₦airaland Forum

You can check their website at www.loandrip.com it has all the necessary details you would.need.

Do you know how to buy crypto tokens?

I recently raised $7500 in less than 3 days to fund my relocation to the UK as a student. I got admission to the UK to study Msc in Entrepreneurship and innovation and didn't know where i could raise the school fees for deposit and other travel arrangements.

I wanted to relocate badly and secure a future for myself but noone to help financially and the banks where not disposed to granting me loans.

In this thread I will be explaining to you how i raised the money and hopefully other young people who desire to relocate abroad will not be detered cos of funds.

Like i said ealier, i had searched everywhere from banks to micro-finance to loan apps....noone could loan me a student such amount and still guve a favourable repayment terms.

I eventually came across loandrip.com a crypto lending app

they give loans from as little as $100 up to $50,000 to both individuals and businesses


The catch was their collateral.....streetcoin token a bep-20 token. I bought tokens worth N95,000 from pancakeswap and deposited it as collateral on the loandrip website. I found out the platform gives loans worth up to 50x the collateral value you drop.

So my loan approved was N5m($7000). I couldn't believe it at first....but then what did I have to loose...I still had access to my token....

I immediately went on pancake swap and swapped the token for Bnb smartchain and sold it. Got my naira equivalent into my account and paid for my school fees....got my visa and eventually relocated to the UK september 2022.

During application on the crypto loan platform..they didn't ask for bvn and access to phone. I choose my loan repayment terms of 4years and their interest rate is 4%.

If i default they sell off my collateral. I found out also that the value of my collateral even increases with time

Having settled in UK and started my studies I just felt the urge to share my experience and help some others who may feel they cannot move abroad due to non-access of funds.