Express

Crypto Exchange Bitfinex Introduces P2P Lending Service Bitfinex Borrow

Mary Liu

Summary: Crypto exchange Bitfinex today announced the launch of its new lending service: Bitfinex Borrow. Bitfinex Borrow is a peer-to-peer lending platform where users can use their cryptocurrency as collateral to borrow funds from others. Bitfinex serves as a technical service provider for both borrowers and lenders to conduct transactions. Borrowers can customize payment terms and ...

Crypto exchange Bitfinex today announced the launch of its new lending service: Bitfinex Borrow. Bitfinex Borrow is a peer-to-peer lending platform where users can use their cryptocurrency as collateral to borrow funds from others. Bitfinex serves as a technical service provider for both borrowers and lenders to conduct transactions. Borrowers can customize payment terms and loan terms according to their own needs and circumstances. After the collateral is topped up, the borrower can receive the loan as soon as the order matches with the lender successfully. Note that successful loans need to meet specific conditions and risk management.

By Mary Liu

Last Update:

Tags: ,,,
Link: Crypto Exchange Bitfinex Introduces P2P Lending Service Bitfinex Borrow   [Copy]
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 17 hours ago
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 15 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 22 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 26 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 29 days ago
  • You need to login to comment.