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A Bitcoin Loan is a tool that enables you to borrow capital using your copyright as collateral. Think of it as a traditional loan, but instead of putting up physical property as pledge, you're using your Bitcoin to obtain funds.
Typically, lenders will require you to provide a a specific amount of your digital assets as collateral. This proportion is known as the loan-to-value ratio.
Should you fail to repay your loan, the financial institution can liquidate your copyright to make up for the debt.
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The copyright lending market is rapidly evolving, offering a innovative alternative to traditional finance. One of the most attractive aspects of copyright lending is its ability to grant capital without relying on established credit score checks. Lenders who may have faced obstacles accessing loans through conventional lenders can now leverage copyright lending platforms to secure the funding they need.
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