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Any reason why Celsius doesn’t want you to swap your

loan for other crypto? Just liability/regulations? Seems like it would be a useful feature.

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swap your loan? you mean the collateral for your loan? that's celsius property until u finish / repay the loan

Kristian- Автор вопроса
Blue Mew
swap your loan? you mean the collateral for your l...

No, I mean the loan itself. Which is my property.

Kristian- Автор вопроса
Kristian
No

How do you know that there's no loan/swap abilities? I haven't heard specifics on that.

Kristian- Автор вопроса
Xineohp
How do you know that there's no loan/swap abilitie...

“Users who have taken out a fiat or stablecoin loan can NOT use the Swap product using their loan proceeds. Before using the Swap feature, you must certify that you will NOT use the Swap feature using loan proceeds.”

Kristian
No, I mean the loan itself. Which is my property.

The loan is not your property. It's just given to you because u have given Celsius your asset. If btc crash 75%, even you loan may not be able to cover the fallen value.

Kristian
“Users who have taken out a fiat or stablecoin loa...

I see, I was not aware of that. Don't know why it would be as such.

Kristian- Автор вопроса
Mobox To Pluto
The loan is not your property. It's just given to ...

The loan is my property. If Celsius fails to liquidate that is their problem.

Kristian
The loan is my property. If Celsius fails to liqui...

Your property is your asset given to Celsius

Kristian- Автор вопроса
Kristian
The loan is my property. If Celsius fails to liqui...

Which is why they really should work on automatic liquidation.

Xineohp
I see, I was not aware of that. Don't know why it ...

Alex said in Las Vegas, it’s so people don’t leverage and get wrecked. SEC would have deemed that as a BAD ACTOR move and dangerous for the investor.

Marcin Ruman
Alex said in Las Vegas, it’s so people don’t lever...

Agreed. Cause using loan amount to swap in-app is inviting regulators to come attack Celsius with reasons.

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