Borrow Bitcoin SV online with YouHodler
Looking down the list of coins and tokens found on CoinMarketCap, one will see a few different options that have the word “Bitcoin” involved. There is a reason for that but today, we’re just going to focus on the very latest addition to the Bitcoin fork family called Bitcoin SV (BSV). Also referred to as Bitcoin Satoshi Vision, BSV is the result of a hard fork from Bitcoin Cash. Opposing opinions from Bitcoin Cash developers created this hard fork which officially came to the market on November 15, 2018. It’s a controversial coin but still a great option for a BSV loan on YouHodler. Here’s why.
What is BSV and how is it different from Bitcoin?
Before we go into the benefits of a BSV loan, let’s aim to define the difference between BSV and BCH. Bitcoin SV claims to be the “real and original Bitcoin.” To do this, BSV developers restored the original protocol and increased the block size to allow for as many transactions as possible. In the future, BSV aims to increase its block size to multiple gigabytes. BCH, on the other hand, is not so aggressive in this regard. Furthermore, BSV wants to be more than just a method of payment. The organization wants to create an obvious choice for miners and let businesses build applications on top of it.
What are the pros and cons of a BSV loan
BSV is far from another altcoin that will fall by the wayside. It’s worth mentioning that Bitcoin SV is sponsored by CoinGeekMining and the development done by nChain, a well-known company responsible or numerous patents involving Bitcoin’s technology. Since day one of its creation, Bitcoin SV has been less profitable for miners compared to Bitcoin Cash and Bitcoin. However, potential profits tend to fluctuate regularly. If BSV really wants to see long term, healthy growth, then the team needs to focus on making it more attractive for both corporations and consumers alike. Right now, there is little utility for this coin which is what makes it a fantastic option for a BSV loan on YouHodler. Here’s how to get one.
How to get a BSV loan on YouHodler
As HODLers wait for Bitcoin SV value to reach its true potential, YouHodler decided it was the right time to add BSV coin to its platform. Hence, HODLers can get an instant loan using their BSV as collateral and unlock the value without selling. Simply sign up on YouHodler.com today and get a BSV loan up to $30,000 (BSV to USD or BSV to EUR) with LTV’s as high as 90%. Many claim Bitcoin SV future still has a long way to go so instead of selling, get cash for HODLing and visit us today.
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