INSUBCONTINENT EXCLUSIVE:
Bitcoin holders are using crypto-backed loans to purchase real estate without selling a single satoshi, allowing them to avoid triggering
capital gains taxes.The emerging trend is gaining momentum among early crypto adopters, entrepreneurs, and high-net-worth individuals who
told Cointelegraph.Bitcoin-backed lending models allow borrowers to leverage their crypto without divesting
loanBitcoin loans fund homes fastTo secure a Bitcoin (BTC) loan, clients lock up BTC at a typical 50% loan-to-value (LTV) ratio and receive
The average funding time for one lender is 9.6 hours, Di Bartolomeo said
These funds are then used either as a down payment or to cover the entire cost of a property.The model also offers some flexibility
Interest and fees accrue over the loan term, with no mandatory monthly payments
Repayment can occur anytime without penalties, and loans can be renewed if the LTV remains under 60%
the LTV reaches 80%, the lender sells the necessary amount of BTC to repay the loan, returning any remainder to the borrower
neededTraditional lenders often shy away from crypto due to regulatory uncertainty and credit risk
However, Di Bartolomeo said Bitcoin loans can bypass the need for credit scores entirely
as excess collateral when prices climbed.Di Bartolomeo added that more and more high-net-worth individuals are turning to Bitcoin-backed
Rather than cashing out, they are leveraging their BTC holdings to access hard assets like real estate, maintaining exposure to what they
With the product, qualified clients can access up to $1 million in loans while keeping their BTC.Magazine: Will Bitcoin tap $119K if oil
