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Demand for XRP Loan Surges and Interest APR Up to 292%

2021-01-31 20:42:41Read:27791

The Gate.io lending market is a peer-to-peer market. Gate.io does not participate in lending or borrowing. When the market fluctuates dramatically for a certain coin, the demand for loans may increase. If demand surpasses the loan presence, some traders may find that they have no coin to borrow. As Gate.io complies with its principle of non- participation, we do not provide loans in this case. But we will do our best to keep users updated with the lending market status and facilitate the willing lenders to loan out.

The Gate.io lending market for XRP has seen an interest rate of up to 292% APR. If you are interested in lending your XRP, please loan out at https://www.gate.io/margin/lend/XRP


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Gate.io Team
January 31, 2021

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