๐Ÿ‡ง๐Ÿ‡ท "Boosted Purchase" โ€“ Bitybank Launches Loans for Buying ๐Ÿ’ธ Cryptocurrencies

Morgan Ellis

๐Ÿ‡ง๐Ÿ‡ท "Boosted Purchase" โ€“ Bitybank Launches Loans for Buying ๐Ÿ’ธ Cryptocurrencies

โžก๏ธ The Brazilian fintech Bitybank has launched "Boosted Purchase," a new feature that allows customers to obtain credit 100% digitally to expand their cryptocurrency investments, eliminating bureaucratic hurdles.

โžก๏ธ This solution offers loans structured as Bank Credit Notes (CCB) with up to 50% lower costs compared to traditional methods, such as credit cards with rates of 5% to 7%. Lower costs make crypto investments more accessible and remove financial barriers.

โžก๏ธ "Boosted Purchase" allows users to leverage their capital between 2x and 10x. Customers request the loan via the app and use the amount to acquire digital assets, which are held as collateral and released once the contract is settled. Additionally, early liquidation of assets is possible to pay off the debt.

โžก๏ธ This feature is now available to all Bitybank customers with a minimum balance of R$20.00 in their account.

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