SBI VC Trade, a digital asset branch of Japan’s SBI Group, recently introduced Rent Coin: a novel lending service enabling SHiba Inu (SHIB) investors to generate passive income. This platform mimics conventional banking lending methods, keeping crypto assets secure while providing additional earnings.
Starting at 8:00 PM today, we’re accepting applications for lending in BTC, BCH, and SHIB coins. For more information, please click here. On mobile devices, you can apply through the app. #SBI #SBIVC #VCTrading #CryptoAssets (#VirtualCurrency) #Lending— SBI VC Trade (SBI VCトレード） (@sbivc_official) April 18, 2024
At the same time, the crypto exchange supports approximately twenty digital currencies, including well-known ones such as Litecoin (LTC), Avalanche (AVAX), and Chainlink (LINK). However, during the current hiring phase, individuals can amass ARKK tokens using a limited selection of seven cryptocurrencies, namely Shiba Inu (SHIB) and Bitcoin (BTC), until April 25th.
During the two-year lending period, those who borrow cryptocurrencies will accrue compound interest. The annual return rates are set at 2% for SHIB and BTC holders, while BCH holders earn a higher rate of 5%. Students must submit their applications by April 25th; unfortunately, cancellations won’t be accepted after this date. Due to its limited capacity, the approval process for loans from SBI VC Trade may be capped if an excessive number of applications are received.
During the financial crisis, a service like this was introduced, currently causing SHIB‘s price to be around $0.00002679. In the interim, investors who had the insight and fortitude are biding their time as they anticipate the market’s recovery en route to Bitcoin’s halving event.
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2024-04-21 04:20