Post
Topic
Board Lending
Re: Need a 0.02 BTC 1 DAY LOAN
by
Dr.Bitcoin_Strange
on 03/01/2024, 17:31:09 UTC
What is good collateral for a loan? (From best to worst)

#1: Alternate stable and well acknowledged cryptocurrencies
#2: Securities and shares such as TAT.ASICMINER
#3: Anything that can be traded in somewhere for a secure cash/Bitcoin value quickly
#4: Physical items such as an iPad

OP, you don't qualify to get a loan from this forum. Even the collateral which you claim to offer is not in your possession but in a centralized platform. I doubt if you are actually holding 42+ Bitcoin in that your stated website.



The rule of "No Collateral, No Loan" means that in order to get a loan you must give collateral that is equal, or preferably higher to the amount you are being loaned.

If you completely ignore this sticky and make a loan request with no collateral, without having massive trust on the forum, the chances of you getting negative trusted feedback and therefore having a Trade with Extreme Caution tag is almost 100%.

These are rules that will be considered before you can access loan from the forum.