I didn’t lend money to that person. They wrote to me in private, proposing a gift card as collateral, which I cannot accept. Later, they asked if I use Telegram or Discord, but I couldn’t send any more private messages since, as a new user, I have certain limits. I replied to them here on the thread, stating that my contact details can be found in the first post of the thread. I checked their account, but if they were to provide the requested collateral, I might consider it. At the moment, however, they do not meet the necessary requirements.

I'm replying here because, as a new user, I have limitations on sending private messages. However, you can find my contact details in the first post I made. Still, all requests should be posted in this thread.

Hello, I will send you a private message, and if we come to an agreement on the loan, I will ask you to fill out the request form, which will then need to be posted in this thread, as I would like all requests to be monitored by everyone.

Thank you for your message. For several months, I’ve been following various threads, including Shasan’s, whom I greatly admire for what he has done and continues to do. Initially, I will always require collateral, as I mentioned yesterday, So that, in case the person disappears, I can recover part of the money.. For now, I’m starting with small amounts to test the waters, and if the project proves successful, I plan to scale things up, possibly even opening an office. Let’s say I’m doing some research in the meantime, so I can build more trust and even offer people the option to visit in person. For now, it’s just an idea—I first need to see if I can achieve success.

I’ve also been scammed in the world of crypto, and sometimes I feel like a fool. However, those experiences have helped me understand certain dynamics and what to do to avoid scams.

Regarding the issue of being scammed, I’m not sure, haha. I mean, I’m working on this project, and I think I’ve covered most of the bases. I’ll post something on the website soon to make everything more transparent and accessible. But I know I’m not a genius, and scammers can come up with all kinds of tricks. There might even be methods I’m unaware of, so I prefer to start slowly, build trust with users who need a loan, and this could lead to offering loans without collateral if I trust the user.

A big thank you to you, and also to the others who have written. If you have any advice or suggestions, I’m all ears. Actually, if the project works and I start receiving requests, we could even consider creating a private group on Telegram, but little by little.

I apologize for the delayed response. Regarding the escrow system, I’ve already addressed this in a previous post. If someone wishes to use an external escrow service, I’m completely fine with it, provided the service is reliable. However, I won’t recommend any specific provider.

I’m currently in the process of finalizing an internal escrow system. Once it’s complete, I’ll present it to you and welcome your feedback and suggestions.

As for the $100 limit, I understand it’s a modest amount, but I’m just starting out, and this is essentially a “test” phase for me. Before moving on to larger sums, I prefer to proceed cautiously.

Over the past few months, I’ve been monitoring similar threads to refine my project, and I noticed requests for $50, $70, or $100 loans were fairly common. From your perspective, considering the requirement for collateral, these amounts aren’t excessive for either party

Apologies for the delay in responding; I’ve been receiving quite a few messages on Telegram. Regarding the Bitcoin matter, I hadn’t mentioned it initially because I anticipated a question like yours and planned to address it in future posts.

I haven’t invested millions into this project (haha), but I’m starting with a few thousand dollars to get things rolling and test everything. I believe this is an optimal approach. I’ll also be sharing my wallets publicly, as I’ve diversified across multiple wallets. A portion of the funds is in USDT because I thought that might be in higher demand.

As for the collateral requirement, I hope it’s only necessary in the beginning. I understand that you need to trust me, but I also need to trust you. Over time, I hope to establish a strong relationship and be able to offer loans without collateral.

Regarding custody, the funds will go into my wallet. I realize this may not be ideal from your perspective, but I don’t trust exchanges. I primarily use Electrum and Exodus. However, I’m in the process of finalizing an escrow system. Of course, if someone prefers to use an escrow service, I fully support that—especially if it’s a trusted one that has proven reliability with many users. That’s absolutely fine with me.

Hello everyone, first of all, thank you for showing interest in the thread. I've received several messages, and I will respond to all of you as I go. If I made any mistakes while filling out the thread, I will correct them. And as for the limits, it's because I'm just starting, and I'm also afraid of being "scammed," so at the beginning, I want to limit any potential issues.

---

Why Choose CryptoVault Lending?

