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Personal loan
Loan against your Bitcoin.
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[QUOTE="Sherman198, post: 127043, member: 23031"] Collecting loans are taking new route now. Many people in the crypto space are now fancying the collection of loans against their Bitcoin. It pays in some ways, because it doesn't allow you to sell your Bitcoin for money. If you sell your Bitcoin, you don't make gain on it, but instead your Bitcoin decreases. And people are willing to hold their Bitcoin. But when you borrow, you use your Bitcoin as collateral, and when Bitcoin rises in value, you use the interest to offload the loan you borrow. I think Celsius and Blockfi offers the range of that services. You can also lend out your Bitcoin out and make interest on it. Interest rates may varies on different crypto sites offering this service....Defi and Bitcoloan offers this kind of service. What's your take on this? [/QUOTE]
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