Crypto Loans in a Bear Market

Almost everyone has been hit quite hard by this prolonged 9 month bear market. This means if you are holding cryptocurrency there is a good chance your portfolio is adversely affected. Major coins like Bitcoin and Ethereum are over 65% and 85% off of their highs. This is with smaller coins losing over 90 to 95!

Needles too say, a lot of people are hurting for cash. However, selling at the bottom of a bear market is never a good idea. No one wants to have to forcefully sell out of a positon only to see the prices recover slightly later. This is where the solution of cryptoloans comes in. Using the DAGT platform, users can lock their crypto assets into a smart contract and then leverage that for a USDT loan. This solves two problems. First, it lets you continue to hold your cryptoassets and not sell them at the bottom of a market. Secondly, it gives you the cash and liquidity that you desire.

The DAGT App will be launched within in the next couple of weeks and you will be able to secure crypto-backed loans. Feel free to contact us for more details.

For more details, please visit DAGT’s official website and keep following our social media platforms.

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