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IRS Kills Tax Free Crypto Exchanges? Not Hardly.

Cryptocurrency Loans: Are They Loans for Tax Purposes?, Cointelegraph (November 16, 2017).

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Create an account and pass our effortless KYC. 2. Deposit your crypto assets to your Nexo wallet, provided by BitGo.

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Pegged to fiat and locked to bitcoin: Line of credit: Personal, personal with collateral, instant loans, business loans, IPOs, bonds, instant with collateral. Fee struc-tures: 10% on profit of lender: Borrowers pay: originating fee: 1% (6 wk), 1.5% (6 mo), 2% (12 mo) and 2.5% (36 mo) | Arrears fees: 1 EUR in bitcoin per email sent

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The average interest rate for Bitcoin loans lies around 15 and 25%, depending on the platform and perceived risk level. Depending on the site additional options are available, including the possibility to add a collateral, get a loan filled by multiple investors, auto invest and diversify loans, pay or receive early payments and peg amounts to other currencies like USD.

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