Post
Topic
Board Altcoin Discussion
Re: Would you borrow in cryptocurrency?
by
goaldigger
on 16/06/2019, 11:34:07 UTC
I am interested in opinions about borrowing in cryptocurrency.
If a cryptocurrency will have low price volatility, then would you borrow in that token?

If not please tell why?

I have never experienced borrowing a cryptocurrency but i think its based on the contract that agreed upon. Im sure the base fare would be the current crypto value. For example, if i loan $1000 of ETH payable for 3 months, either the value increase or decrease, i would still pay exact amount.