If you want to borrow against your Bitcoin, you can take a look at Firefish. Non-custodial, Bitcoin-native, 3-3 multisig, loans without credit score, fiat in your bank account and no monthly repayments.
But keep an eye on the liquidation, so it might be better to deposit more BTC than required anyway (50% LTV)
This is perfect for anyone who doesn’t want to sell their BTC but needs cash. Firefish’s no-fuss approach is tempting, though I’d probably toss in more collateral than the 50% LTV just to sleep easy during a flash crash. What’s everyone’s strategy for managing that risk?
Thanks nostr:nprofile1qqszx098dx9qqvnz3n3t4y54jvcys85drv5p2wygzrshcqa5h232w0gmghfl6 , isnthere any tutorial or step by step? This will be really helpful for some friends.
And each Firefish loan comes with thorough contractual documentation that will make your accountant extremely happy.
(Disponibile anche in Italia, con interfaccia e materiale di supporto in italiano)
