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Introduction to Bit2Me Loan

How to request a loan collateralized by cryptocurrencies?
Through lending, a person or a company can obtain a loan in cryptocurrencies by using the digital assets they already own as collateral. At Bit2Me...
Mon, 22 May, 2023 at 3:38 PM
What are the interest rates applicable on Bit2Me Loan?
The applicable interest rate for Bit2Me Loan is 12%. However, there are also applicable discounts depending on the level of the user within the Sp...
Mon, 22 May, 2023 at 3:42 PM
How can I get a discount on the applicable interest rate?
Acquiring the Bit2Me (B2M) utility token and increasing your level within Space Center. Space Center is the new levels system which benefits Bit...
Mon, 22 May, 2023 at 3:50 PM
What is Loan to Value (LTV)?
Loan to value (LTV), is the relationship between the value of the loan amount and the value of the guarantee or collateral, expressed as a perce...
Mon, 22 May, 2023 at 4:07 PM
What LTV can I get from my assets?
At Bit2Me Loan, we have set a 50% LTV; that is, the collateral must be twice the value of the cryptocurrencies loaned or pending return.
Mon, 22 May, 2023 at 3:56 PM
What cryptocurrencies are accepted as collateral?
Currently, Bit2Me Loan accepts Bitcoin and Ethereum with 50% LTV as collateral, and B2M token with 20% LTV. If you provide 1 BTC as a collateral, ...
Mon, 22 May, 2023 at 4:00 PM
Is it possible to have more than one cryptocurrency loan at the same time?
Yes, as long as you have the required cryptocurrencies and amount of cryptocurrencies available as collateral. However, at Bit2Me we recommend not...
Mon, 22 May, 2023 at 4:06 PM
Do I have to pay taxes for a loan with cryptocurrencies?
Analyzing and seeking professional help with the taxes and tax policies applicable in each case is solely and exclusively the responsibility of ea...
Mon, 22 May, 2023 at 4:18 PM
Do I have to pay taxes for depositing cryptocurrencies as collateral?
Analyzing and seeking professional help with the taxes and tax policies applicable in each case is solely and exclusively the responsibility of ...
Mon, 22 May, 2023 at 4:22 PM