Brazil’s Mercado Bitcoin Offers Flexible Crypto-Backed Loans

Mercado Bitcoin, Brazil's largest crypto exchange, has launched flexible crypto-collateralized loans

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These loans are designed with flexibility in mind, offering users various repayment options and competitive interest rates

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The new offering includes collateralizing major cryptocurrencies like Bitcoin and Ethereum, with loan amounts starting at R$10,000

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This service, launched in 2024, positions Mercado Bitcoin as a pioneer in Brazil’s crypto-financial landscape, catering to a growing market demand

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Users can access the loan service directly through Mercado Bitcoin’s platform, with real-time loan tracking and automated repayments

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