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Jon Fletcher
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174
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Cryptocurrency or Bitcoin Mortgages

Jon Fletcher
Posted

Does anyone have experience with crypto or bitcoin mortgages / lending? It seems that the space is growing rapidly and it's something that I'm considering. The benefit is that, in some cases, you use your cryptocurrencies as collateral, so you don't have to sell them and pay capital gains tax. Some mortgage providers that I've found include Milo, BlockFi and Alchemix.fi. What are everyone's thoughts? 

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Chris Seveney
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Chris Seveney
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ModeratorReplied

@Jon Fletcher

What the prior poster was saying is if you wanted a 90k loan On blockfi for example it will be 7.8 bitcoins.

The crypto collateral you must provide is significantly higher.

  • Chris Seveney
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