BiKi.com Launches Lending, Another Step to Becoming a Blockchain Financial Center

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7th January, 2020, Singapore – Digital assets trading firm BiKi.com has been
launching leverage and staking, amongst
other financial products on its platform. The latest product on offering is digital asset lending, another
strategic step the exchange is taking towards becoming a financial center in
the blockchain industry.

Mirroring elements of traditional finance where
loans can be obtained by mortgaging real estate, cars or stocks (securities),
digital asset lending replaces securities with sought-after digital assets such
as Bitcoin and Ethereum, to be used as collateral for loans.

According to data compiled since July 2010,
Bloomberg analysts have declared Bitcoin the
decade’s best-performing asset
with posted gains of more than 9 Million %. In
the past year alone, the cryptocurrency has managed to rebound from its low of
USD 3,700 with a cumulative increase of more than 200%, becoming the de facto
darling of the capital markets.

Concurrently, the development of the crypto
industry has also spawned new financial services for crypto assets. Especially
during a market downturn, financial services can prove to be essential
investment tools. 

Introducing BiKi Fast Loan

The BiKi Fast Loan is a service where you can
pledge your digital currencies such as BTC, ETH and other popular currencies as
collateral for USDT.

This will come as welcome news for digital
currency investors who might lack liquidity but do not want to miss out on a
BTC skyrocketing moment that a Bitcoin halving or potential bull runs might
trigger.

Core Advantages of BiKi Fast Loan

1. Multi-currency Pledging

BiKi Fast Loan currently only supports choice of
pledge in BTC, ETH and EOS, with more currencies to be launched in the future.

2. Simple and Convenient Lending Process

– Select the type of pledge currency and enter
the amount of USDT to be loaned.

– The system will auto-calculate the pledge
amount required.

– BiKi Fast Loan works 24-7 and loans can be
received within seconds.

– Pledged assets will be released upon full
repayment of the USDT borrowed.

3. Lowest Interest Rates

Interest
rate is calculated daily at 0.04%. So how low is
this interest rate? Suppose you borrowed 10,000 USDT, it would work out to just
4 USDT per day. With the impending halving of Bitcoin and the rise in value of
the collateral currency, you might even see an increase in value when you redeem your assets.

4. Interest-free Fast Loan

In line
with BiKi’s mindset to “Let Users Benefit”, by shifting some of the gains from
exchange to users, and to celebrate the launch of BiKi Lending, the
community-oriented exchange has organized a “30 Million USDT Interest-free
Loan”.

5. Safe and Reliable

Fund security is of utmost importance to every
user and is also a top priority for BiKi. BiKi’s transaction mechanism operates
with high-level security and BiKi uses a completely offline multi-sig to store
private keys.

Blockchain Financial Center

Presently, the size of the digital asset lending
market is huge. The market value of Bitcoin has reached USD 143.35 billion and
the size of the bitcoin lending market has been estimated to be about USD 14.3
billion. With about 60 million cryptocurrency holders worldwide, the digital
currency lending market has huge potential for development. Major exchanges
entering the digital asset lending market has also seen the arena becoming
increasingly competitive.

In the future, BiKi.com will
integrate wealth management into the lending segment to further enrich the
functions of lending products to accommodate more user needs. BiKi is committed
to becoming the most comprehensive lending platform in the industry. Its
initiatives here and elsewhere can be seen as a reflection of its financial
ambitions – to be a major financial center in the blockchain industry.

BiKi founder Winter has mentioned in an
interview that “2020 will be the year
blockchain develops around financial infrastructures – the year of
decentralized finance (DeFi).”

Crypto-asset financial services will definitely
be a strategic direction for BiKi’s future development.

About BiKi.com

Headquartered
in Singapore, BiKi.com is a
global cryptocurrency exchange ranked Top 20 on CoinMarketCap. BiKi.com
provides a digital assets platform for trading more than 150 cryptocurrencies
and 280 trading pairs. BiKi.com is focused on providing the safest, most stable
and most effective cryptocurrency trading platform. 100% of the transaction
fees are used in buyback and burning of platform token, BIKI. Since its official
opening in August 2018, BiKi.com is considered one of the fastest-growing
cryptocurrency exchanges in the world with an accumulated 2 million registered
users, 130,000 daily active users, over 2,000 community partners and 200,000
community members. BiKi.com has received investments from Huobi co-founder Du
Jun, Genesis Capital Zhu Huai Yang, FBG Capital, ChainUP and others totaling
approximately 10 million USD.

Media Contact:

Marketing Team

Chang Jie Lin, BiKi.com

[email protected]

+65-94556702

Cecilia Wong, yourPRstrategist.com

[email protected]
+65-91826605

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