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    Bitfinex Borrow Adds Cardano (ADA) as Collateral
    • Jan 19, 2021
    • 2 min

    Bitfinex Borrow Adds Cardano (ADA) as Collateral

    ROAD TOWN, British Virgin Islands, January 19, 2021, 10:00 AM UTC – Bitfinex, a state-of-the-art digital token trading platform, has added Cardano (ADA) as collateral on Bitfinex Borrow, a peer-to-peer (P2P) digital token loan portal. Bitfinex customers will be able to obtain loans of up to 70% of the value of their ADA holdings in US Dollars (USD) and Tether tokens (USDt). At the date of this announcement, the borrowing rate for ADA was 11.68% Annual Percentage Rate (APR). “
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