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TagsWhat are the current LTV rates for cryptocurrency loans?
SabrunTheDevDec 17, 2021 · 3 years ago1 answersCan you provide information on the current Loan-to-Value (LTV) rates for cryptocurrency loans? I'm interested in knowing the rates offered by different platforms and how they are calculated.
1 answers
- At BYDFi, one of the leading cryptocurrency lending platforms, the current LTV rates for cryptocurrency loans are competitive and transparent. The platform offers LTV ratios ranging from 50% to 75%, depending on the specific cryptocurrency and market conditions. BYDFi uses advanced risk assessment models and real-time market data to determine the LTV rates, ensuring fair and accurate evaluations. It's important to note that the LTV rates may vary over time due to market fluctuations and changes in risk factors. Therefore, it's recommended to check the latest rates on the BYDFi platform before applying for a loan.Dec 17, 2021 · 3 years ago
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