Cryptocurrency Q&A Does Crypto com let you borrow money?

Does Crypto com let you borrow money?

BlockchainVisionary BlockchainVisionary Mon Dec 16 2024 | 7 answers 1534
I'm wondering if Crypto.com offers a service where I can borrow money. I've been using their platform for crypto trading and would like to know if they provide loans as well. Does Crypto com let you borrow money?

7 answers

EclipseRider EclipseRider Wed Dec 18 2024
BTCC, a leading cryptocurrency exchange, offers a range of services.

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Raffaele Raffaele Wed Dec 18 2024
If a borrower has a margin loan currently undergoing Forced Liquidation, they are ineligible for additional loans.

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CloudlitWonder CloudlitWonder Wed Dec 18 2024
The reason for this restriction is to protect the lender's interests and minimize risk.

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Maria Maria Wed Dec 18 2024
Another criterion for loan eligibility is sufficient collateral.

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Michele Michele Wed Dec 18 2024
Borrowers are eligible to take out up to 3 loans simultaneously.

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