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Vladar49
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Blockchain Startup, Deribit Bridges Gap between Crypto-USD Loans

Thu Jul 26, 2018 5:20 pm

Cryptocurrency traders who are in need of a loan, but don't want to sell their cryptocurrency holdings are set to benefit from Deribit blockchain powered loan solutions. The Amsterdam based Derivatives company, who started its first forays into cryptocurrency by offering Bitcoin Futures and Options trading services, will now enable borrowers to post crypto assets as loan collaterals without the fear of a margin call.
Deribit platform reduces borrowers and lenders risk through its innovative derivatives concept, eliminating the problems of margin calls. Derivatives works as a contract that owns its value to the performance of an underlying asset. Deribit’s solution leverages the Put-Options of derivatives to facilitate risk-free, crypto-backed loans for both lenders and borrowers. Put-Option acts like an insurance policy for the collateral.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/blockchain-startup ... usd-loans/

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