APX Lending has launched a five-year revolving credit product backed by Bitcoin and Ethereum, with an interest rate starting at 10.49%. Borrowers can draw and repay credit on demand, with no origination, prepayment, or liquidation fees.
ChainCatcher, citing The Block, reports that APX Lending has introduced a five-year revolving credit product backed by Bitcoin and Ethereum, with interest rates starting at 10.49%. The company said borrowers can draw and repay credit on demand, with no origination fees, prepayment penalties, or liquidation charges.
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