5 Reasons to Take a Loan Against Your Crypto

Figure 1: A part of a conversation with CoinLoan support

1. Save Money

2. Keep Crypto

3. Earn While Holding

4. Turn the Loan Upside Down

5. Avoid Borrower’s Risk

When It Doesn’t Work

  • You have no crypto-assets to use as collateral and want to get an unsecured loan. Unfortunately, CoinLoan doesn’t offer such a possibility.
  • You feel it’s the right moment to realize your crypto to make a maximal profit.
  • You gave up on crypto-assets; you don’t believe it’s a good long term play for your portfolio.

On a Final Note

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store