Topic: Looking for a loan in USDC or USDT, collaterized with BTC - page 2. (Read 313 times)
I can lend you the 3500 USDC, how do you want to process?
You may want to amend this part.
If the value of BTC were to drop off, then the collateral is there to protect the lender. Reputable lenders always give you the chance to top up your collateral to maintain whatever margin is agreed upon. E.g 115% collateral.
Good luck.
You also have no right to sell or keep the collateral unless I miss the agreed upon deadline.
Maximum loan term: 2 months
Maximum loan term: 2 months
If the value of BTC were to drop off, then the collateral is there to protect the lender. Reputable lenders always give you the chance to top up your collateral to maintain whatever margin is agreed upon. E.g 115% collateral.
Good luck.
Hello,
I require USDC/USDT for a certain trade, but don't want to exit a part of my BTC position just yet. This is my offer to the lenders of bitcointalk.
Loan amount needed: 3,500 USDC or 3,500 USDT
Collateral I can offer: 0.4 BTC
Interest rate: 5% per month, prorated daily, with a minimum $100 interest. For example, if I pay in 15 days, I will pay you 2.5% interest on the loan. If I pay in 30 days, I will pay 5% interest. Do keep in mind the interest will be purely denominated in USDC or USDT. You also have no right to sell or keep the collateral unless I miss the agreed upon deadline.
Maximum loan term: 2 months
This is pretty obvious, but I will only consider going first with trusted bitcointalk members. If you're not trusted and you want to fill this loan, we can discuss which middleman would be appropriate to use (of course, forum middlemen only).
Also, I would like all discussions and negotiations to be made in this thread. Please do not send me any direct messages as I will ignore them. Thank you for reading!
I require USDC/USDT for a certain trade, but don't want to exit a part of my BTC position just yet. This is my offer to the lenders of bitcointalk.
Loan amount needed: 3,500 USDC or 3,500 USDT
Collateral I can offer: 0.4 BTC
Interest rate: 5% per month, prorated daily, with a minimum $100 interest. For example, if I pay in 15 days, I will pay you 2.5% interest on the loan. If I pay in 30 days, I will pay 5% interest. Do keep in mind the interest will be purely denominated in USDC or USDT. You also have no right to sell or keep the collateral unless I miss the agreed upon deadline.
Maximum loan term: 2 months
This is pretty obvious, but I will only consider going first with trusted bitcointalk members. If you're not trusted and you want to fill this loan, we can discuss which middleman would be appropriate to use (of course, forum middlemen only).
Also, I would like all discussions and negotiations to be made in this thread. Please do not send me any direct messages as I will ignore them. Thank you for reading!
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