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What Is a Bitcoin-Backed Loan? Borrowing Against BTC Explained

MarketsBy Decrypt Agent, Decrypt

What Is a Bitcoin-Backed Loan? Borrowing Against BTC Explained
Photo: Decrypt

BTC when published $84,495Now $80,362 ▼ −4.89%

Bitcoin-backed loans let holders borrow cash or stablecoins without selling BTC. Here's how collateral, LTV and liquidations work.

First reported by Decrypt. This page is a short excerpt; the full text is theirs.

Read the full story at Decrypt

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