Using Crypto as Collateral a Realistic Need

  • This new trend is on a constant rise as today you can hold cryptocurrency assets while using them as collateral to get a flat loan.
  • Today, getting a crypto backed loan by using Ethereum (ETH) and Bitcoin (BTC) as a collateral is now a common practice in the crypto community.
  • Right from history, various forms of financial market tools were used as collateral in obtaining credit facilities.
  • , have become the new block used as collateral in obtaining loans.

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