• Fast loan approvals.
• Competitive interest rates.
• Secure collateral management.
• Transparent terms and conditions.
• Flexible options for trusted users.

---

Loan Application Form
To apply for a loan, simply fill out the following details. Our team will review your application and get back to you as soon as possible.

---

Rules and Conditions for Loans

1. Loan Amounts
- Minimum loan amount: 10.00 USD (or equivalent in other cryptocurrencies).
- Maximum loan amount: 100.00 USD (or equivalent in other cryptocurrencies). Initially, higher amounts are not allowed.

2. Accepted Collateral
- Accepted cryptocurrencies: BTC, ETH, USDT, SOL, TRX, DOGE, LTC, BNB, XRP.
- Collateral must be equivalent to 100% of the loan amount.
- Only cryptocurrencies are accepted as collateral. Physical assets or accounts are not allowed.

3. Interest Rates
- Fixed rate of 8% per month (2% per week) for loans with collateral.
- Higher rates (10%) apply to loans without collateral, reserved for highly trusted users.
- Interest is calculated on the initial loan amount.

4. Loan Duration
- Minimum duration: 7 days.
- Maximum duration: 90 days.

5. Late Payments
- If repayment is not completed by the due date, the collateral will be liquidated to cover the outstanding amount.
- In case of late repayment, a daily penalty of 0.5% will be applied to the outstanding loan amount.

6. Trust and Escrow Options
- Loans without collateral are available to senior or higher-ranked users on Bitcointalk with no negative feedback. Approval is at our discretion.
- After several successful repayments (e.g., 5 loans without delays), users may qualify for reduced interest rates (1-2% discount) and higher loan amounts.
- Escrow can be requested by the borrower, but costs are their responsibility. A dedicated escrow system will be introduced soon.

7. Monitoring Collateral
Borrowers must closely monitor the value of their collateral. If the value of the collateral decreases by 12% or more from the original loan value,
the borrower will be contacted to discuss options. These options include either adding additional collateral or agreeing to liquidate
the existing collateral to cover the loan, avoiding any potential loss

---

FAQ

1. Can I repay my loan early?  
Yes, early repayments are allowed without any penalties, but interest is still charged on the full loan duration.

2. Why choose a loan instead of selling your assets?  
- Asset retention: Avoid losing ownership of your crypto.  
- Future growth: Preserve the potential for your assets to appreciate in value.  
- Tax benefits: Loans do not trigger taxable events, unlike selling.

3. How long does it take to release the collateral?  
Collateral is released within 24 hours of loan repayment.

---

-----BEGIN BITCOIN SIGNED MESSAGE-----
CryptoVaultLending service has started! Please send your repayments to this address: bc1qt2xz8qj086dhlcp4klunu4fzcnqnahhxx9lzwj
-----BEGIN SIGNATURE-----
bc1qt2xz8qj086dhlcp4klunu4fzcnqnahhxx9lzwj
IGbcQQztZCIbhcBO/YurdEyByTu8UwVkGfVDjK8tQqfNdkfk0rPzzvS5ZtkpbfZRk1t3/s9ghfkFklqqjxBdP60=
-----END BITCOIN SIGNED MESSAGE-----

---

Links & Resources

Topic: Lending Board Rules of Engagement - Attention Lenders and Borrowers  
Topic: [EDU] The Rule of "No Collateral, No Loan"  
Our Site - Converter

---

Hi everyone,
I've been using this forum for years to find information and keep up with the latest news. I wasn't a very active user and mostly focused on reading. Recently, I came up with a project that I’d like to try developing. I’ve prepared various materials, including a sort of whitepaper, and I’m in the final stages of completing the website. The site will mainly serve as a library to organize reports and as a showcase to explain my project. However, I’d like to develop it here on the forum to connect with all of you.

From my username, you can probably guess what my project is about and in which section I’ll be posting it. I’d kindly ask for your support by visiting my upcoming thread, providing your feedback, and sharing any suggestions you might have.

I’ve chosen to introduce myself on New Year’s Eve in the hope of starting 2025 on a positive note with all of you. In the meantime, I wish you all a Happy New Year!