It’s a two-year loan, and it comes with 10% yearly interest. If the given cryptocurrency’s value drops more than 50%, the buyer will face a margin call
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Real Estate Firm Propy Is Rolling Out Crypto-Backed Loans to Buy Houses
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Propy is selling a $250,000 condo in Honolulu with a loan option requiring 100% Bitcoin or Ethereum collateral and the condo, offering a two-year term at 10% interest while safeguarding crypto holdings during repayment
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