Quote from: legendster on December 11, 2018, 05:22:19 AM

Quote from: bbuser on December 11, 2018, 03:37:25 AM

Hi guys, I have alts but need BTC to make some bets this weekend.

I can liquidate my alts for BTC but last time I did that, BSV went up like 8% and I ended up getting screwed because the betting site took hours to release my funds, so I was wondering if I can just borrow BTC instead of risk liquidating my alts and potentially losing out because of a market move.

Need $4-5 in BTC. Is this even possible? Realistic? Thanks.

As long as your alts are prices are somewhat stable and listed on any exchange. Usually people ask for 120% collateral in alts for a loan. Your collateral is only liquidated once you definitively fail to repay.

The only thing I am confused about is, are you looking for $4-5 or $4k-$5k ?? That's a big deal as far as typos are concerned lol

Yes, my mistake, $4-5k in BTC. I have CND, which is listed on some big exchanges. Do I have to put up something for the loan?

I see people here talking about getting loans for their accounts? Not sure. Anyways, I would be willing to put up the collateral but I am very nervous about doing so. I don't know how it all would work.

Are there any actual companies or reputable sources that I can get a BTC loan from? I might just end up liquidating my CND instead.