Nebeus Unveils Three Innovative Crypto Loan Products to Enhance Market Portfolio

Nebeus, a leading name in cryptocurrency lending, has announced the introduction of three new crypto loan products, marking a significant expansion of its services. Based in London, UK, the company made this announcement on June 11, 2024, highlighting its continued commitment to innovation and broadening the scope of financial solutions it offers to the market. The newly launched loan options include Interest-Only Loans, Bullet Loans, and Mirror Loans, each designed to cater to different borrower needs and preferences.
Interest-Only Loans offer borrowers the flexibility to pay only the interest portion monthly, with the principal amount due at the end of the loan term. This model is aimed at providing better cash flow management for the borrower. Bullet Loans simplify the repayment process by requiring a single lump sum payment at the loan’s maturity to cover both the principal and interest, thus removing the need for monthly payments. Mirror Loans present an innovative approach for borrowers to effectively double their Bitcoin holdings without additional capital. In this arrangement, Nebeus matches the borrower’s Bitcoin deposit with an equivalent Bitcoin purchase, which is added as extra collateral for the loan.
The first two products are available for Bitcoin (BTC) and Ethereum (ETH) collateral, while Mirror Loans are exclusively for BTC. All loans feature a conservative Loan-to-Value (LTV) ratio of 50% and have a 12-month term. These offerings complement Nebeus’ existing flexible loans, which cater to a broader range of investment needs and risk profiles, supporting 24 different tokens as collateral and offering LTV ratios from 50% to 80% for terms up to 36 months.
Sergey Romanovskiy, the Founder and CEO of Nebeus, emphasized the company’s expertise in the lending landscape and its focus on tailoring offerings to meet user demands and preferences. He expressed pride in Nebeus’ ability to provide a comprehensive portfolio of cryptocurrency loans, aimed at offering customers unparalleled flexibility and convenience.
For more information, interested individuals are encouraged to visit Nebeus’ official website.
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