DitoBanx, a provider of financial products and bitcoin payment processing, announced on May 10, 2022 that its clients will be able to request credits in various fiduciary currencies and digital assets with bitcoin as collateral for the same.
Thanks to this innovative product, a company or natural person can decide the amount of the credit and the term in which they want the funds. This will automatically determine the interest rate. Once the required information is completed, the funds will be sent within 48 hours to the traditional account of the person who requested the credit.
Credits with bitcoin as collateral, the new DitoBanx product
To access this service, it is only necessary to enter the Dito Banx website. The guarantee for credits in bitcoin is protected in cold vaults by the company CoinLoan. This innovative product is possible thanks to the alliance with CoinLoanleaders in granting credits backed by bitcoin since 2017 in Europe.
“At DitoBanx we aim to improve the quality of access to working capital for small, medium and large companies that require innovative and specialized tools that allow them to take advantage of the opportunity to finance themselves by using bitcoin for that purpose.”
Guillermo Contreras, CEO and Founder of DitoBanx.
DitoBanx was the first Salvadoran Fintech licensed to provide tools for receiving payments with bitcoin, which include conversion and automatic delivery in dollars in the traditional account of companies. DitoBanx makes use of lightning technology so that bitcoin payments are instant and enjoy the confidence and security that companies need.
The company also has financial tools to carry out additional operations with bitcoin. “Credits guaranteed with bitcoin are an important innovation, since they allow access to capital in USD in an immediate, digital and secure way, without the need to dispose of said currency, thus maintaining the opportunity to capitalize on its value in the future. future”.
Guillermo Contreras, CEO and Founder of DitoBanx.
Within DitoBanx’s strategy, it is planned start operations in Mexico and the United States in the first half of 2022with the aim of continuing its plan to expand and consolidate the use of bitcoin as a means of exchanging value.
About CoinLoan
It is a financial company regulated under the license of the Estonian Financial Authority, which has been operating internationally since 2017. It grants collateralized loans in different cryptocurrencies and uses international custody services.
About DitoBanx DitoBanx
It is a licensed and regulated company under the laws of El Salvador. It provides bitcoin-based financial services to businesses and individuals globally for point-of-sale payment acceptance and international transactions. DitoBanx aims to promote the use of bitcoin as a standardized means of payment and enterprise-level value storage.
For more information, visit the website www.ditobanx.com or write to the email [email protected].
Disclaimer: The content and links provided in this article are for informational purposes only. CriptoNoticias does not offer legal, financial or investment recommendations or advice, nor does it replace the due diligence of each interested party. CriptoNoticias does not endorse any investment offer or the like promoted here. click here for more information.