Bitget announcement on Institutional Loans (Spot) upgrade

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Bitget Announcement2024/12/25 06:39

By:Bitget Announcement

Bitget has upgraded its Institutional Loans (Spot) service to better meet the needs of institutional users.

What are Bitget Institutional Loans?

Bitget Institutional Loans are tailored for institutions and market makers, offering 3x and 5x leverage for spot trading.

Optimizations

Multi-Risk Unit management: Each risk unit can be used independently, with LTV (Loan-to-Value) calculated separately.
Repayment reminder: Email reminders will be sent three days and one day before each repayment due date.

Key advantages

Collateral assets are locked in the Risk Unit (RU) spot sub-accounts.
Collateral assets can be traded in spot markets as long as the risk ratio (Loan-to-value, LTV) meets the requirements.
Supports a wide range of collateral asset types.
Offers competitive interest rates and flexible borrowing amounts.

Further reading:

Introduction to Institutional Loans (Spot)

Institutional Loans API

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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