The top digital currency financial services platform, BitLeague, revealed today that it will provide USD loan services based on crypto.
BitLeague will offer customers industry-leading bitcoin-backed loans through DigitAmex LLC, its lending arm (US licensed). Without selling their bitcoin assets on www.bitleague.com or through the BitLeague App, cryptocurrency investors will be able to borrow 3.99 percent APR. Based on term, loan to value ratio, etc the loan rate will be changed.
Yifeng Mao, founder of BitLeague stated that this is a new milestone for their business. HE added that clients have enjoyed their zero-commission bitcoin trading service, and hence, they can avail loans from them at a very competitive rate. He said the clinets could do this without selling bitcoin investment. Yifeng said that they see a substantial demand from clients for this essential product.He further added that having received the Lending License from California, this bitcoin-backed loan service will be rolled out from this market and they hope to cover the entire US in the short to medium term.
About BitLeague
BitLeague LLC, with offices in Palo Alto and New Jersey, is registered in Delaware and provides one-stop crypto financial services globally. BitLeague is committed to offering transparent services to consumers, including Bitcoin Term Deposits, ZERO bitcoin trading services for commissions, and Bitcoin backed loans.
For more information visit https://www.bitleague.com
