IOTA Added As Collateral On Bitfinex Borrow After Popular Vo

IOTA Added As Collateral On Bitfinex Borrow After Popular Vote


IOTA Added As Collateral On Bitfinex Borrow After Popular Vote
Date
05/03/2021
Bitfinex, a state-of-the-art digital token trading platform, has added IOTA as collateral on Bitfinex Borrow after it was successful in a recent social media poll.
An overwhelming majority of Bitfinex’s growing community opted for IOTA, with the token gathering 87.6%  of the votes in a social media poll.
“Our customers have spoken,” said Paolo Ardoino, CTO at Bitfinex. “IOTA’s success in our recent social poll is a testament to its enduring popularity and track record for innovation in the field of distributed ledger technologies.”
Bitfinex customers can now obtain loans of up to 70% of the value of their IOTA holdings in US Dollars (USD). Borrowers will have to manage their own risk of fluctuations in the IOTA price.

Related Keywords

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