loanrequest

[mallorcagold]

Just for info,

i have a iqchain.com account with 1829 ORME tokens in escrow which i can only cashout in november.
Can i use This account as collateral.

1 ORME eaquals 0.26$ 
Total value of escrowed amount +- 475$

I need a loan of approx. 250$ and iqchain.com account log in details can be hand over as collareral.

I dont know This can be done so i am asking upfront before applying for a loan request.

[1714204444]

1714204444

[Joel_Jantsen]

Just for info,

i have a iqchain.com account with 1829 ORME tokens in escrow which i can only cashout in november.
Can i use This account as collateral.

1 ORME eaquals 0.26$ 
Total value of escrowed amount +- 475$

I need a loan of approx. 250$ and iqchain.com account log in details can be hand over as collareral.

I dont know This can be done so i am asking upfront before applying for a loan request.

1. Digital accounts cannot be/shouldn't be used as a collateral. Your case is even worse since you don't have access to the funds inside that account yet.
2. By November, do you think your tokens would be of the same value as they're now? Highly doubtable.
3. I don't think your collateral is legit so use something that has a value right now and can be traded.

[mallorcagold]

Just for info,

i have a iqchain.com account with 1829 ORME tokens in escrow which i can only cashout in november.
Can i use This account as collateral.

1 ORME eaquals 0.26$ 
Total value of escrowed amount +- 475$

I need a loan of approx. 250$ and iqchain.com account log in details can be hand over as collareral.

I dont know This can be done so i am asking upfront before applying for a loan request.

1. Digital accounts cannot be/shouldn't be used as a collateral. Your case is even worse since you don't have access to the funds inside that account yet.
2. By November, do you think your tokens would be of the same value as they're now? Highly doubtable.
3. I don't think your collateral is legit so use something that has a value right now and can be traded.

Thx for the reply. Then i know i cant use that as collateral.
And as you say. Never know iT keep its value by november when escrowed coins get cleared.

[condoras]

Thx for the reply. Then i know i cant use that as collateral.
And as you say. Never know iT keep its value by november when escrowed coins get cleared.

So now that you know this offer something else or even better, lock your thread.