ByBit launches in-house cryptocurrency lending service.
Cryptocurrency exchange ByBit is the latest major platform to roll out an in-house cryptocurrency lending service for users.
Meanwhile, borrowers on ByBit’s exchange can take out loans to tap into funds for a variety of trading options on the platform. Borrowers must post an equal or greater amount of collateral assets in relation to the loaned amount to safeguard lenders’ investments.
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