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Why Would I Borrow Instead of Selling My NFTs?
Selling your NFTs means closing your position on that particular NFT. Hence, if you are long on the NFT, you would not be entitled to additional upside gains. By borrowing, you are able to obtain liquidity without selling your NFTs. Users are mainly borrowing for unexpected expenses, leveraging their holdings, or for new investment opportunities.
Last modified 8d ago
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