OnChain_Detective
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 ne
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 ne
BTC2,05%