News rolls out crypto loans using spot accounts

Monday 9 December 2019 13:04 CET | News has announced the launch of its new feature called ‘Crypto Loan’ where funds in the spot account can be used for loan requirements.

The solution enables users to lock their funds to borrow other funds that they require for trading, without having to transfer their assets into their margin accounts. Users can use their spot accounts to borrow capital for trading. This is an option for users to expand their capital opportunities, especially when they don’t hold enough funds to fulfil their trading requirements.

With emerging lending companies and exchanges, as well as other service providers, the blockchain space has become fragmented along the way. While this is a good sign in terms of adoption, the lack of regulation can make it challenging for traders to seek multiple platforms for their specific requirements, according to As a result, the company agrees that using one platform which provides both trading and lending services allows users to capitalise on other trading features of it to boost their profits. is a global blockchain asset exchange platform established in 2013, that supports trading and storing assets in over 200 cryptocurrencies.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Crypto Loan,, loans, crypto, crypto trading, blockchain, platform
Categories: DeFi & Crypto & Web3
Countries: World
This article is part of category

DeFi & Crypto & Web3

Industry Events