Post
Topic
Board Trading Discussion
Re: Question about collateral
by
Fishbones78
on 08/03/2016, 16:42:44 UTC
Hello. I was wondering would someone would be willing to loan 1btc for a 18 karat gold wrist watch collateral? Thank you.
If someone does this for you, they will be wanting the watch first, and probably expect you to cover ALL shipping fees. Physical collateral isn't great because it is a fair bit of hassle to transfer between parties etc. Plus the watch could quite easily be fake. Good luck, but you are also a Newbie.