Post
Topic
Board Lending
Re: Looking for 0.23 BTC loan with 130% CSGO Skins as collateral
by
onnz423
on 11/05/2017, 11:15:03 UTC
Guys be careful, CS:GO skins usually go for like 20-30% cheaper in trade for real money, so you should ask for atleast 150% collateral. If someone wants to fill this, fill free to ask me if the skins are worth the risk.
CS:GO skins however are not chargebackable.

Also OP, try bitskins, they send payment instantly as btc

150% would've been true months ago. However, the market has changed. Look through any liquid skins (high volume) on OPSkins and they are being sold at 80% market.
Thus, IMO 130% is fair although I could go up to 200% in collateral IF it is held by a trusted and mutually agreed escrow throughout the loan.

I rarely use Bitskins. While their payments are instant, it takes a longer time for sales due to it's lower traffic vs OPSkins.


Can you show us what you are offering for collateral?
I will report if it is worth for the lender or not.
But you do see my point, since the prices of skins are not that stable.