Leading Japanese Financial Firm SBI Holdings Rolls Out Crypto Lending Services
A subsidiary of SBI Holdings said it's launched a service allowing users to ‘lend’ bitcoin to the firm and earn an interest at the rate of 1% annually in return.
Nov 24, 2020 at 8:22 p.m. UTCUpdated Aug 19, 2021 at 5:50 a.m. UTC
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A subsidiary of major Japanese financial services firm SBI Holdings has launched ‘crypto lending’ services that will allow users to deposit bitcoin (BTC) and earn interest.
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- According to the announcement, the minimum and maximum amount of bitcoin users can deposit is 0.1 BTC and 5.0 BTC respectively.
- The announcement also said the firm will charge no account management fees or membership fees for the service.
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