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A Digital Asset Loan is a service offering that allows you to borrow funds using your digital assets as security. Picture this a traditional loan, but instead of putting up your house as guarantees, you're using your Bitcoin to secure financing.
Many copyright platforms will require you to provide a certain percentage of your Bitcoin as collateral. This proportion is known as the loan-to-value ratio.
In case of non-payment your loan, the lender can auction your digital assets to make up for the debt.
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- Secured loans
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