Crypto Loans

  • Deposit cryptocurrency as security (collateral)
  • The available credit line in part of the equivalent of the collateral
  • Pay out the desired credit within the credit limit in euros (on the account) or a stable coin (on the wallet).
  • I have a financial bottleneck (broken car), but I don’t want to sell my crypto reserves
  • I want to buy more cryptocurrencies with the loan.
  • I want to “cash out” price gains, but not generate a tax incident because less than a year has passed since the purchase.
  • Nexo
  • BlockFi
  • LendaBit
  • Maker DAO
  • Compound
  • There are various ways to take out loans that are secured with cryptocurrencies.
  • To do this, you deposit Bitcoin, for example, and receive up to 75% of the equivalent as a credit line.
  • The easiest way to take out a crypto loan is with the provider Nexo.io.
  • The money is in the account within minutes. There are no CRISIL inquiries or other verification.
  • In addition, there are also a number of DeFi products that also enable crypto loans.

(Disclaimer!!!)

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