Post
Topic
Board Lending
Re: I would like to borrow 0.0054 BTC
by
Lbridges3001
on 27/05/2023, 11:26:57 UTC
You have to leave something of high liquidity for the lender so that he can sell it off to recover the money in case you default the loan. Just like you would go to the bank and ask for a loan, you have to provide collateral.

I am sure you know how the internet is filled with scammers so, no-collateral loans for a user without even reputation is a no-go zone for the lenders

Understood. I'm new on here so I don't know how things work. I'm still learning.