๐ง๐ท "Boosted Purchase" โ Bitybank Launches Loans for Buying ๐ธ Cryptocurrencies
๐ง๐ท "Boosted Purchase" โ Bitybank Launches Loans for Buying ๐ธ Cryptocurrencies
โก๏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.
โก๏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.
โก๏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.
โก๏ธ This feature is now available to all Bitybank customers with a minimum balance of R$20.00 in their account.
#CryptoLoans #Bitybank #CryptoInvestment #Blockchain
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