MEXC Exchange Expands Loan Options by Accepting Bitcoin as Collateral
- MEXC now allows users to use Bitcoin as collateral for loans in USDT and USDC.
- Annual interest rates start at a competitive rate of 5%.
- The platform offers high initial Loan-to-Value (LTV) ratios of up to 85%.
- Users can borrow and repay funds flexibly at any time.
- The service enhances liquidity while allowing users to retain exposure to Bitcoin’s price movements.
This new feature enables clients to leverage their Bitcoin holdings without selling, providing greater financial flexibility in the cryptocurrency market.
With loans starting from just a rate of 5% and LTV ratios up to 85%, MEXC’s latest offering significantly improves access to liquidity for investors while maintaining their asset exposure.(Source)
