Quote from: zazarb on December 11, 2018, 08:24:09 PM

Quote from: bbuser on December 11, 2018, 08:18:31 PM

Quote from: zazarb on December 11, 2018, 08:11:05 PM

Quote from: bbuser on December 11, 2018, 08:05:59 PM

Quote from: zazarb on December 11, 2018, 07:44:41 PM

Quote from: bbuser on December 11, 2018, 07:27:44 PM

Hello, could you potentially provide a loan like this?

Loan Amount: $5k worth of BTC
Reason for Taking out a Loan: betting
Amount to be repaid: 0.5%
Borrow Date: Dec 15th, 2018
Repayment Date: Dec 16th, 2018
Type of Collateral: equivalent or required amount of CND tokens

I have no idea how this works so my apologies if I'm getting something wrong.

Everything ok, I can fulfill your request with following terms:
1. Loan will be not related to fiat , Lending amount will be 1.5BTC
2. I need at least 2% interest
3. Collateral should be at least 800k CND(can be diference depending price at 15th)
4. CND will be secured in my binance account
5. In the event that the value of the collateral falls below 110% of the principle then I would have the right (but not obligation) to sell the collateral at the best available price, as quickly as possible. (After gives a chance add additional collateral).

You want 2% for a 1-2 day loan? Also, 800k CND would be like 144% collateral

Correct, most lender take min 5-10% interest for week or two.
CND very volatile 800k in recent bottom was only 1.6BTC

Those are for micro loans though. And I guess I'll pass, no point in giving up 44% on top for a 1 day loan with 2% interest. Thanks anyways.

44% on top is only for security purpose, interest we can set at 1% per day, if you repay within 24 hour

I'll get back to you if I'm interested. Thank you.