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Bitcoin Forum > Economy > Marketplace > Lending > Need of 35$ loan, I can provide collateral of 1696940.29445717 SHIB
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Author Topic: Need of 35$ loan, I can provide collateral of 1696940.29445717 SHIB  (Read 171 times)
vtasev (OP)
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April 20, 2022, 08:31:35 AM
Last edit: April 20, 2022, 08:49:17 AM by vtasev
 #1
Greetings,
I need an urgent loan of 35$ loan in BTC or ETH, I can provide collateral of 1696940.29445717 SHIB / https://etherscan.io/token/0x95aD61b0a150d79219dCF64E1E6Cc01f0B64C4cE?a=0xE1FA0cBfc3B2EA65eF1c4023a9CA07FF069D41E5 /. I need the money for a week. I will give back 60$ back.
Here is screenshot of my ledger portfolio https://ibb.co/dgnCRRk


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April 20, 2022, 04:42:32 PM
Merited by NeuroticFish (1), BitMaxz (1), condoras (1)
 #2
With current gas fees, it will cost around $32 ETH in gas to make an ERC20 token transaction. Thus, your loan doesn't really make any sense for you or any lenders, as you would need the $32 to send the SHIB to a lender which you don't have.

If your goal is to trick a lender into sending the ETH for gas upfront and taking the ~$20 after fees as profit, I don't think that will work here  Tongue
taking a break - expect delayed responses
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