Brazilian Crypto Exchange Mercado Bitcoin Launches Flexible Crypto Collateralized Loans
Submitted by Anonymous (not verified) on Wed, 08/14/2024 - 07:50
Mercado Bitcoin, one of the largest Brazil-based cryptocurrency exchanges, has launched a loan product allowing users to receive credit in Brazilian reais secured by crypto collateral. The credits will be limited to 30% of the total held in crypto in the exchange, and liquidations will not be automatically executed, being examined on a case-by-case basis […]