Does anyone lend or know someone that lends against Crypto / Bitcoin positions?
Thanks for any intro.
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Does anyone lend or know someone that lends against Crypto / Bitcoin positions?
Thanks for any intro.
Is this individual a miner or a trader? I'd be open to considering the deal zalman@askzalman.com
They are an investor.
I'd be open to the deal zalman@askzalman.com
Wondering why they dont go to Curve or Blockfi or Aave...
if merchant sends bitcoin to our wallet, ill lend against it with a stop loss in place.
feel free to call me 929-605-4130
Nexo
Tough to lend against Bitcoin because you can't do a smart contract with it yet (though a few firms are working on this). But you can lend against any ERC-20 token (i.e. any crypto built on Ethereum network). You would just do an 60-70% advance, and program in the smart contract to liquidate if the crypto moves X% down (or give them 24 hours to pledge more collateral). Some big names are working on this now, it will be prevalent soon.