How does the process of repaying a crypto home loan work?

1 answers

• JustTryingToLearnNov 05, 2024 · 8 months ago
  At BYDFi, the process of repaying a crypto home loan is straightforward. Once you've taken out a loan, you'll receive a repayment schedule outlining the amount and frequency of repayments. You can then transfer the required amount of cryptocurrency to the designated wallet address provided by BYDFi. Our smart contract system will automatically verify the transaction and update your loan status. It's important to ensure that you have enough cryptocurrency in your wallet to cover the repayment amount on the specified due dates. If you have any questions or need assistance, our customer support team is always available to help you.
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