BTCw.tech ($BTCW)
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  • What is Bitcoin World ($BTCw)
  • Project Background
  • GAME EXPLORER
    • 🧛‍♂️Business Man
    • 🐶Pets
    • 🚜Farm
    • 💎𝕏 + Chest
    • 🛍️Marketplace
    • ▶️How to Play
  • ECONOMIC
    • 💲Borrow
      • Borrow Policy
    • 💱Convert
    • 🕖Staking
    • 💞Benefits of Sharing
  • PROJECT INFO
    • Tokenomic
    • Official Link
    • BTCw.tech Team
    • Roadmap
    • Privacy and Security
      • ⊹ Term of use
      • ⛉ Privacy Policy
  • Brand Identity
    • $BTCw Logo
    • Banner & Cover
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  • 1. Using BTC, ETH... or USDT as Collateral:
  • 2. Collateral Value Limit:
  • 3. Receiving BTCw Tokens:
  • 4. Repayment with BTCw Tokens:

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  1. ECONOMIC

Borrow

PreviousHow to PlayNextBorrow Policy

Last updated 1 year ago

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The borrow feature offers a unique opportunity for users to leverage their BTC, ETH... holdings as collateral to obtain BTCw tokens.

As a completely free-to-participate platform, the Borrow Feature offers a unique opportunity for users to leverage their BTC, ETH, ABR or USDT holdings as collateral to obtain Bitcoin tokens World ($BTCw).

You can borrow $BTCw by collateralizing your BTC, ETH... at 0% interest. You can receive your BTC, ETH... back whenever you want securely.

1. Using BTC, ETH... or USDT as Collateral:

The borrowing system allows users to use their BTC, ETH... holdings as collateral. This means that users can temporarily lock in a portion of their BTC, ETH... assets to access BTCw tokens.

You should prepare ETH as Network fee a

2. Collateral Value Limit:

Users can borrow up to a maximum of 85% of the value of the BTC, ETH... and 100% for USDT they provide as collateral. This ensures a responsible borrowing limit while allowing users to make the most of their existing assets.

3. Receiving BTCw Tokens:

Once the BTC, ETH... collateral is successfully deposited, users receive a corresponding amount of BTCw tokens in return. These tokens can be used within the BTCw.tech ecosystem for various purposes.

4. Repayment with BTCw Tokens:

To retrieve the collateralized BTC, ETH..., users are required to repay the borrowed BTCw tokens. This process essentially functions as a means of repayment. By using BTCw tokens, users can reclaim their original collateral.

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