Post
Topic
Board Lending
Re: What kind of % are people wanting for 1BTC, 10BTC, 100BTC and 1000BTC loans?
by
marcotheminer
on 17/11/2014, 19:49:50 UTC
10-20% is normally what people ask for it shouldn't matter how much they are loaning.

LOL? 10-20% for a 1000BTC loan? Nah. Lenders here are not banks Smiley The higher the amount the lower the interest will be.

Does any one know what the largest amount is that some one loaned here and at which rate ?

Here is a recent 17.5 btc loan which was done at a rate of 1.75% per week.

That's what I call a huge loan in recent terms.

Takes quite a bit risk when lenders accept altcoins as collateral, especially when you see coins easily lose 30% in just a few hours.

Not really, physical collateral was taken in the form of silver.