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Frank-Sinatra

Lets say i have tether or usdc on the sidelines,

can i borrow against it?

#cryptocurrency #english #nexo
0

7 ответов

13 просмотров
Jimbo-Jones

Yes

0
16.03.2022
Frank-Sinatra Автор вопроса
Jimbo Jones
Yes

What? And what is the LVT?

0
16.03.2022
Jimbo-Jones
Frank Sinatra
What? And what is the LVT?

What do you mean what? You asked if you can borrow and I said yes. What’s the LTV? Not sure maybe 90%? It’s on the website

0
16.03.2022
Frank-Sinatra Автор вопроса
Jimbo Jones
What do you mean what? You asked if you can borrow...

Thank you. But what are the risks if you borrow against usdc? Its pegged to the dollar? How can you get liquedated?

0
16.03.2022
Chris-
Frank Sinatra
Anyone?

You can't take out a loan using purely stablecoins as collateral. There would be no purpose since they don't appreciate and also won't gain interest.

0
16.03.2022

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