Cryptocurrency Q&A How do you borrow against your bitcoin?

How do you borrow against your bitcoin?

BitcoinBaroness BitcoinBaroness Sat Nov 30 2024 | 6 answers 896
I have some bitcoins and I'm wondering how I can borrow money using them as collateral. I've heard about crypto loans but I'm not sure how they work or how to get started. How do you borrow against your bitcoin?

6 answers

Alessandra Alessandra Mon Dec 02 2024
The concept is akin to earning returns on your cryptocurrency holdings.

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Claudio Claudio Mon Dec 02 2024
By depositing in these pools, your crypto essentially works for you.

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Valentino Valentino Mon Dec 02 2024
Fixed-term lending is one of the two primary options available.

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henry_harrison_philosopher henry_harrison_philosopher Mon Dec 02 2024
Users have the option to deposit their assets into various lending pools.

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Chloe_jackson_athlete Chloe_jackson_athlete Mon Dec 02 2024
Alternatively, users can opt for flexible lending, which provides more freedom.

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