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Author Topic: Loan for trading?  (Read 1456 times)
bitmarket.net
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May 12, 2016, 05:26:15 PM
 #21

Perhaps you should consider one of the exchanges offering the margin trading ?
In effect, trading on margin is borrowing bitcoins or fiat (depending on whether you buy or sell) from other people.

The exchanges are handling the borrowing and collateral process.

There are a few exchanges with margin trading, including bitmarket.net  Smiley

What about lenders - is there option to invest on your exchange? If so, what are the rates?
To be honest, lending via exchange brings risk of third part.. Wink

Yes, you can lend bitcoins to other traders through Bitmarket.net.
It is called swaps: https://www.bitmarket.net/swap.php?currency=BTC

The rate is determined by the market - the supply and demand for loans at any given time.

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BitcoinLoan (OP)
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May 12, 2016, 05:30:13 PM
 #22

Perhaps you should consider one of the exchanges offering the margin trading ?
In effect, trading on margin is borrowing bitcoins or fiat (depending on whether you buy or sell) from other people.

The exchanges are handling the borrowing and collateral process.

There are a few exchanges with margin trading, including bitmarket.net  Smiley

What about lenders - is there option to invest on your exchange? If so, what are the rates?
To be honest, lending via exchange brings risk of third part.. Wink

Yes, you can lend bitcoins to other traders through Bitmarket.net.
It is called swaps: https://www.bitmarket.net/swap.php?currency=BTC

The rate is determined by the market - the supply and demand for loans at any given time.

Thanks for all info.

Suppy and demand market is very fair. Definitely i will look into more closely.
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June 04, 2016, 01:01:21 AM
 #23

I think there are some there that is using loans to start up on trading and other stuff.Because maybe they have nothing to start with thats why they get loans to startup on trading.Well for me thats a good decision for them as long as the coin that they will be trading in will not drop and earn atleast 40% of their loan and pay the loan for the interest to be not too big.Thats a good decision for traders who want to start up but have nothing as long as they will pay

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June 04, 2016, 01:14:42 AM
 #24

Dont expect anyone to loan you this deal, unless the lender see a reputation you built overtime or something.

But a indiviual loan is hard as it is, if you dont have some collateral to work with.. you should just ask for a friend in real life or something.
What deal are you talking about?
Did you even read any of the posts in this thread?

OP is not looking to take a loan, he actually wants to start loaning coins himself.

@OP, If you want to start lending then simply create another thread advertising your business,  check out some of the other lenders threads to get an idea of how it's done here.

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June 04, 2016, 06:25:01 AM
 #25

I see more statements that people borrow money to trade. Is there anyone who actually did it? And he succeeded to repay as planned?

What was the amount, time, collateral?


Loan for trading purposes would be better to start with using the local currency and buying bitcoin which is far more better or if you have something over the net that is of great value and can be used to probably to make loans it would be possible.  But most of such loans need proper formal documenting to support both claims in the near future if ever it would be needed.  Loan amount depends on the assessment of the collateral's value 

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June 04, 2016, 11:22:29 AM
 #26

I would like to know if there are people who borrow Bitcoin, or want to borrow Bitcoin for trade?

I think borrow to trading is very risky because we do not know the market movement will come. Because if we want the price is not reached even our loss then we will find it hard to return the money. And keep in mind, trade with money that could be lost're ready. thank you
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June 04, 2016, 03:02:49 PM
 #27

i think its not good to take load for trading. i have never seen a person who is ready to give load for trading. and if there is such kind of person who will certainly claim a huge interest on it.
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June 04, 2016, 03:55:45 PM
 #28

i think its not good to take load for trading. i have never seen a person who is ready to give load for trading. and if there is such kind of person who will certainly claim a huge interest on it.


I am just a little confused the "d" key and the "n" key are not next to the other.  So I think that is really "load", Is there something that I had missed out?  so how it is gonna be not good?  

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June 04, 2016, 04:41:44 PM
 #29

many . many people are in need of it. if you intend to look for then you will get a hefty fee. use escrow to ensure your transactions.

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BitcoinLoan (OP)
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June 04, 2016, 09:39:01 PM
 #30


@OP, If you want to start lending then simply create another thread advertising your business,  check out some of the other lenders threads to get an idea of how it's done here.

Thanks for understanding and advice Wink

I'm still not ready to start with lending service (because of time and other project)

I open this thread to discuss about credit needs, to get some more informations about potential clients and so on.. and of course i'm watching lending sections very carefully Wink
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June 05, 2016, 04:12:07 AM
 #31

Have you checked out any of the bitcoin lending sites, like btcjam and loanbase?  You can be a lender or a borrower.

Lending can be tricky no matter where you do it, because there are so many scammers and people who don't know how to manage their money properly.

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June 05, 2016, 06:22:43 AM
 #32

many . many people are in need of it. if you intend to look for then you will get a hefty fee. use escrow to ensure your transactions.
what will escrow do in lending load. it is not an exchange. it is a one sided transection. i think escrow will not ready for such kind of exchange. its too risky.
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June 05, 2016, 06:25:55 AM
 #33

I would like to know if there are people who borrow Bitcoin, or want to borrow Bitcoin for trade?

Personally I'd rather take out loans for personal uses like buying something or to fill in for some BTC needed in a purchase.

Keep in mind that if people want to take out a loan for trading, they can easily do so through margin trading, or through loans on poloniex and other major altcoin exchanges. Them asking you means they probably haven't got valid collateral. Always beware of that.
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