Post
Topic
Board Lending
Re: [Loan request] Need $200k for 1 day, will pay $500. Extremely good offer.
by
otcrypto
on 04/08/2019, 19:31:22 UTC
How the lender can be sure that there won't be a default risk? Aren't you able to use margin trading platforms where you can have leveraged loans?

The only possiblility of that happening is if Liquids system fails at liquidating position AND the market would have to flash crash >90% within 24 hours of taking the loan however I will show to the lender that im fully covered for drops that signicant so even there really isnt ANY risk at all. The funds will only be locked for 24 hours, after which its released. I cant use other platforms as I need to hedge on here.

https://www.youtube.com/watch?v=PSL9JiwBpv4