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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

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