Cryptocurrency Q&A
How to borrow money from Bitcoin?
How to borrow money from Bitcoin?
Bianca
Thu Nov 28 2024
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5 answers
1350
I'm interested in understanding the process of borrowing money using Bitcoin as the collateral or means. What are the steps and platforms that allow this kind of transaction?
5 answers
Martino
Sat Nov 30 2024
The funds you receive can be in the form of fiat currency, like USD, or stablecoins, such as USDT.
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Chiara
Sat Nov 30 2024
BTCC is a prominent cryptocurrency exchange that offers a range of services.
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Maria
Sat Nov 30 2024
Borrowing against Bitcoin involves utilizing your BTC as collateral to obtain a loan.
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Sara
Sat Nov 30 2024
This process allows you to retain ownership of your Bitcoin without the need to sell it.
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EclipseChaser
Sat Nov 30 2024
By locking your BTC with a platform, such as Binance or KuCoin, you can secure funds in return.
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