Post
Topic
Board Lending
Re: Anybody take Sr. member account as collateral here? i need loan around 0.3 BTC
by
romanlanskoj
on 17/06/2018, 19:32:07 UTC

EDIT: Even with a zero-risk collateralized situation, you would be hard pressed to find someone who would be willing to lend their BTC at an interest rate of 8% for 6 months.

17% per year is a very high interest rate!

Are savings banks give as much?

It's not a lot for crypto lending. Exchanges that offer margin funding (Bitfinex, Poloniex) occasionally get to this APR without you needing to make a 6 month commitment - and the only risk you are taking there is with the platform itself. If the lender is taking on an extreme risk of default, they would want even more interest.

you can check the  interest rate offered margin funding (Bitfinex, Poloniex) and compare. Why not?

so if anybody interested my offer will be valid until August only