We should remind readers that crypto loans are typically overcollateralized. If you want to borrow $100, you need to provide $120 in crypto, or more. The advantage of crypto loans is that there are no forms to fill out, loan managers to talk to, or payment deadlines. Although, if your collateral dips, you do risk being liquidated.

Besides all that, there are still plenty of reasons why borrowing is better than spending your own crypto. Some of it is taxes. Some of it is all that was mentioned in the post.

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