Borrow BTC to Get USDT and Stablecoin Loan on Tokex.pro Exchange

Borrow BTC to Get USDT and Stablecoin Loan on Tokex.pro Exchange

Crypto Loans: Get Stablecoin in Minutes

Crypto loans are amazing tools for two kinds of crypto users: first, the ones that need an amount to make profits on their trading, and second, the people who hold crypto for the long term. They’re very different profiles, so how can this loan service suit both?

There are many cryptocurrencies that are worth keeping for the long term, such as bitcoin or Ethereum. Instead of holding them in your wallet and waiting, you can achieve more. Lend them to Tokex: they will give them back to you at a set point in time. In the meantime, you immediately receive stablecoins that you can use to trade or make purchases. In short, you can use them for whatever you choose.

This innovative service offers a unique way for cryptocurrency enthusiasts to earn passive income from their digital assets and obtain stable coins like USDT, USDC, and BUSD for trading or selling.

1. To take out a crypto loan with Tokex, users simply provide a certain amount of their cryptocurrencies as collateral and receive a loan in stable coins in return. 
2. The loan-to-value (LTV) is set at either 50% or 70%, meaning that users receive 50% or 70% of the value of their collateral in the form of a loan. This helps to minimize risk and protect against the volatility of cryptocurrency prices.
3. The annual percentage rate for Tokex’s crypto loans ranges from 12% to 16%, and interest is calculated monthly and included in the repayment amount. 
4. Users can close their loans at any time, and if the price of their collateral falls to the liquidation level, the collateral will be automatically liquidated and the loan closed to protect against loss.

With low monthly fees and the added security of a regulated exchange, Tokex is a strong choice for anyone interested in taking out a crypto loan.

How to borrow cryptocurrency?

1. Calculate your crypto loan

Calculate your crypto-backed loan using different collateral and LTV options, then specify your payout address where you want to receive funds. Confirm it by phone or email.

2. Get crypto loan within minutes

Send the collateral and you will receive the loan amount on your payout address without any delays and additional checks.

3. Start spending

Use your loan as long as you want. 

4. Get back your collateral

At any moment you can pay your collateral back.

All You Need to Know About Crypto Loan on Tokex

What is Tokex Crypto Exchange

Tokex is a cryptocurrency Centralized Exchange dedicated to providing a safe platform for cryptocurrency trading, and convenient aggregator of qualified cryptocurrency throughout the world.

The team at Tokex aim to provide a compliant, secure, efficient, multi-featured, and easy-to-use trading platform accessible to anyone, anywhere, and anytime. Tokex goal is to expand and become a leading global blockchain solutions firm, providing innovative, secure, and cost-effective solutions for crypto people.

Trading is just one of the services of Tokex, as they provide a range of products to use cryptocurrencies and make the most from them. It’s available for the purchase and selling of cryptocurrency using the card and wire transfer, staking pools, crypto loans, and many more.

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