Questions tagged [require]

Andrea Mon Sep 23 2024 | 7 answers 1760

I'm curious about the security measures surrounding 1 inch. Could you please clarify whether using 1 inch necessitates Know Your Customer (KYC) verification? This is a critical aspect for many users, especially those concerned with privacy and anonymity. Additionally, does the platform adhere to any specific regulatory frameworks or guidelines related to user verification and identification? Understanding these details would help me assess the platform's suitability for my needs and concerns.

Emanuele Wed Sep 18 2024 | 6 answers 1347

I'm curious about the lending process on Prosper, specifically regarding the need for an appraisal. Does Prosper, as a peer-to-peer lending platform, mandate an appraisal for borrowers to secure a loan? I understand that traditional lending institutions often require appraisals to assess the value of collateral, but I'm wondering if this is also the case with Prosper. Could you clarify the appraisal requirements, if any, for borrowers seeking loans on this platform?

SejongWisdomKeeper Wed Sep 18 2024 | 0 answers 0

Are you considering taking out a loan from Prosper, but are unsure about whether they require collateral? Well, you're not alone! Many people have the same question when it comes to Prosper and other peer-to-peer lending platforms. Collateral is an asset that a borrower agrees to put up as security for a loan. If the borrower defaults on the loan, the lender can then seize the collateral to recover their losses. So, does Prosper require collateral? The answer is no. Prosper is a peer-to-peer lending platform that connects borrowers with investors, and they do not require borrowers to put up any collateral to secure their loans. However, keep in mind that Prosper does have certain credit requirements that borrowers must meet in order to qualify for a loan. They use a variety of factors, such as credit score and debt-to-income ratio, to determine a borrower's eligibility. If you're interested in taking out a loan from Prosper, it's important to carefully consider your financial situation and ensure that you can afford to make the payments on the loan. While Prosper does not require collateral, defaulting on a loan can still have serious consequences, including damage to your credit score and potential legal action.

CryptoLodestar Wed Sep 11 2024 | 5 answers 1702

Could you please clarify if Polygon, the popular Ethereum scaling solution, imposes any gas fees on transactions conducted on its network? I understand that Polygon aims to reduce transaction costs and enhance scalability compared to the Ethereum mainnet, but I'm curious about whether it still levies gas fees similar to Ethereum. Are there any specific conditions or transaction types that might result in gas fees on Polygon, or is the network designed to operate without them entirely? Thank you for your insights.

CryptoLodestar Wed Sep 11 2024 | 5 answers 1031

Could you please clarify if Polygon, the popular Ethereum scaling solution, imposes any gas fees on transactions conducted on its network? I understand that Polygon aims to reduce transaction costs and enhance scalability compared to the Ethereum mainnet, but I'm curious about whether it still levies gas fees similar to Ethereum. Are there any specific conditions or transaction types that might result in gas fees on Polygon, or is the network designed to operate without them entirely? Thank you for your insights.