RenrenBit Pledges Bitcoin Borrowing, In Equivalent To The Equity And Stock Pledge


In a replied answer to a netizen question on Weibo, DGroup founder ZHAO Dong said that “Many people (including myself) believe that Bitcoin is a big bull market for a long time. However, when investors are short in fiat and reluctant to sell their Bitcoin. RenrenBit can lend investors cash using Bitcoin as collateral. It is a similar process to equity and stock pledge.


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Author: razeiv
Singer/Songwriter and a part of LFC Family

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