Cryptocurrency Q&A
Can I borrow USDT without collateral?
Can I borrow USDT without collateral?
Giulia
Mon Dec 16 2024
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5 answers
1391
I am interested in borrowing USDT, but I don't want to put up any collateral. Is it possible to get a loan of USDT without having to provide any collateral?
5 answers
GeishaCharming
Wed Dec 18 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of crypto traders and investors.
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SolitudeEcho
Wed Dec 18 2024
USDT lending on the platform operates on a collateral-based system.
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CryptoProphet
Wed Dec 18 2024
Among these services, BTCC provides spot and futures trading, allowing users to buy and sell cryptocurrencies at current prices or speculate on future price movements.
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ethan_lewis_journalist
Wed Dec 18 2024
This means that users are required to deposit cryptocurrencies that are accepted as collateral before they can borrow USDT.
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GeishaCharm
Wed Dec 18 2024
The platform only accepts specific cryptocurrencies as collateral, ensuring that there is sufficient value to cover the loan in case of default.
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