Edit: I never stated I had collateral to offer. I said I have alts in my possession. Big difference.
I don't have to justify shit to you or prove myself but here you go
Believe the screenshot or not I don't care, and yes - I realise I'll now have to revise my loan request to probably 0.025 to use this as collateral.No collateral is the IDEAL. The altcoins is to make the lender sure that even if I were to get scammed or somehow fucking lose their loan 100%, I would still cover it. The only way I can lose it: if ZebPay scams or I get scam sending it on the way to ZebPay by phishing. Both of which ridiculous but possible, yes.
Why no collateral? Because it's easier. I've had to do 15+ messages/posts just now back and forth just to arrive at a maybe-conclusion. Then, I'll have to send all the altcoins, verify who I'm sending them to, then wait for them to confirm and only THEN will I get my loan.
Do you get why this is mostly a pain-in-the-ass for $150? Which I've loaned and repaid endlessly (yes .. occasionally late with extra interest).
Risk here is low in first place. All this hassle just to reduce risk a tiny bit more and hence make it risk FREE = a PAIN.
Grow up and learn how to do business. There are risks involved, won't always be collateral - I'll send it no problem this time because I need to get cracking if I want to make any money.
