u/No_Theory_1557

Hey everyone,

I’m curious if anyone here (especially from India) has actually taken a loan against their Bitcoin instead of selling it.

I’m trying to understand how this works in practice in India

Also, from a regulatory standpoint, it feels like a grey area. Crypto itself is allowed as an asset, but not legal tender, and lending against it isn’t clearly regulated yet.

For those who’ve actually done it:

• Was it worth it vs just selling BTC?
• Any hidden risks or bad experiences?
• Would you do it again?

Trying to figure out if this is a real alternative for liquidity in India.

Would love to hear real experiences.

Hey everyone,

I’m curious if anyone here (especially from India) has actually taken a loan against their Bitcoin instead of selling it.

I’m trying to understand how this works in practice in India

Also, from a regulatory standpoint, it feels like a grey area. Crypto itself is allowed as an asset, but not legal tender, and lending against it isn’t clearly regulated yet.

For those who’ve actually done it:

• Was it worth it vs just selling BTC?
• Any hidden risks or bad experiences?
• Would you do it again?

Trying to figure out if this is a real alternative for liquidity in India or still too early/risky.

Would love to hear real experiences.