I am giving out BTC loans.
Maximum loan term is 30 days, and each day, there is an additional .1% of interest.
eg. If you borrow 1 BTC and pay back after 2 days, you will be paying back 1.002 BTC.
Terms:
- No collateral, no loan. It's that simple.
- Accepted forms of collateral are established altcoins or physical items (shipped to Dubai or Singapore)
- If the value of your collateral dips below 105% of the loan value at any point in time, you will have 48 hours to top up your collateral. If you do not, I reserve the right to liquidate your collateral.
- I can deny anyone a loan based on my discretion
- I am 100% okay with using a trusted escrow from this forum for any big transactions, or handling of physical collateral
- If you are late with your payment, then I reserve the right to liquidate your collateral at any time.
- For both transactions, YOU will pay the transaction fee. (If you borrow $1 and the fee is two cents, you only get $0.98 and will have to repay $1 with interest). I do not mind giving a low/custom transaction fee upon request - if one is not specified I will use the blockchain.info default.
All loans will be requested and given in public, in this thread. I will not be responding to any PMs or Skype messages regarding this loan service: ONLY post here.
Thank you!
Hello, would I be interested as an official if you agreed with my altcoin?
I have to send the coins to you first and then you send me the loan?
I request a little more information as I can trust you?
Either you trust me, or you arrange for a truste escrow and we can do the deal.