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Updated almost 4 years ago on . Most recent reply

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29
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Noah Milstein
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29
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Loan with crypto collateral

Noah Milstein
Posted

Does anyone know of any lenders that accept crypto as collateral? Most DeFi platform loan have very short loan terms, which got my thinking that perhaps a hard money or private lender would accept crypto as collateral for a loan on a longer term. Has anyone seen anything like this?

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Aaron K.
  • Specialist
  • Riverside, CA
3,802
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Aaron K.
  • Specialist
  • Riverside, CA
Replied

Probably not, it is far too volatile, think of it like a stock margin account, those are constantly monitored and you could get margin called if you leverage too far because an asset turned against you.

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