Despite what Dr. Craig Wright and a few other crazy individuals might say, we still don’t know the true identity of Bitcoin founder Satoshi Nakamoto. However, we can take a good guess about his/her belief. Seeing as Satoshi created crypto and blockchain, then we can say he/she favors the use of this technology in any way possible. Take the bitcoin loan for example. This little known investment tool can help multiply your portfolio during a bull run and hedge your assets during a bear market.
BITCOIN LOAN: A QUICK WAY TO GET CASH WITHOUT SELLING CRYPTO
Let’s pretend a bull run is starting. You want to quickly capitalize on these gains before it’s too late. However, you don’t have any money. Instead of selling your crypto assets for cash, consider a bitcoin loan. Crypto lending platforms let you use BTC and other cryptos as collateral in exchange for cash to reinvest in the crypto market. Whether this is for maximizing your profits, hedging your portfolio or paying mining expenses, this is a great way to get cash without selling crypto.
BITCOIN LOAN: A GREAT WAY TO BEAT THE BANKS
Bank loans often take days of paperwork and complex background checks. Meanwhile, you’re at their mercy when you need the money most. That’s why Bitcoin loan sites are the best for crypto enthusiasts. Usually, all it takes is a simple KYC process and within minutes, you have cash in hand. Without sounding overly revolutionary, these platforms really do help put the power back in the hands of those who need money the most.
BITCOIN LOAN: WHAT PLATFORM IS BEST FOR YOU
There are many bitcoin loan platforms out there but the most convenient, efficient, and versatile platform is YouHodler. With BTC, BCH, BSV, LTC, ETH and XRP as collateral options, crypto holders have a wide variety to choose from. Furthermore, they have USDT integration meaning you can both receive and pay back your loan within minutes. Compared to other platforms, this one is the most accessible for its low minimum loan amounts, global KYC acceptance (minus the U.S and China) and more collateral options than anyone else. If you are looking for a quick way to get cash without selling crypto, this is it.