Borrow
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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.
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.
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.
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.
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.