Damus
EinfachBitcoin profile picture
EinfachBitcoin
@EinfachBitcoin
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)
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Logen · 53w
https://media.tenor.com/FTNfPSv_D6IAAAAC/jack-nicholson.gif
PHESKY · 53w
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?
Yogev · 53w
Thanks nostr:nprofile1qqszx098dx9qqvnz3n3t4y54jvcys85drv5p2wygzrshcqa5h232w0gmghfl6 , isnthere any tutorial or step by step? This will be really helpful for some friends.