceptable.
Just to summarize I will repay .33 Btc on 6/15 correct? Send me the Ltc address and I will send collateral.
Yes that is correct, you will repay .33 BTC on or before June 15, 2015 (please see below)
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Hash: SHA512
This is quickseller from bitcointalk today is June 9 2015
Lender: quickseller
Borrower: Pathi
Loan amount: .3 BTC
Collateral to be held by lender: 60 LTC
LTC address to send collateral to: LeXHCydeCUEF2gYKBrgdQE8ioWWdAoD7KU
Repayment amount .33 BTC
Due Date June 16, 2015 (2359 GMT)
Repayment Address: 13eAKNRQDCx2Bk1kMfFYme5JzmcaVvzVbY
Address lender will fund loan to: 1Fv2PiMUeZQKGvguGJV43Ng9SSCYXH28KQ
In the event that the loan is not repaid by the due date then the entire amount of collateral will become the sole property of the lender. In the event the loan is repaid, the lender will promptly return the collateral to the LTC address of the borrower’s choice (minus a tx fee that will be paid to the network)
Thanks
QS
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