The loans service has been updated and now one can get a small loan of up to 8.500€ without
KYC/verification. You can check it out at loans.bankera.com. There will also be a blog entry about the update
and other stuff on Monday.
Why can't I use BNK as collateral?
Hi,
In the crypto-backed loans market, collaterals are typically major cryptocurrencies with large daily volumes, such as in our case BTC, ETH, XEM, and DASH. When a cryptocurrency becomes highly liquid in the market, it also becomes a better candidate to be used as a collateral currency. This also applies to BNK.