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Author Topic: Bitcoin collateral loan under $1,000  (Read 183 times)
ShadowBits
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February 08, 2019, 03:05:51 PM
 #21

I would like to borrow ~$500 USD using my Bitcoin as collateral but can't find a company that will make a bitcoin collateral loan for less than $1,000.

https://blockfi.com/ minimum is $2,000
https://saltlending.com/ minimum is $5,000
https://www.unchained-capital.com/ minimum is $10,000
https://nexo.io/ minimum is $1,000
https://www.cryptocredex.com/ minimum $1,000 (website looks super sketchy)

Can anyone recommend a company that will lend only $500?

I don't think that it is a good thing to use Bitcoin as collateral because they cannot really know when the price of Bitcoin will become valuable.
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