How can I find a guarantor using cryptocurrency as payment?

I am looking for a guarantor to secure a loan, and I want to use cryptocurrency as payment. How can I find a guarantor who accepts cryptocurrency as payment? Are there any platforms or services that connect borrowers and guarantors in the cryptocurrency space?

3 answers
- Finding a guarantor who accepts cryptocurrency as payment can be challenging, but it's not impossible. One option is to join cryptocurrency lending platforms like Celsius Network or Nexo, where you can find lenders and guarantors who are willing to transact in cryptocurrency. These platforms provide a secure environment for borrowers and guarantors to connect and negotiate terms. Make sure to do your due diligence and choose a reputable platform with a strong track record.
Mar 22, 2022 · 3 years ago
- If you're looking for a more informal approach, you can try reaching out to cryptocurrency communities and forums. Some individuals may be willing to act as guarantors in exchange for a fee or a percentage of the loan amount. Just be cautious and verify the credibility of the person you're dealing with. It's always a good idea to use escrow services or smart contracts to ensure the safety of your transaction.
Mar 22, 2022 · 3 years ago
- At BYDFi, we understand the importance of finding a reliable guarantor in the cryptocurrency space. While we don't directly connect borrowers and guarantors, we provide a secure and transparent platform for cryptocurrency trading and lending. Our platform offers features like smart contracts and escrow services, which can help facilitate loan transactions between borrowers and guarantors. However, it's important to note that finding a guarantor is ultimately a personal decision, and it's crucial to conduct thorough research and due diligence before entering into any financial agreement.
Mar 22, 2022 · 3 years ago
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