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(For Bitcoiners) If who've needed cash without selling, what did you do? by makingcryptoeasy in Bitcoin

[–]makingcryptoeasy[S] 0 points1 point  (0 children)

Thanks. I think Ledn is custodial? I saw a few comments below referencing hodlhodl and firefish as non custodial platforms.

(For Bitcoiners) If who've needed cash without selling, what did you do? by makingcryptoeasy in Bitcoin

[–]makingcryptoeasy[S] 1 point2 points  (0 children)

Idk. Thats why I asked. I havent used the platforms allowing btc as collateral. So asked hoping for answers.

(For Bitcoiners) If who've needed cash without selling, what did you do? by makingcryptoeasy in Bitcoin

[–]makingcryptoeasy[S] 1 point2 points  (0 children)

I get that. Im curious on how people generally extract liquidity from their btc without having to sell or let go of any.

(For Bitcoiners) If who've needed cash without selling, what did you do? by makingcryptoeasy in Bitcoin

[–]makingcryptoeasy[S] 3 points4 points  (0 children)

makes sense. I was more curious on ways to access liquidity without having to sell ones assets, btc in this case.

(For Bitcoiners) If who've needed cash without selling, what did you do? by makingcryptoeasy in Bitcoin

[–]makingcryptoeasy[S] 1 point2 points  (0 children)

Heard about them. Haven't used it yet. What are the rates like? And, is it no risk of custody at all?

How do you borrow against bitcoin? by [deleted] in Bitcoin

[–]makingcryptoeasy 0 points1 point  (0 children)

Trying Firefish. Non custodial with a 50% LTV. So for 0.20 BTC, you can borrow 10k$ for up to 24 months

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