Hello
what type of collateral accepted here. I post a request for loan without collateral because I don't have the full amount of the collateral which is 120% of the amount of the loan.
I am asking is there any other accpeted thing to be as collateral instated of only deposit
Thanks
If you can't provide 120%+ of the loan amount in a valid collateral then you simply won't get a loan as a newbie.
Valid collaterals are things that can be 100% secured and sold by the lender without much hassle, such as altcoins, goods and precious metals.
Your identity, your word, your promises are not valid collateral, neither is a simple contract that isn't backed by readily secured and liquidated assets.