Are there any alternative ways to meet the requirements of the requested digital currency product if I cannot provide a guarantor?

4 answers

• JimkMay 04, 2023 · 2 years ago
  If you are unable to provide a guarantor for the requested digital currency product, there are alternative ways to meet the requirements. One option is to provide additional collateral or security to mitigate the risk. This could include offering a larger deposit or providing other valuable assets as collateral. Another option is to explore peer-to-peer lending platforms that may not require a guarantor but have their own risk assessment processes. Additionally, some digital currency exchanges may offer alternative solutions such as providing a higher initial deposit or completing additional verification steps to meet the requirements without a guarantor.
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• Lavinia NeagaNov 11, 2020 · 5 years ago
  Hey there! So, if you can't find a guarantor for the digital currency product you're looking for, don't worry, there are other ways to meet the requirements. One option is to offer more collateral or security to reduce the risk. You could also check out peer-to-peer lending platforms that have their own risk assessment systems and may not require a guarantor. Another alternative is to look for digital currency exchanges that offer different solutions, like a higher initial deposit or additional verification steps. Keep exploring your options and you'll find a way!
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• Geir Henning LarsenMar 19, 2024 · a year ago
  If you're unable to provide a guarantor for the requested digital currency product, don't stress! There are alternative methods available to meet the requirements. One option is to consider providing additional collateral or security to offset the lack of a guarantor. This could involve offering a larger deposit or using other valuable assets as collateral. Another possibility is to explore peer-to-peer lending platforms that have their own risk assessment processes and may not require a guarantor. Additionally, some digital currency exchanges may offer alternative solutions, such as higher initial deposits or additional verification steps, to accommodate individuals without a guarantor. Remember to weigh your options and choose the approach that best suits your needs.
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• madixJun 20, 2022 · 3 years ago
  At BYDFi, we understand that not everyone can provide a guarantor for the requested digital currency product. If you find yourself in this situation, don't worry! There are alternative ways to meet the requirements. One option is to provide additional collateral or security to mitigate the risk. This could involve offering a larger deposit or using other valuable assets as collateral. Another option is to explore peer-to-peer lending platforms that have their own risk assessment processes and may not require a guarantor. Additionally, some digital currency exchanges may offer alternative solutions, such as higher initial deposits or additional verification steps, to accommodate individuals without a guarantor. Remember to consider your options and choose the approach that works best for you.
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