Re: Need 7 ETH loan for 30 days - Zebi (ZCO) to be used as collateral

The requirements on the escrow are quite high. They would need have a verified Qryptos account (only place that Zebi has liquidity on) and be able to ensure the lender doesn't lose money (not only by selling at the right time if the price drops but also guaranteeing that the lender gets their funds, effectively vouching* for Qryptos).

I don't know if any escrow would be willing to do that, but if so, I'd be interested.

*Whether or not their withdrawal gets processed on Qryptos the lender will receive his funds.

I mean the funds could always technically be liquidated and withdrawn at a later time without a full verification initially, should that situation arise no? Good point though

Some lenders might be fine with that, but I personally wouldn't want to be at the mercy of the Qryptos verification process which is why I would require the escrow to be verified already.

Would you consider it at a higher interest %?

It seems like a fair loan, except for the fact that I don't know or trust the exchange, which is why I would require the escrow to be verified on it. It might be a long-shot, but it's what I'm throwing out there. Maybe someone else who already has experience with the exchange would lend it to you without hesitation (escrow just holds on to the collateral and doesn't need to vouch for the exchange, only transfer it if necessary).

Sure, I can understand that. I need the loan preferably within 8 hours, should you want to change the terms to better suit you if I cannot find a qryptos verified escrow in that time please let me know and I will try to accommodate.