Results 1 to 8 of 8
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06-14-2021, 09:04 PM #1Member
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Crypto / Bitcoin positions - Anyone lend against them?
Does anyone lend or know someone that lends against Crypto / Bitcoin positions?
Thanks for any intro.
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06-15-2021, 04:57 PM #2Member
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Is this individual a miner or a trader? I'd be open to considering the deal zalman@askzalman.com
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06-16-2021, 12:20 PM #3Member
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- Jun 2017
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They are an investor.
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06-16-2021, 01:09 PM #4Member
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I'd be open to the deal zalman@askzalman.com
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06-18-2021, 03:43 PM #5Senior Member
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Wondering why they dont go to Curve or Blockfi or Aave...
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06-23-2021, 03:31 PM #6Member
Reputation points: 15
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- Sep 2020
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- 13
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
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06-23-2021, 03:47 PM #7Banned
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- Apr 2018
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- Aspen, Co
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Nexo
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06-23-2021, 07:21 PM #8Senior Member
Reputation points: 8723
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- Apr 2015
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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.
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