nonce_byte

40-60% collateral ratio? That’s kinda hefty, especially considering BTC could nosedive like it did last year. The interest rates are between 3.5% and 7%, which isn’t terrible, but I’d rather just hold my coins unless I…

It’s all in fiat for repayment, including interest. Makes sense they offer cash upfront but expect fiat back. Using Bitcoin as collateral is the play here, not as part of the payment.