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Author Topic: URGENT ! Need 0.025 loan with collateral provided  (Read 330 times)
TrissMerigold (OP)
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July 01, 2017, 07:59:45 AM
 #1

Loan amount: 0.025 BTC
Reason for taking loan: buy domain , web buildings + other stuffs + college stuff
Amount to be repaid: 0.03 BTC
Repayment date: on or before July 15th, 2017
Type of collateral: 3000 XFC coin , on pre ICO 1 XFC Worth 1200 satoshi + also i got few idice token but distribution not started yet
Bitcoin address: 179sWBufH82qgemFDz8RxzjQJ4WQWm9ttZ

please i will repay asap if i got funds from offline work ..really need it right now , Thank You

Atomicat
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July 01, 2017, 10:31:14 AM
 #2

Type of collateral: 3000 XFC coin , on pre ICO 1 XFC Worth 1200 satoshi + also i got few idice token but distribution not started yet
Is that coin listed on any exchange where I can sell them in case of a default?
If the price is as you say your collateral should cover this loan but it needs to be on an exchange so it can be liquidated if you default.
TrissMerigold (OP)
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July 01, 2017, 10:46:43 AM
 #3

Type of collateral: 3000 XFC coin , on pre ICO 1 XFC Worth 1200 satoshi + also i got few idice token but distribution not started yet
Is that coin listed on any exchange where I can sell them in case of a default?
If the price is as you say your collateral should cover this loan but it needs to be on an exchange so it can be liquidated if you default.

Hello thanks for response ..currently devs is working about exchanges , but they say it will be very soon to be listed , probably enough time if i go default

Starlightbreaker
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July 01, 2017, 01:22:59 PM
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Type of collateral: 3000 XFC coin , on pre ICO 1 XFC Worth 1200 satoshi + also i got few idice token but distribution not started yet
Is that coin listed on any exchange where I can sell them in case of a default?
If the price is as you say your collateral should cover this loan but it needs to be on an exchange so it can be liquidated if you default.

Hello thanks for response ..currently devs is working about exchanges , but they say it will be very soon to be listed , probably enough time if i go default

Atm XFC can be used only in-game and not to pump/dump at exchangers.
So even if you use it as collateral, is not consider as a valid one. I would say that this is more a sale and not a loan request.

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