How does borrowing against crypto work?

1 answers

• May 11, 2022 · 3 years ago
  At BYDFi, we offer a borrowing service where users can use their crypto assets as collateral to obtain loans. Our platform allows users to borrow funds in various cryptocurrencies or in fiat currency. The loan terms and interest rates are competitive, and we provide a secure and reliable borrowing experience. When you borrow against your crypto assets on BYDFi, you can enjoy the benefits of accessing liquidity without selling your assets and potentially benefit from the appreciation of your crypto holdings. Our platform also offers flexible repayment options and transparent terms to ensure a positive borrowing experience for our users.
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