About I am offering loans up to 0.1 BTC, no questions asked.
Highly trusted members can loan
up to 0.02 BTC without collateral ( Just need a signed message from your staked address to verify its you and as proof of loan).
Requests from newbies are welcome.
I accept well-traded and stable altcoins as collateral, however I may make an exception if you have something unique/interesting to offer as collateral.
Rates and fees:* On loan amount less than 0.02 BTC, you will have to cover ALL transaction fees.
* By default I use estimatefee.com to calculate the fee to send with so the transaction is estimated "To confirm within 6 blocks ( ~60 min)"*If the Bitcoin network is heavily congested and you loan amount is less than 0.02BTC, you have to cover all transaction fees.
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| Tenors | | | Total Interest % |
| 0 - 1 days | | | 5% |
| 2 - 5 days | | | 7% |
| 6 - 8 days | | | 9% |
| 9 - 11 days | | | 12% |
| 12 - 15 days | | | 15% |
| 16 - 21 days | | | 18% |
| For each days after max loan period | | | +5% | |
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General Terms and Conditions:- Negotiations only in public, no PM.
- Minimum Collateral: 125%
- Minimum loan amount: 0.001 BTC BTC.
- Maximum loan amount: 0.1 BTC BTC.
- Maximum loan period: 21 days.
- Use the prevailing coingecko.com rate to convert BTC ⟷ altcoins
- I accept escrow, but you have to cover the fees
- If you miss the repayment deadline without communicating beforehand, I reserve the right to sell your collateral.
- You are responsible for any fees associated with transferring the collateral to me, or repaying the loan
- I can deny your loan request without explanation.
- In the event that the value of the collateral falls below 110%, I will give you a chance to add additional collateral. If you refuse, I reserve the right to sell the collateral at the best available price to cover for the loan amount + interest. If the sold collateral is not enough to cover the loan amount + interest, you would then owe me the difference. Excess BTC obtained from liquidating collateral will be returned to the borrower.
- These Terms may be subject to change from time to time, without affecting active deals.
Security and Escrows:The contents of this thread will be archived on
https://archive.fo after each accepted request.
Security logsI accept escrows from
Bitcointalk.org recommended bitcointalk escrow servicesI also accept the top 2 escrow agents on Bitrated.com
Escrow agent #1
collincrypto Escrow agent #2
coblee Standard Request format[b]Loan Amount:[/b]
[b]Amount to be repaid:[/b]
[b]Repayment Date:[/b]
[b]Type of Collateral:[/b]
[b]Bitcoin Address:[/b]
[b]Escrow needed? Who?:[/b]
Repayment address for everyone is my staked address:1BC4RtixpNE9ma4g1kL2TXQoq9BUX6ppnHHow to request a loan?1. Reply to this thread with the Standard Request format above and fill in the details.
2. I will quote your post and either accept or decline your request.
3. From this point on, always quote the posts.
4. If I accept your loan request, I will provide you with an address to send the collateral to. Escrow will be arranged if need.
5. You post the transaction id of the transaction(s) you have made.
6. I wait for confirmation.
7. I send BTC to your bitcoin address and provide the transaction id.
Also, the lender answered the above question. To me, this seems like it's about as painless as asking for a loan can be!