EVEN BETTER 😂 I CAN DEFINITELY BE THE CROISSANT MAINTAINER
Lmao. I think auto-translate might need a little help… or not 😂
ChaChi is dope. No doubt it will get recognition 💯 nostr:note13hau2cmge9mzxaqnawum0plg7qtthgmtmcsu27usvv6pwmcmv2tqly9all
We wake up, we say good morning #nostr 🌞
Crazier things have happened.
Coinbase now allows customers to use their bitcoins as collateral for loans. While this sounds straightforward, the process can be more involved.
1. Your BTC is converted into Coinbase Wrapped BTC (cbBTC).
2. cbBTC is transferred to Morpho, an Ethereum-based lending protocol.
3. You receive USDC stablecoins in your Coinbase wallet.
4. You likely need to convert USDC to fiat currency.
5. Finally, you withdraw fiat from Coinbase to your bank account.
Alternatively, you could use Firefish.io:
1. Your BTC is locked as collateral in an on-chain escrow.
2. Fiat currency is directly transferred to your bank account.
Get in touch if this second option sounds interesting to you.
https://www.coinbase.com/en-it/blog/now-get-a-USDC-loan-without-selling-your-bitcoin
#loans #coinbase #firefish
Firefish seems like a rad product Marco! I wasn’t familiar!!
?scaleup=true&width=614&maxheight=614&quality=85&lang=enLove this too 💯
Still deserved to be zapped 😂
