Have alts that aren't leveraged?
How p2p Lending Works for Margin Trading
Get a loan by using the alt as collateral, and receive your loan request, using that loan amount buy that alt sell it for higher and pay back the loan.
Reasons why to use this service:
- Get lended to use some extra margin to earn more on coins
Requirements Before requesting a loan:
- Coin must be listed on Binance/Bittrex
- Coin must have at least 40 btc daily volume
- Collateral must be 110% for coins with over 500 btc volume.
- Collateral must be 125% for coins with less than 500 btc volume.
- Maximum Loan Request is 1 BTC
LENDING RATES:
- 0.05-0.1 BTC = 0.2% per day
- 0.1-0.5 BTC = 0.15% per day
- 0.5-1 BTC = 0.1% per day
MAXIMUM LOAN PERIOD IS 20 DAYS
NOTE: if the collateral value drops to 102% a stop loss will immediately be filled and your loan will be ended. You can add more collateral if you wish
Loan Request Form:
Code:
Amount of BTC:
Collateral Coin:
Address to send:
Date to give back:
Collateral Coin:
Address to send:
Date to give back:
Collateral can only be altcoins. No accounts!!