|
Title: Thoughts on Crypto-backed loans? Post by: Loanz on June 12, 2018, 08:35:44 PM BTC Hey guys, As a Cryptocurrency holder have you ever heard of where you can hold on to your cryptocurrency, and at the same time have access to cash? Please comment your thoughts. :D Thanks!
Title: Re: Thoughts on Crypto-backed loans? Post by: Ch01ce0N3 on June 14, 2018, 01:12:15 PM In the personal account of each. It really can. For money yes, the money becomes flat, then save in the bank.
Title: Re: Thoughts on Crypto-backed loans? Post by: sud on June 14, 2018, 01:25:04 PM There are few projects offering crypto loans like SALT (https://www.saltlending.com/) or ETHLend (https://ethlend.io/) (they only offer crypto loans atm), but I have not used them yet. I'm more bullish on NEXO (https://nexo.io/), which I invested in recently, cause they are planning to issue credit cards in a month or so. You can get instant crypto-backed (only bitcoin for start, soon NEXO token) loan on their platform and can spend it using plastic in any shop, so it's a perfect solution. In addition NEXO token is a security and you get dividends just by holding it.
Title: Re: Thoughts on Crypto-backed loans? Post by: Jaina on June 14, 2018, 02:42:05 PM I think this is not feasible. You must solve it. mortgage. If I give you a coin and you deceive me? If I don't give you a coin. If I don't pay back, what should you do?
Title: Re: Thoughts on Crypto-backed loans? Post by: vladaziya4 on June 26, 2018, 10:24:38 AM It is necessary to consult with people who have read decent books and who have achieved results. There are many good, interesting books that are worth reading.
Title: Re: Thoughts on Crypto-backed loans? Post by: Corelianer on June 27, 2018, 08:42:27 AM cryptocurrency can protect your credit money, but then you need a rating system. if you work it out then Yes, it is possible to do
|