Post
Topic
Board Economics
Re: BANKS offers LOANS.
by
Umkar
on 29/07/2018, 21:34:09 UTC
What if the Banks where about to give a service where the people can get a LOAN via Bitcoins would it be beneficial to all of us?The Banks and The Traders?
I think with this, trading would be a lot more easier, am I wrong?

Dude just came through a news fully oriented on loans which suits your needs here. Just go through the below link and find out more information on your query. It has just launched a crypto-to-fiat lending platform where cryptocurrency is used as collateral. On CoinLoan, everyone can become a lender or a borrower, on his or her own terms. Find more details on the below link;

https://news.bitcoin.com/pr-coinloan-opens-platform-to-bridge-gap-between-lenders-and-borrower/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications


It is very interesting to see how long this CoinLoan extends to Estonia. By the way, it would be nice to know what percentage of the transaction amount takes CoinLoan. Not so long ago something like this was advertised here on the forum as the upcoming ICO, but I did not see the ICO itself.
However, I do not think that ordinary banks will deal with issuing loans to fiat on security of crypto currency. This activity is very risky for banks.