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duytdcrypto
@duytd1
🔷🔶 Cryptocurrency-backed mortgages are a type of loan that allows borrowers to use their cryptocurrency assets, such as Bitcoin or Ethereum, as collateral to borrow money to buy real estate. This method allows borrowers to access capital without selling their digital assets. By retaining ownership of the cryptocurrency, borrowers can still benefit from future price increases. There are three main types: purchase mortgages, cash-out refinances, and bridge loans. However, it is important to consider the volatility of cryptocurrencies and carefully assess the risks before deciding to use this type of mortgage.
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