Strike launches Bitcoin-backed loans with no scheduled liquidations Strike says borrowers can keep their Bitcoin even during sharp price de…
Strike launches Bitcoin-backed loans with no scheduled liquidations
Strike says borrowers can keep their Bitcoin even during sharp price declines as long as loan payments remain current. However, the company's terms still allow collateral liquidation if the loan-to-value ratio breaches margin thresholds and borrowers fail to add collateral or repay part of the loan.
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