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Use Tether Gold (XAUt) to Borrow Crypto on Bitfinex Borrow

BITFINEX

相關類型: Others

2022-03-31 20:33

  Were pleased to announce the addition of Tether Gold as collateral on Bitfinex Borrow, our peer-to-peer digital token borrowing platform.

  Bitfinex customers can obtain loans of up to 90% of the value of their Tether Gold holdings to borrow Bitcoin , Tether Dollar and US Dollars . Customers can also use their Bitcoin , Tether Dollar and US Dollars to borrow Tether Gold .

  The addition of Tether Gold means that customers of Bitfinex Borrow can now use up to nineteen currencies as collateral for borrowing and lending—Bitcoin, Ethereum, Polkadot, USDt tokens, EOS, Cardano, Solana, Litecoin, XRP, UNUS SED LEO, Tezos, Cosmos, Uniswap, Chainlink, IOTA, as well as USD, Euro and Yen.

  Borrowers can simply select XAUt from the list of currencies they wish to use as collateral, displayed on the Bitfinex Borrow page, before depositing sufficient collateral into their Margin wallet. Borrowers are cautioned to manage their own risk and monitor the fluctuations in the XAUt price.

  Bitfinex Borrow allows users to borrow funds from other users by using their cryptocurrency or fiat assets as collateral. For more details on obtaining a personal loan on Bitfinex Borrow, please visit our knowledge base.

  Important Notes

  Nothing in this post is financial, investment or other advice. Nothing in this post is an offer to borrow or lend or the solicitation, recommendation or endorsement of any course of borrowing or lending. Any references in this post to returns are only hypothetical and not guaranteed.

  The rates, payment amounts and collateral price reflected represent an estimate, based on current market conditions, of the interest rates and amounts payable based on the loan amount, collateral and duration selected. These values are hypothetical and not guaranteed to be the same as, or reflective of the actual interest rate, payment obligations or collateral price applicable to a loan a user decides to take. This information is provided for information purposes only.