South America has come up with a new trick again. An Argentine crypto platform has launched a Bitcoin-backed credit card, and this thing is pretty interesting — you can directly use Bitcoin as collateral to get a credit limit in local currency, without selling your coins.
How does it work? Lock in 0.01 Bitcoin (about $960), and you can get an initial credit limit of 1 million pesos. What does this mean? It means you can hold onto your Bitcoin during a bear market or when optimistic about the future, while also meeting practical spending needs. For users who are firmly bullish on Bitcoin but need liquidity, this is indeed a good option.
This type of product actually reflects a trend: crypto assets are gradually integrating into everyday financial life beyond just investment.
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PebbleHander
· 20h ago
Wow, finally someone combined crypto and Huabei. I’m impressed with Argentina’s move.
No need to sell your coins to spend? Now that’s the right way to do it.
Wait, 0.01 Bitcoin for 1 million pesos? Is this exchange rate a bit harsh?
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GasWaster
· 22h ago
Amazing, this is the real hodl plan. No need to sell at a loss and you can still spend money.
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quiet_lurker
· 01-15 19:17
0.01 BTC for 1 million pesos? Argentina's inflation is really crazy. What's there to be proud of?
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VibesOverCharts
· 01-15 10:17
Whoa, 0.01 Bitcoin for 1 million pesos? Argentina's move this time is truly awesome.
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GasFeeCryer
· 01-15 10:15
Argentina's move is pretty good, finally someone thought of this. Holding coins without selling and still being able to spend money.
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0xLostKey
· 01-15 10:14
Wow, this is the real hodl—being able to hold coins and spend money at the same time. Argentinians' approach is absolutely brilliant.
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AirdropBlackHole
· 01-15 10:03
Wow, just 0.01 Bitcoin can cash out 1 million pesos? That's an incredible leverage. Argentina's move this time is pretty intense.
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zkProofGremlin
· 01-15 10:03
Damn, just 0.01 coins can unlock a credit limit of 1 million pesos? Argentina is really playing with leverage, that's pretty intense.
Or maybe this is the future of finance—coins stay put, cash flows freely, I like that.
By the way, will platforms cut us off if we play like this? Need to understand the risk control conditions clearly before trying.
Feels like another real-world case of Bitcoin's adoption—finally it's not just hype.
Wait, will this kind of product blow up in a bear market? Imagine Bitcoin dropping another 30%...
Actually, it should have been done this way from the start. Why sell coins to use money? That's a stupid design.
South America is leading again; those platforms in the north better watch out.
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MoonlightGamer
· 01-15 09:53
Wow, 0.01 Bitcoin for 1 million pesos? These Argentinians really know how to play. Finally, there's a product that understands us.
South America has come up with a new trick again. An Argentine crypto platform has launched a Bitcoin-backed credit card, and this thing is pretty interesting — you can directly use Bitcoin as collateral to get a credit limit in local currency, without selling your coins.
How does it work? Lock in 0.01 Bitcoin (about $960), and you can get an initial credit limit of 1 million pesos. What does this mean? It means you can hold onto your Bitcoin during a bear market or when optimistic about the future, while also meeting practical spending needs. For users who are firmly bullish on Bitcoin but need liquidity, this is indeed a good option.
This type of product actually reflects a trend: crypto assets are gradually integrating into everyday financial life beyond just investment.