We’repleasedtoannouncetheadditionofTetherGoldascollateralonBitfinexBorrow,ourpeer-to-peer(P2P)digitaltokenborrowingplatform.
Bitfinexcustomerscanobtainloansofupto90%ofthevalueoftheirTetherGoldholdingstoborrowBitcoin(BTC),TetherDollar(USDt)andUSDollars(USD).CustomerscanalsousetheirBitcoin(BTC),TetherDollar(USDt)andUSDollars(USD)toborrowTetherGold(XAUt).??
TheadditionofTetherGoldmeansthatcustomersofBitfinexBorrowcannowuseuptonineteencurrenciesascollateralforborrowingandlending—Bitcoin,Ethereum,Polkadot,USDttokens,EOS,Cardano,Solana,Litecoin,XRP,UNUSSEDLEO,Tezos,Cosmos,Uniswap,Chainlink,IOTA,aswellasUSD,EuroandYen.
BorrowerscansimplyselectXAUtfromthelistofcurrenciestheywishtouseascollateral,displayedontheBitfinexBorrowpage,beforedepositingsufficientcollateralintotheirMarginwallet.BorrowersarecautionedtomanagetheirownriskandmonitorthefluctuationsintheXAUtprice.
BitfinexBorrowallowsuserstoborrowfundsfromotherusersbyusingtheircryptocurrencyorfiatassetsascollateral.FormoredetailsonobtainingapersonalloanonBitfinexBorrow,pleasevisitourknowledgebase.?
ImportantNotes
Nothinginthispostisfinancial,investmentorotheradvice.Nothinginthispostisanoffertoborroworlendorthesolicitation,recommendationorendorsementofanycourseofborrowingorlending.Anyreferencesinthisposttoreturnsareonlyhypotheticalandnotguaranteed.
*Therates,paymentamountsandcollateralpricereflectedrepresentanestimate,basedoncurrentmarketconditions,oftheinterestratesandamountspayablebasedontheloanamount,collateralanddurationselected.Thesevaluesarehypotheticalandnotguaranteedtobethesameas,orreflectiveoftheactualinterestrate,paymentobligationsorcollateralpriceapplicabletoaloanauserdecidestotake.Thisinformationisprovidedforinformationpurposesonly.
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