Bitcoin-Backed Loans – Bitcoin Magazine

By akohad Dec8,2022 #Guides

[ad_1]

Loaning your bitcoin invites an element of risk that you may not need to incur. You should not make any financial, investment, trading or otherwise decision solely based on the information presented in this article.

Bitcoin lending will be the future of decentralized finance (DeFi). Many DeFi projects are currently sitting on Ethereum due to its built-in support for smart contracts and network effects, but this is changing rapidly.

Smart contract platforms are being built on Bitcoin to create a new ecosystem that offers the highest protocol security and the sound money network only an established asset like bitcoin can offer.

[ad_2]

Source link

By akohad

Related Post

Leave a Reply

Your email address will not be published. Required fields are marked *