Replying to Callum

I haven't used Debifi myself yet (but following it with interest). I take loans from another provider in USDt and then convert that USDt to fiat by a little bit of a roundabout way (but one that nets me a an additional 4%).

Loans against BTC collateral is a very promising area for development (and with more competition will come better options and lower rates). That's because BTC is the best form of collateral.
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SUPERMAX 11mo ago

What are you using?

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Callum 11mo ago

For USDt loans? Currently using Bitfinex with a relatively small amount of BTC that was already KYCd. Will go with HodlHodl soon for better privacy. Bitfinex does have a fairly frictionless UX though, which is convenient. Probably I will pay off the loan on Bitfinex with USDt from an HH loan and then reuse the freed BTC collateral on Bitfinex. Could keep recycling it in that way.

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SUPERMAX 11mo ago

I assume you are in Europe then? At least not in US?

77
Callum 11mo ago

Not in the USA, no.

Bitfinex loans unavailable to US Americans ?

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SUPERMAX 11mo ago

Yes. Same with hodlhodl & many others. Zero P2P available here stateside