Quote from: harizen on February 20, 2019, 04:46:36 PM

Quote from: FALUN LEE on February 20, 2019, 04:38:41 PM

How to put fiat at collateral to take (ethereum) loan from respected forum members
Please suggest me
I WANT ETHEREUM LOAN AGAINST MY FIAT MONEY

Might be a hassle for both party unless you can found a person that lived nearby on your place or if someone here will proposed a set of agreements about this.

Options are:

a) Try to seek assistance in your local thread or local social media crypto groups. Might someone is willing to trade with you.

b) Take chances from Currency Exchange section of the forum and used trusted escrows of the forum.

C) Why not just deposit your fiat money into crypto exchange and buy ETH from there.

Although these options aren't about Lending anymore, at least you will able to used your fiat money to acquired ETH.

I would say he should deposit it into a crypto exchange or trade it for crypto than to get a loan against it. Usually using fiat as collateral can be extremely risky unless things are done locally since the means of transacting fiat online (eg paypal, cashapp, etc) can open up risk for the lender to lose both crypto and fiat, even with escrow.