Can I offer Lending with my current rank? - page 2.

subSTRATA

legendary

Activity: 1288

Merit: 1043

:^)

probably not the right section, but rank doesnt matter as youre not giving your account as collateral or anything; you might get some people trying to take advantage of what may seem to be inexperience though.

Rmcdermott927

legendary

Activity: 2254

Merit: 1140

Yes, lending does not require rank. Borrowing by newbies without collateral is frowned upon. Just be careful-!

Herbert2020

legendary

Activity: 1946

Merit: 1137

Quote from: jacee on July 09, 2015, 07:59:49 PM

I just turned member yesterday but I have been in this forum since last year ( my old account was scammed).

I was wondering if lending others my bitcoins will work in my current rank or not?

I mostly spend my whole day here in bitcointalk and online and I'm tired of the ponzis and hyip scams where I loose all my bitcoins before. I can't join any bitcoin lending site like btcjam because they won't verify my account with the ID that I provide so I'm trying my luck in here.

Any suggestion?

sure you can. you could do it even when you were newbie or brand new account.
you should use an Escrow for your lendings. so it does not matter if anybody needs to trust you or not because all is going through an Escrow

Hexcoin

hero member

Activity: 504

Merit: 500

Quote from: jacee on July 09, 2015, 08:13:06 PM

Quote from: notlist3d on July 09, 2015, 08:07:23 PM

Quote from: jacee on July 09, 2015, 07:59:49 PM

I just turned member yesterday but I have been in this forum since last year ( my old account was scammed).

I was wondering if lending others my bitcoins will work in my current rank or not?

I mostly spend my whole day here in bitcointalk and online and I'm tired of the ponzis and hyip scams where I loose all my bitcoins before. I can't join any bitcoin lending site like btcjam because they won't verify my account with the ID that I provide so I'm trying my luck in here.

Any suggestion?

Yes you can lend to others at any rank. There is an entire forum that is for lending. Most things are to stop new people from getting loans, nothing really to stop them from giving them.

I suggest you think twice before going into it though. It's a very high risk area. If someone defaults and you have no collateral from them chances of getting it back is slim.

I see, thank you for responding. I know very well how these things wirks for scammers so yea thank you for your reminder, I will secure any transactions and I will not spend that much in lending.

if you are just starting lending, it is advisable for you that always ask for collateral even the amount is only low but its up to you if you want to give no collateral loans to a high rank member

jacee

legendary

Activity: 1302

Merit: 1025

Quote from: notlist3d on July 09, 2015, 08:07:23 PM

Quote from: jacee on July 09, 2015, 07:59:49 PM

I just turned member yesterday but I have been in this forum since last year ( my old account was scammed).

I was wondering if lending others my bitcoins will work in my current rank or not?

I mostly spend my whole day here in bitcointalk and online and I'm tired of the ponzis and hyip scams where I loose all my bitcoins before. I can't join any bitcoin lending site like btcjam because they won't verify my account with the ID that I provide so I'm trying my luck in here.

Any suggestion?

Yes you can lend to others at any rank. There is an entire forum that is for lending. Most things are to stop new people from getting loans, nothing really to stop them from giving them.

I suggest you think twice before going into it though. It's a very high risk area. If someone defaults and you have no collateral from them chances of getting it back is slim.

I see, thank you for responding. I know very well how these things wirks for scammers so yea thank you for your reminder, I will secure any transactions and I will not spend that much in lending.

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: jacee on July 09, 2015, 07:59:49 PM

I just turned member yesterday but I have been in this forum since last year ( my old account was scammed).

I was wondering if lending others my bitcoins will work in my current rank or not?

I mostly spend my whole day here in bitcointalk and online and I'm tired of the ponzis and hyip scams where I loose all my bitcoins before. I can't join any bitcoin lending site like btcjam because they won't verify my account with the ID that I provide so I'm trying my luck in here.

Any suggestion?

Yes you can lend to others at any rank. There is an entire forum that is for lending. Most things are to stop new people from getting loans, nothing really to stop them from giving them.

I suggest you think twice before going into it though. It's a very high risk area. If someone defaults and you have no collateral from them chances of getting it back is slim.

jacee

legendary

Activity: 1302

Merit: 1025

I just turned member yesterday but I have been in this forum since last year ( my old account was scammed).

I was wondering if lending others my bitcoins will work in my current rank or not?

I mostly spend my whole day here in bitcointalk and online and I'm tired of the ponzis and hyip scams where I loose all my bitcoins before. I can't join any bitcoin lending site like btcjam because they won't verify my account with the ID that I provide so I'm trying my luck in here.

Any suggestion?

Topic: Can I offer Lending with my current rank? - page 2. (Read 1426 times)