April 4, 2023 – Miami, Florida
The crypto lending platform has launched the first true crypto loan margin account, alongside the ability for investors to materialize digital wealth in real estate.
Cryptocurrency lending platform, Moon Mortgage, has launched two products to help crypto investors materialize their digital wealth a mortgage for crypto investors and the world’s first crypto loan margin account, ‘Trade and Borrow.’
A first of its kind for crypto investors, Trade and Borrow means investors can finally borrow against the value of their crypto while still maintaining some control of it.
Investors using Trade and Borrow can still trade their digital assets after they have taken out a cash loan
meaning they don’t have to lose their potential upside.Investors using Trade and Borrow can be confident their crypto is secure.
Moon Mortgage and its affiliates are working with a fully chartered digital asset bank in the United States to enable Moon Mortgage to leverage an industry-leading custody solution that can provide borrowers peace of mind.
All digital assets are stored by Moon Mortgage with the bank on a like-for-like basis. Crucially, and unlike some competitor products, Moon Mortgage will never lend out the assets it takes as collateral.
Investors can take out a loan using Trade and Borrow on one-, three- and six-month terms. Borrowers have the option to renew their loans, and there is no prepayment penalty.
There are also no origination fees, and investors can easily exit their position when they feel the time is right.
The Moon Mortgage team has also focused on the need to keep the process as simple as possible, with investors able to receive their loans in as few as three steps.
Aaron Nevin, co-founder and CEO of Moon Mortgage, said,
“Against the backdrop of a very tough year for crypto investors, there is an obvious need to provide more options to help create material value
to ensure that investors can have as many options as possible, just as traditional retail investors have.“Trade and Borrow is how we are doing that. For too long, investors have had to ‘put up and shut up’ with how they can use crypto to create material gains
having to convert crypto into fiat in order to leverage that for major living expenses, such as buying a vehicle.“But we say you should be able to have your cake and eat it too. Trade and Borrow is our dream of being able to really use your crypto, without…
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