Post
Topic
Board Bitcoin Discussion
Re: Can someone recommend reliable service for bitcoin-backed loan
by
wo4baba
on 22/03/2022, 18:00:37 UTC
Dyor but you could use something like https://compound.finance after converting the BTC to wrapped BTC and then using it as collateral (at 60-80% - I'd keep a good margin on there if you can).

Transaction fees for the whole thing are around $200 too so you might want to consider if it's worth it.

ok, thank you, do you know is there any mortar and brick financial facility in New York that handles BTC-backed loans, I prefer an established company because I've googled a few mall companies using outsourced reception service to answer ...