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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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7052576 No.7052576 [Reply] [Original]

Can I actually just take out a loan on a coin valued at $27 that I bought for $14?

>> No.7052614 [DELETED] 

You bought Salt for $14?

>> No.7052623

No. Only a small portion of the loan is payable in these made up tokens

>> No.7052667

>>7052576
>Can I actually just take out a loan on a coin valued at $27 that I bought for $14?
what? yea i guess so. i assume they lock in USD value when you give the crypto for collateral

>> No.7052700

>>7052576
has anybody even used this shit and gotten their cash loan? i legit need cash by March and would rather not liquidate my current holdings for it. but i've heard people on the highest membership tier who applied in december still haven't gotten their cash or even heard from them

>> No.7052746

>>7052700
haven't tried it yet, but i doubt they have a working product yet. idk, but that would be cool if ppl already been using it

>> No.7053005

Can I buy a bunch of Nano S Ledgers from the SALT store and sell them on Ebay?