Spend Without Selling

One of the biggest challenges for crypto holders is using their digital assets for real-world purchases. Traditionally, this requires selling your crypto for fiat currency, which can be slow, costly, and may trigger a taxable event. Solix eliminates this friction entirely.

How It Works

With Solix, you can use your crypto holdings as collateral to fund your spending. Instead of selling your assets, you are essentially borrowing against their value. This allows you to meet your daily spending needs while your original crypto assets remain in your portfolio, continuing to benefit from any potential market appreciation.

This mechanism ensures you maintain your long-term investment position while gaining short-term liquidity. It's the best of both worlds: the convenience of cash and the potential of crypto.

Key Benefits

• Preserve Your Portfolio: Keep your crypto assets and their potential for future growth. You spend the value, not the asset itself.
• Avoid Taxable Events: Since you aren't selling your cryptocurrency, you may avoid triggering capital gains taxes that typically come with liquidation.
• Instant Liquidity: Access the value of your crypto instantly for everyday purchases, from your morning coffee to online shopping.
• Simplicity: No more complex off-ramping processes. Just top up your Solix account and spend.