The crypto derivatives exchange Bitget has launched a new crypto lending program that will let users stake their own coins in exchange for loans in another.
The platform aims to cater to borrowers who are dissatisfied with traditional lenders, a press release from the firm said.
It explained that the new program, dubbed the Crypto Loans program, will enable borrowers to use their coins as collateral to secure loans of an equivalent amount denominated in another cryptocurrency….
Read More: Bitget Crypto Exchange Ventures into Crypto Loans Market Despite 2022 Sector Challenges
The platform aims to cater to borrowers who are dissatisfied with traditional lenders, a press release from the firm said.
It explained that the new program, dubbed the Crypto Loans program, will enable borrowers to use their coins as collateral to secure loans of an equivalent amount denominated in another cryptocurrency….
Read More: Bitget Crypto Exchange Ventures into Crypto Loans Market Despite 2022 Sector Challenges