You can tap into the value of your Bitcoin without selling it when you get a Bitcoin backed loan! In this newsletter I dive into the details of how to do it, why you might consider it, and the risks involved.
Ledn, are a relatively new company, and are unproven as they have not been through a major financial crisis. Read their faq below. **Buyer beware** However I still think Ledn is superior to blockfi or others on the market.
"We may hold your digital assets in our name or in another name, and we may pledge, repledge, hypothecate, rehypothecate, sell, lend, or otherwise transfer or use any amount of such crypto assets, separately or together with other property, with all attendant rights of ownership, and for any period of time and without retaining a like amount of crypto asset, and use or invest such digital assets. We will use our commercial best efforts to prevent losses but there is a risk of loss."
Ledn, are a relatively new company, and are unproven as they have not been through a major financial crisis. Read their faq below. **Buyer beware** However I still think Ledn is superior to blockfi or others on the market.
https://ledn.io/en/faq
"We may hold your digital assets in our name or in another name, and we may pledge, repledge, hypothecate, rehypothecate, sell, lend, or otherwise transfer or use any amount of such crypto assets, separately or together with other property, with all attendant rights of ownership, and for any period of time and without retaining a like amount of crypto asset, and use or invest such digital assets. We will use our commercial best efforts to prevent losses but there is a risk of loss."