Post
Topic
Board Lending
Re: 🌟🌟🌟🌟✨ zazarb's Quick-Loans & Escrow 🌟🌟🌟🌟✨
by
OptiqueMarquis
on 12/03/2018, 17:29:43 UTC
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Loan Amount: BTC 0.1
Reason for Taking out a Loan: Investing
Amount to be repaid: BTC 0.11
Repayment Date: April 12 2018
Type of Collateral: ETH 0.8 & VEN 150
Bitcoin Address: 3AE4q5UWSAjGD8SjV3YesZCRZ8eFUzkfbi
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if I figured out correctly, collateral value is around 120%, what is to low for such long period and such coins.
I have considered the opportunity to lend with at least 150% worth of collateral.


Thank you for your prompt reply.


I have lowered the amount to be borrowed to BTC0.08 and changed to 3 weeks repayment:


Loan Amount: BTC 0.08
Reason for Taking out a Loan: Investing
Amount to be repaid: BTC 0.095
Repayment Date: March 31 2018
Type of Collateral: ETH 0.8 & VEN 150
Bitcoin Address: 3AE4q5UWSAjGD8SjV3YesZCRZ8eFUzkfbi


Will this work for you?

Thank you

ok
address for VEN (binance)
xrb_3qnsadxcgt4gokifazx8o8z3wt4d7o3n8triu35xae64dudm4k1g3tjnhcpa

and ETH
0xb920eA15efB3D8A9238F421cbcaDfA3a401573D1

also keep in mind that in the event that the value of the collateral falls below 110% of the principle then I would have the right (but not obligation) to sell the collateral at the best available price, as quickly as possible. (After gives a chance add additional collateral).


thank you zazarb. you are a credit to the crypto community.



can you please double check your VEN address? It should be a standard ERC-20 address you seem to have posted a Nano address.


thank you