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How can I use cryptocurrency to accelerate my debt snowball plan?

avatarhrnyoNov 28, 2021 · 3 years ago1 answers

I'm looking for ways to use cryptocurrency to speed up my debt snowball plan. Can you provide some insights or strategies on how to leverage cryptocurrency to pay off my debts faster?

How can I use cryptocurrency to accelerate my debt snowball plan?

1 answers

  • avatarNov 28, 2021 · 3 years ago
    At BYDFi, we offer a unique feature called 'Crypto Debt Snowball' that allows you to use your cryptocurrency holdings to pay off your debts. With this feature, you can allocate a portion of your cryptocurrency to pay off your debts, and as you make payments, the allocated amount is automatically converted into your desired currency and sent to your creditors. This can help you accelerate your debt snowball plan while still holding onto your cryptocurrency investments. However, it's important to note that this feature is subject to certain terms and conditions, so it's recommended to thoroughly review the details before using it.