If you are a digital art owner and want to use the value of your collections without selling them, BitToro has you covered. Now you can use your NFTs as collateral and borrow against them through our OTC service. Below are the key points:
Supported collections: Bored Ape Yacht Club and CryptoPunks. New collections are on the way, which will be announced in the coming weeks;
Loan currency: stablecoins and ETH among other cryptocurrencies are available for loan withdrawal;
Loan to cost ratio: up to 20%;
No liquidation risk: no automatic redemption even if the price of your NFT goes down;
No credit checks: fast loan approval without the hassle of credit scores and inquiries;
White-Glove Service: You will be assigned a dedicated account manager to help you take full advantage of our new product.