Category: Bitcoin loan

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Tether Liquidates Celsius Bitcoin Loan — ‘Position Has Been Liquidated With No Losses’ to the Company

Tether Liquidates Celsius Bitcoin Loan — 'Position Has Been Liquidated With No Losses' to the CompanyOn July 8, 2022, the company behind the largest stablecoin in the world, Tether, revealed that the firm liquidated a loan made to the crypto lender Celsius, and the liquidation caused “no losses to Tether.” According to the stablecoin issuer, the bitcoin loan to Celsius was “overcollateralized” by roughly “130%+.” Tether Liquidates Bitcoin Loan Taken […]

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The Best Tips on How to Get Bitcoin Loans Instantly

Bitcoin is one of the most popular digital assets that people invest in these days. As the sector grows, people have discovered that they can borrow with BTC loans that allow them to do other things in life and repay these loans according to set agreements. Fortunately, there are many platforms where people can borrow instantly. Usually, the lenders use your Bitcoin investment as the collateral until you repay the loan. The beauty of these loans is that you can borrow money against the value of your Bitcoins from the comfort of your home without having to care about credit

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Crypto Borrowing: Here Are Seven of the Best Interest Rates on the Market

Crypto Borrowing: Here Are Seven of the Best Interest Rates on the MarketCryptocurrency is sizing up traditional finance on its legacy turf of lending and borrowing with competitive interest rates (currently as low as 0.44% for ethereum and 4.50% per year for bitcoin) as well as less cumbersome verification procedures. Crypto holders present their virtual assets as collateral to get loans paid out in fiat or stablecoin. […]

The post Crypto Borrowing: Here Are Seven of the Best Interest Rates on the Market appeared first on Bitcoin News.

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