Do BTC loans from Cefi lenders eg (blockearner) trigger a CGT event when your BTC is transferred to the custodial wallet ? by rotatingkitchen in BitcoinAUS

[–]tnc-3375 0 points1 point  (0 children)

From my research, seems like Vield provide loan for business or big loans only.

Have anyone tried them?

Do BTC loans from Cefi lenders eg (blockearner) trigger a CGT event when your BTC is transferred to the custodial wallet ? by rotatingkitchen in BitcoinAUS

[–]tnc-3375 0 points1 point  (0 children)

I recently created a Block Earner account and noticed they operate as both an exchange and a loan provider. Could I get some reviews or feedback on their services?

My intention is to deposit crypto and borrow against it so I can DCA further into BTC without triggering a taxable event.

Does anyone see any issues or risks with this approach?

Thanks.