Sir, you sent me this link in my previous post https://bitcointalk.org/index.php?topic=577765.0 I read it well, it shows what can be considered as collateral and what is not. But I have saw that a domain name can be considered as a collateral, that is why I wrote this. You can create unlimited domains in my hosting packages, and the package already has two active domains (though are for my clients). I am sorry if I did a mistake, but I read that post for collateral before writing my post.

I would ask for a loan there, but we do not have a loan section in our forum. The package will expire this year in September (I can give you the password and email so you can prove, I can give you now in DM).

Same to Cryptotalk, it's true you must use Cryptotalk and Yobit together (I will give you both passwords because email is the same, I will do it now as well.. if you want) I really need this loan bro, that is why I do this.

Guys, I really need a quick loan (personal use). I am a new member of Bitcointalk forum but a senior member in Cryptotalk forum (less than 60 posts left to reach Hero member) and I have more than 10,000 positive reputations, more than 100 followers. In short, I am a trusted member of Cryptotalk forum, not only by other members but by the moderators as well.

I need 0.03 - 0.05 BTC then I will return in one month +10%. I am a web developer and I have a hosting package in Dreamhost (unlimited package) I can use it as collateral too. This package has Unlimited storage, Unlimited bandwith, Unlimited business emails, Unlimited subdomains, Unlimited FTP accounts, and more features. I use this package to create websites for my clients, I can give login email and password to anyone who will need proof that I own it (only to members with high ranks or trusted). I can also give email and password for my cryptotalk account (if needed) as you know in cryptotalk forum we get paid 1000 satoshi per post and 10 TALK tokens (20 posts per day) so there is no any way that I can risk my account, I will repay the loan to get back my account, or if you will take the hosting package I will repay the loan to get it back as well.

Please, I need 0.03 - 0.05 BTC and I will pay it back in a month with +10% on that amount. Please I need your help guys. Though I really need this amount, I will give my login details to members with high ranks only or members with trust points. Thank you guys!

Hello bro, what if I am a new member here but a senior member in Cryptotalk forum and well known by all moderators. Can you confirm me there by asking my moderators eg Bigpat then give me a loan then hold my Cyptotalk account as collateral?

Is this possible? We don't have a loan service there.

Sure. Escrow is good as well, according to the information that you guys gave me, it seems anyone with collateral can receive a loan despite their ranks.

This is good!

Haha!

That will be great for banks to take crypto instead of a house. I feel like it's scary to put a house as collateral even if you will return the loan at the required time. But still a loan it's a loan, it still scared even if you will put something else as collateral 😅.

Absolutely! They must do so in order to compensate for any losses that may occur, now I understand how this type of loan works.
Thank you so much for adding this.

Now I understand. You mean, like maybe I need a certain amount of money and I'm holding altcoins waiting for the bullish, so instead of selling them at a lower price, I can use them as collateral to get the money I want. This is great! Thank you so much bro for your information.

Thanks for the details bro. But there is a difference between a house as collateral and a coin as collateral, I mean you may want to sell your house to get the money you need, but you may not find a client to buy it! So instead you decide to mortgage your house to get a bank loan. But we all know selling altcoins is easy and you can do it at any time in any exchange or wallet, unlike the house because you will need to find someone to buy it. And that's why I wanted to know why altcoins can be used as collateral while we can sell them easily to get the money that we want... but thank you I understand you well.

Thank you. Sorry, I have one more question if you won't mind.

What does it mean to use Altcoins as collateral like ETH or other Altcoins to get BTC loan? I mean I have 3 ETH, why should I not sell it to get the amount of BTC that I need instead of giving it to someone as collateral to get the same amount of BTC that I need? Is there any technical meaning for doing that or why is it like that?

Thank you so much! I am glad to know it's possible even for a new member to get a loan, let me read that thread. I didn't expect to see a Hero member replying to my article, be blessed dear friend 😭

Thank you. Let me read it. Thank you for your support though, I am curious about many things in this forum.

Dear members,

I am glad to join this forum. When I was reviewing different sections in this forum, I opened the Marketplace section so that I can offer my services (Digital Marketing Service) then I saw the "Lending" section! I was very surprised because I never thought there can be a lending service in a forum!

I was curious and decided to read past articles (a few articles) to see how this lending service works, and for sure it is really amazing because at the first time I thought it is not real. But I saw many members who get a loan are those who have a large account at least, so I asked myself if it is possible for a new member to get a loan as well.

So what is your opinion, you think is there any way for a new member to get a loan here in the forum? And what will be the collateral? Perhaps not all new members are scammers or are do not deserve to get a loan, but I think the biggest challenge here is to find a way to trust even new members and offer them a loan service as well.

What's your opinion(s)?

Hi friend, use Localbitcoins or Paxful. Are the leading local exchanges which accept PayPal. Good luck!

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