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How are cryptocurrency loans supposed to work? If I need own enough crypto assets as collateral to cover the loan value, whats the point in getting a loan?
by WatchDog 4y ago
How are cryptocurrency loans supposed to work?
If I need own enough crypto assets as collateral to cover the loan value, whats the point in getting a loan?
- ahtihn 4y agoSame point as getting a margin loan against your stocks. Leverage.
- pcthrowaway 4y agoAlso avoiding taxable events, and keeping a desirable position