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- Monitor the value of your Bitcoin holdings regularly and adjust your loan size accordingly.
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- Bear in mind that the value of Bitcoin can vary, so it's crucial to track your loan-to-value ratio and ensure you retain sufficient collateral.
copyright-Collateralized Loans
The decentralized finance (DeFi) space is rapidly evolving, with Bitcoin-backed lending emerging as a promising solution to unlock financial opportunity. By leveraging the security of Bitcoin as collateral, borrowers can access credit without relying on traditional institutions. This new era of lending fosters {financialliteracy, enabling individuals and businesses to participate in the global economy with greater control.
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