Lemon - one of the leading crypto exchanges in Argentina has just entered the traditional financial market with an innovative initiative. They have issued a Bitcoin-collateralized Visa credit card, marking the first product of its kind in the country.



What’s special about it? Users can borrow Peso without having to liquidate their Bitcoin. By locking a minimum of 0.01 BTC (equivalent to approximately 960 USD) as collateral, you can access a line of credit. This is a clever way for Bitcoin holders to leverage their assets while still maintaining their potential growth.

This trend reflects a shift in how crypto exchanges approach financial services—connecting the Web3 world with users’ everyday financial needs.
BTC-0,4%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
SelfStakingvip
· 01-15 20:10
Wow, finally an exchange dares to play like this. Not selling coins and still borrowing money? --- This is what crypto should look like. Financial freedom starts with never being forced to liquidate. --- 0.01 BTC can leverage a credit limit? Lemon's move is pretty clever. --- Wait, is this being launched in Argentina? No wonder, inflation is crazy there. Crypto enthusiasts need to find ways to protect their assets. --- Can they really avoid forced liquidation? Seems risky. --- Amazing, hodlers finally don't have to choose between selling coins and using money. --- One idea, but I'm still a bit worried about this collateral ratio setting. Could it be too aggressive? --- The clash between Web3 and traditional finance—this momentum needs to be maintained.
View OriginalReply0
TokenUnlockervip
· 01-15 20:07
Wow, Argentina's move is really clever. Finally, an exchange thought of this trick—hodl without selling coins and still borrow money. Isn't this exactly what we've been waiting for?
View OriginalReply0
DeFiAlchemistvip
· 01-15 19:53
*adjusts alchemical instruments* argentina finally unlocking the transmutation protocol... 0.01 btc collateral for peso liquidity without liquidation? that's the philosopher's stone we've been seeking, ngl
Reply0
LiquidityHuntervip
· 01-15 19:51
0.01BTC collateralized to borrow pesos... You need to consider the interest rate structure over there in Argentina to evaluate the arbitrage opportunity, seems like there's something there.
View OriginalReply0
FunGibleTomvip
· 01-15 19:46
Argentina has finally woken up; using Bitcoin as collateral to borrow Pesos—that's the real game.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)