Sentences with phrase «collateral for fiat»
Celsius will allow customers to use their Celsius Wallet to use crypto tokens as collateral for fiat currency loans (dollars).
http://links2exchange.net/
For example, we offer loans against Bitcoins — where the coins are used as collateral for fiat currency loans.
Not exact matches
The fiat proceeds of any short sale serve as collateral for the borrowing of the bitcoins until those bitcoins are repaid.
If there is a rising demand for a fiat pegged cryptocurrency then it will be trading higher than its real price so it's possible to make money in creating (locking up BTS collateral) and selling it on the market.
Apparently, during current cryptocurrency market condition, fiat exchanges are burdened with traffic and traders who want to leverage from the bear market have found an easier way to unlock liquidity by pledging tokens as a collateral in ETHLend to receive more Ethereum for other cryptocurrency or token trading.»
Bridgecoin serves as a collateral token that can be exchanged for fiat currency, while Sweetcoin is a discount token that reduces or even eliminates user fees.
The GLX is 100 % backed on a 1 - to - 1 ratio and for every GLX issued by the Prime Bank there will be collateral ibn fiat currencies and gold.
Borrowers put up as much as 200 percent in crypto - asset collateral, for fiat currency loans issued at interest rates ranging from 10 percent to 25 percent.