BitTrade Unveils Exciting Announcement for XRP and Shiba Inu Holders
Starting from November 21, a statement was published on BitTrade’s official blog announcing, “As of November 21, 2023, we will commence regular deployment of cryptocurrency assets for lending for Ripple/XRP (XRP) and Shiba Inu (SHIB).
For XRP, the minimum quantity that can be lent is 100 XRP, and the maximum is 500,000 XRP. For both XRP and SHIB, the lending period spans 90 days with an annual interest rate set at 2%.
As for SHIB, the minimum demand is 10,000,000 SHIB, while the maximum is 10,000,000,000 SHIB.
In addition to Dogecoin, this integration increased the platform’s total assets to 34. To celebrate the listing, BitTrade announced a promotional offer for cryptocurrency users.
The XRP Ledger was integrated by the cryptocurrency lending platform. Credefi Finance was integrated with XRP Ledger (XRPL), marking a positive development for Layer-1 blockchain.
Credefi is a fintech company with a platform offering P2P loans, cash lending, and asset-backed lending in the real world. Credefi aims to bridge the financing gap in the European Union by connecting cryptocurrency lenders with small and medium-sized company borrowers. The integration will enable Credefi to use Gatehub EUR and USD stablecoins and Bitstamp EUR.
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