Author

Topic: Loan for margin trade (Read 313 times)

sr. member
Activity: 1344
Merit: 307
October 13, 2017, 10:41:52 AM
#6
i can give you 0.04 btc for youre siacoins and 15% monthly x6 month =90%
pay every month 15% iff not pay i have right sell youre collateralls thx

I have responded to your PM.

I do not understand why the interest would be 90% when there is little risk involved in this loan.

While I do not agree with that amount of interest, there is always a risk to loans, even with collateral.
member
Activity: 161
Merit: 11
October 13, 2017, 10:37:47 AM
#5
i can give you 0.04 btc for youre siacoins and 15% monthly x6 month =90%
pay every month 15% iff not pay i have right sell youre collateralls thx

I have responded to your PM.

I do not understand why the interest would be 90% when there is little risk involved in this loan.
sr. member
Activity: 496
Merit: 250
Ceck me in livestream twith
October 13, 2017, 10:18:03 AM
#4
i can give you 0.04 btc for youre siacoins and 15% monthly x6 month =90%
pay every month 15% iff not pay i have right sell youre collateralls thx
member
Activity: 161
Merit: 11
October 13, 2017, 09:56:34 AM
#3
80.000 SC @ 0.004$ = 320$

Collateral is always 120% of loan amount so

320$ = 120%
100% = 266,67$ ... and that's your loan amount Wink so about

0.046 BTC.
Hope this helps.

Would you be willing to fulfill this loan or are you simply pointing out how much I could get?
full member
Activity: 126
Merit: 100
October 13, 2017, 09:35:08 AM
#2
80.000 SC @ 0.004$ = 320$

Collateral is always 120% of loan amount so

320$ = 120%
100% = 266,67$ ... and that's your loan amount Wink so about

0.046 BTC.
Hope this helps.
member
Activity: 161
Merit: 11
October 13, 2017, 09:11:50 AM
#1
I currently have 80,000 siacoin and need a loan for Bitcoin to use as collateral for a margin trade on an exchange. What amount could I expect for a time frame of around six months with the lowest possible interest.
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