Author

Topic: Loan request USD backed by cryptos (Read 219 times)

sr. member
Activity: 1036
Merit: 332
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August 03, 2019, 06:47:34 AM
#3
I can provide this loan at 130% collateral,

Interest rate is 5% per month, hence 10% in 2 months.
legendary
Activity: 2772
Merit: 3284
August 02, 2019, 10:29:25 PM
#2
You're going to need around 130% collateral, so $650 worth of BTC/ETH at the minimum. If you only give $500 worth of BTC/ETH, you basically get a risk free trade and either 'sell' your collateral at today's rate in two months, or 'buy' your collateral at today's rate in two months, depending on how the market moves.
full member
Activity: 205
Merit: 100
August 02, 2019, 09:10:11 PM
#1
Hello for personal reasons i need fiat but i don't want to sell my cryptos, so i would like to take a loan of $500 USD worth of stablecoins (USDt, DAI, ...) for 2 months.
I can provide $500 worth of BTC/ETH as a collateral.
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