Starting this Friday, a new tool will be introduced that allows users to obtain Ethereum loans exclusively. Initially, the tool will support NFTs from popular collections such as Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), Azuki, and Doodles. The platform intends to introduce additional choices in the coming times.Also Read This Related: <a href="https://cryptosheadlines.com/binance-removes-several-aud-trading-pairs-delisting-announcement/" rel="noopener noreferrer nofollow">Binance Removes Several AUD Trading Pairs: Delisting Announcement</a>Binance is introducing a new feature on its marketplace that lets people with digital assets borrow Ethereum by using their NFTs as collateral.Binance is launching a new service called Binance <a href="https://cryptosheadlines.com/brave-browser-introduces-nft-gated-video-calls-for-web3-users/" rel="noopener noreferrer nofollow">NFT</a> Loan, which allows users to borrow cryptocurrency, starting with ETH, by using valuable NFTs as collateral. The platform promises attractive interest rates, quick access to funds, no transaction fees, and protection for the borrowed assets.Visit Our Website For More Informative Content: <a href="https://cryptosheadlines.com/" rel="noopener noreferrer nofollow">https://cryptosheadlines.com</a>

Binance Introduces NFT Loan Option

CryptosHeadlines.com

Other articles published on May 25, 2023

Ron DeSantis says foresees trouble for Bitcoin under Democrat regime

Crypto Executives Seek Washington Influence Anew, Tethered by FTX Anchor

KING and Wormhole: Revolutionizing Cross-Chain Memeability

FART COIN (FRTC) and Melega Join Forces, Offering New Rewards for Crypto Lovers

Wanchain Web3 Domains Integrates the ENS Domains

Avalanche Beginner’s Guide – Part 2

Join our free newsletter for daily crypto updates!