Xapo Bank launches Bitcoin-backed USD loans targeting hodlers

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Xapo Bank Launches Bitcoin-backed Loans

Xapo Bank Launches Bitcoin-backed Loans Xapo Bank has just expanded its offering of US dollar loans backed by Bitcoins.

CoinStats - Xapo Bank Unleashes Bitcoin-Backed Loans—Borr...

Xapo Bank is revolutionizing bitcoin finance with a game-changing loan service—borrow up to $1M in USD without selling your BTC. Bitcoin-Backed Loans: A New Era of Crypto Credit Xapo Bank has introduced a bitcoin-backed loan service, enabling qualifying members to secure USD loans without liquidating their bitcoin holdings. The new offering, available through the Xapo […]

Key news: Xapo Bank has launched a Bitcoin-backed loan service, allowing for up to $1 million in BTC as collateral. The offer is limited to certain regions, excluding the UK and Australia, and seeks to expand the range of products available to international customers. Xapo focuses on providing secure and reliable financial services, in contrast to predatory practices seen on other platforms. Xapo Bank has launched a new service that allows its c…

Xapo Bank launches Bitcoin-backed loans

Xapo Bank is providing its members access to Bitcoin-backed lending and loans, allowing them to leverage their Bitcoin holdings as collateral. The product will initially offer several features to protect members’ investments and aims to ease borrowing while also enabling qualifying members to retain their Bitcoin as a long-term financial instrument. By using Bitcoin as collateral, qualifying Xapo Bank members can access USD funds without selling…

Xapo Bank launches Bitcoin-backed USD loans targeting hodlers - WorldNL Magazine

Xapo Bank, a global cryptocurrency-friendly bank headquartered in Gibraltar, is betting on crypto lending revival by launching Bitcoin-backed US dollar loans.Qualifying Xapo Bank clients can now access Bitcoin (BTC) loans of up to $1 million, the firm said in an announcement shared with Cointelegraph on March 18.The new lending product is designed for long-term Bitcoin hodlers who want to access cash while keeping their BTC, Xapo Bank CEO Seamus…