ByteX Today’s word: Collateral

📝 @ByteX is here with a new #WordoftheDay! 🥳

👉Today’s word: Collateral

#Collateral is any asset that a lender accepts as a form of security to ensure that the borrower repays a #cryptoloan.

#LearnwithByteX “One Byte(X) at a time!” 🎓

#JoinByteX now https://bytex.io — Trade, Borrow & #Earn 🚀

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ByteX

ByteX

443 Followers

ByteX is zero collateral crypto loans CeDeFi platform based in Canada and catering to both institutions and individuals globally.