These loans are given with the hope to steal your BTC.
Discussion
You think they’ll rug pull customers? While I think there are better Bitcoin platforms, I’d still trust Coinbase more than a traditional lender.
How much would you trust a traditional lender? 🧐
That’s kind of my approach, I’d rather borrow through Coinbase than a bank. Very interested to see what some of these Bitcoin-backed loans look like on other Bitcoin platforms like Strike.