Post
Topic
Board Service Announcements
Re: CoinLoan — Crypto-To-Fiat Lending Platform with a P2P Economy
by
KlounBit5
on 02/09/2018, 13:47:28 UTC
What is the point of taking a loan secured by crypto assets, if you can just sell them at any time and get cash? Help me to understand this question.


In theory, after a successful loan repayment, borrowers can still profit on their cryptocurrencies if exchange rates rise during the contract period.

And what will happen if the prices of these cryptocurrencies on the contrary fall, it turns out that in addition to interest on the loan will have to bear additional losses. Maybe have some kind of insurance?