Post
Topic
Board Lending
Re: Need 10 BTC - 10% - with escrow
by
ThatRandom8543
on 10/03/2017, 21:59:50 UTC
Hi,

This is not just a loan request. I'll try to be honest and brief to explain how I intend to use the loan.

I made some trades in the margin trading of poloniex and I am with a loss of approximately 6.5btc.

So I need about 10btc to leave the operations without loss.

I can pay 10% for this  ... and this will take a few minutes, ie, doing the operations and leaving the account without loss in 10 minutes, you can have the 10% asap.

We must use an escrow, and he should knows how to deal with Poloniex, for I am going to give my account and password for him to do the operations;

Thank you all ...

Correct me if im wrong but poloniex have very strict policies about giving an account to someone, or even changing the information. Giving the account to an escrow is not enough because the lender could still be at a loss. Plus, if the account itself is collateral, why would anyone lend you 10btc and how would they get their money back in the event of default?


Yes, the escrow could operate the poloniex account...the collateral is the account itself...i have about 10btc there..so without the losses the escrow will have an account with 10btc..

in the margin , if you put 10btc you will trade with 25 btc..so you have to manage to have less losses..

did you have more doubts?

So youre saying the lender would be at a loss with this?