Hello. I just hope this is possible.
I have a total balance of $78,500 at Paycoinly. I don't want to sell the funds now cos I want to take advantage of their custom coin that would be launched by August. If I sell it now I might not be able to get that same value for the same amount. I was lucky to buy each dollar at $0.70 during the startup launch and now I can confidently sell for $1 or even $1.03 depending on the payment system.
What I need the funds for: I just want to store Bitcoin. I believe it would get to $15k in the next few weeks based on some analysis
Paycoinly funds can be converted to cash easily via their peer to peer funding and withdrawal system and it works just like, Perfect Money
Loan Amount: $50k
Payment method: Bitcoin
Duration: 2 Months
Collateral: Paycoinly funds
Collateral Amount: $78,500
Escrow Platform: Bitrated or Escrow.com
Repayment Percentage: Negotiable.
Thanks.
So, you think bitcoin is going to pump, and you want to use an unknown
shit stable coin as collateral? Why don't you just short your stablecoin?
Furthermore; Paycoinly's website was just created last August, what compelled you to invest $79k USD in an unknown venture?
Maybe I'm being overly suspicious, but I don't think you really expect to get a loan. I think you're shilling for this shitcoin.