Post
Topic
Board Bitcoin Discussion
Re: FIRST BITCOIN-BACKED LOAN ISSUED IN CANADA
by
blueteam09
on 08/11/2018, 17:23:05 UTC
FIRST BITCOIN-BACKED LOAN ISSUED IN CANADA

The first Bitcoin-backed loan has been issued to a Canadian company allowing cryptocurrency holders to liquify their assets without selling. Bitcoin Loan

Read more:
https://www.trackcoinmarket.com/crypto-news/37762/bitcoin-backed-loan-issued-canada
I still wonder that the rules for these loans. If this loan is paid based on the amount of Bitcoin you borrow, the downside market will create opportunities for you with loans to pay. But if the market goes up this is scary because the loan will increase many times.