Home Blockchain News This Instant Crypto Lender Reveals Where Millennials are Blowing Borrowed Bitcoin

This Instant Crypto Lender Reveals Where Millennials are Blowing Borrowed Bitcoin

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By CCN.com: CCN sat down recently with one of crypto’s biggest lending firms to hear insights into the emerging crypto-lending industry. Antoni Trenchev, co-founder of Nexo, discussed the millennial mindset when borrowing, as well as upcoming trends in his field. Lenders like Nexo, SALT, and others allow clients to borrow against their digital assets. This allows them to spend without cashing out crypto, a taxable event which requires capital gains tax payments and runs the risk of missing out on bullish upswings. paying taxes with bitcoin so you have to pay capital gains on paying your capital gains pic.twitter.com/0xsHLo6A35 —

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