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Loan request USD backed by cryptos
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Topic: Loan request USD backed by cryptos (Read 203 times)
arcathomas
(OP)
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Loan request USD backed by cryptos
August 03, 2019, 02:10:11 AM
#1
Hello for personal reasons i need fiat but i don't want to sell my cryptos, so i would like to take a loan of $500 USD worth of stablecoins (USDt, DAI, ...) for 2 months.
I can provide $500 worth of BTC/ETH as a collateral.
DarkStar_
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Re: Loan request USD backed by cryptos
August 03, 2019, 03:29:25 AM
#2
You're going to need around 130% collateral, so $650 worth of BTC/ETH at the minimum. If you only give $500 worth of BTC/ETH, you basically get a risk free trade and either 'sell' your collateral at today's rate in two months, or 'buy' your collateral at today's rate in two months, depending on how the market moves.
taking a break - expect delayed responses
Parodium
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DMs have been disabled. I am busy.
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Re: Loan request USD backed by cryptos
August 03, 2019, 11:47:34 AM
#3
I can provide this loan at 130% collateral,
Interest rate is 5% per month, hence 10% in 2 months.
jbdee
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Re: Loan request USD backed by cryptos
August 03, 2019, 01:57:25 PM
#4
Hi, I can accept this loan, 120% collateral, 5% per month, here more details:
https://bitcointalk.org/index.php?topic=5146331.0
In french:
https://bitcointalk.org/index.php?topic=5146528.0
Low rates loans for everyone!
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