Using Cryptocurrency As Security For A Loan - Business - Nairaland
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| Using Cryptocurrency As Security For A Loan by brucewayne26: 10:52pm On Apr 28, 2021 |
New to the forum. I've asked on a couple forums but don't really get an answer Where in Australia I can get a loan backed by my crypto? |
| Re: Using Cryptocurrency As Security For A Loan by ChloeKerr: 10:53pm On Apr 28, 2021 |
You can secure your loan with cryptocurrency? |
| Re: Using Cryptocurrency As Security For A Loan by Wifilover: 10:54pm On Apr 28, 2021 |
Stablecoin and USD collateralized futures are more favorable for prolonged exposure. They are also less complicated when trading altcoins than the BTC collateralized futures. However, there are also clear advantages of using BTC as collateral in the derivatives market. It's a new currency, so not all banks accept them, but bigger banks and maybe some online banks will gladly take BTC as security for a loan. I have seen a post about this on https://uphold.com/en/assets/crypto/buy-xrp. You can check it. |
| Re: Using Cryptocurrency As Security For A Loan by Nobody: 11:54pm On Apr 28, 2021 |
The body is Wifilover but the soul is brucewayne26. Nice try |
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