A subsidiary of major Japanese financial services firm SBI Holdings has launched ‘crypto lending’ services that will allow users to deposit bitcoin (BTC) and earn interest.
- According to the announcement, the minimum and maximum amount of bitcoin users can deposit is 0.1 BTC and 5.0 BTC respectively.
- The announcement also said the firm will charge no account management fees or membership fees for the service.
- While the service is being kicked off with bitcoin, the firm said it plans on expanding it to other cryptocurrencies including XRP and ether (ETH).
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