Post
Topic
Board Lending
Re: Need 20,000EUR, crypto as collateral
by
suchmoon
on 19/06/2020, 20:25:01 UTC
That's exactly what I mean. I put about 100k€ of crypto as collateral. Transfer as normal SEPA transfer. 100k in crypto just in case crypto price goes down.

Coins as collateral, 2BTC, 5000 Tezos, 80 ETH, some LTC and cardano, total price of all crypto in today's price 100k€.

Ok, I stand corrected. This is mildly interesting. I personally don't think the hassle is worth 1000 EUR, but someone might bite. I think just the BTC and ETH should be enough for the collateral. You would probably need to go first or find a trusted escrow... which might be a problem with the SEPA transfer.