Post
Topic
Board Lending
Re: Can a coupon be used for collateral?
by
ThatRandom8543
on 07/11/2019, 20:13:11 UTC
I have a unused $250 coupon for http://www.hashaltcoin.com

Can I use this coupon for collateral worth the same amount in crypto?

I'm just asking... so please chill!

Hell NO! I reported that site BTW. The ONLY site I would use it (the collateral) IS on hashaltcoin.com for a Blackminer F1 mini (on NO other site)
hashaltcoin.com sells asic miners (they are legit)



You have a $250 coupon for a $179 miner?



Yes and No It's a $250 "unspesified" coupon - so I guess it could be used on the $179 miner - yes (which is my plan) I don't actually wanna use it for
collateral (the coupon) - I just wanted to know if it was possible? (Pure curiosity)

If you want a short direct answer (even though it been answered for you already) then the answer is no, it cannot. Coupons cannot be secured and who to say you wont use it after getting the loan due to you having access to it.