Source: CryptoSlate ↗
You can borrow against Bitcoin without selling it, but there’s a catch
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What the source reports
Bitcoin holders who need cash do not necessarily have to sell their BTC. They can borrow against it instead, keeping exposure to Bitcoin while using its value as collateral for a loan. The complication is that the loan they want may exist on another network. Many blockchain lending applications run on Ethereum, which keeps its […]The postYou can borrow against Bitcoin without selling it, but there...
Read the original report on CryptoSlate ↗Live market context
BTC Bitcoin
$67,138.93
-2.98% · 24h
23 supported listings
CASH CASH
$1.00
+0.00% · 24h
1 supported listings
ETH Ethereum
$1,905.21
-2.58% · 24h
23 supported listings
Market figures are live reference data, not evidence that this report caused a price movement. Not financial advice.
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