Post
Topic
Board Lending
Re: Want to start lending btc and want advices from expert lenders
by
Patatas
on 21/04/2018, 06:50:55 UTC
I would appreciate to get further advices about lendering btc / HOW To successfully and securely lend Bitcoins. What is your experience, Thank you for sharing your experience or any recommendations.
- Know and understand what a valid collateral is,stickies are a nice place to begin with.
 - Don't fall for shit-coin forks which aren't accepted as deposits on exchanges.When taking altcoin as a collateral,make sure the coin is tradeble on the exchanges and have a stable value.
 - Use a trusted escrow to hold the collateral as you don't have any trust either.
 - Read all the good lending threads to know how it all works.
 - Don't take bitcointalk accounts as collateral.