Post
Topic
Board Lending
Re: I want to borrow $250,000. I hv BTC as collateral. What lender do you recommend?
by
crypto333
on 15/06/2023, 05:55:31 UTC
gordonics.com

I saw people do loans on here but I wasn't really insinuating one on here. Im not sure how it works and it seems risky for me but not the lender. I would supply btc as collateral and would deposit first so im really just trusting this unknown lender.

I am located in the US. you asked where i was while earning all those bitcoins. I purchased my biggest portion in 2014 as just a buyer and have hodled ever since. of course have bought throughout the years algo but mainly from 2014 buying.

Im actually now trying to borrow $500k. I am buying a house i have under contract for $475k plus closing costs in my city. I have got a loan from the liquity protocol with my ethereum before so i was kind of looking for something similiar with bitcoin but it seems alot of the defi lenders use Eth and not bitcoin. yeah i was trying for cash, wire transfer to basically buy this house i have under contract.

Poker Player -

i dont necessarily care too much about privacy but i kinda am trying to avo.,,.id ta,..xes . No one has contacted me through messages. it would be great to borrow from someone but i dont see that I can trust someone to do so from my end in all honesty. I suppose im a newbie on this platform with limited posts but have been in crypto since 2014 but only as a hodler.


DaveF

Im based in the US. checking unchained.com/loans and saltlending. thanks

coinbase stopped borrowing as I was going to just bite the bullet and use them. really didn't want to for tax reasons but i really want this property. thanks for recommendations. appreciate it

Kavelj22

i actually need $500k now lol. I do own decent amount of bitcoins and am serious lol. Im not asking for anyone in here to lend me the funds but recommendations as I figured there were bitcoin pros in here. I have a decent amount of btc that i have hodled and got in somewhat fairly early. I wasn't necessarily asking for anyone in here to lend me the money as that seems risky on my part , not the lender because I would be the one providing the collateral over 100%.  I was kind of asking for suggestions for any defi sites or reputable cefi platforms. I swore i would never use a cefi platform because we all saw what happened with a few cefi platforms.  I see you don't believe me , bro im not trying to sell myself to you or prove to you anything, do i just post a screenshot to shut a random internet guy up?

um yeah i've gone twice to the btc conf in miami. not sure what that has to do with anything

again bro i was asking for any suggestions for other sites you guys would recommend that you've used to borrow on btc

DireWolfM14

multiple alts? im really not sure what you are implying