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Delio Curation

Ripple(XRP), Tether(USDT) New #Lending Products Launch

2023.01.18

Dear Delio Users,

 

In the reflection of the need to unlock the low-risk yield at a higher rate and a safe financial space, Delio, Korea’s leading crypto bank, announced the expansion of the previously existing Bitcoin (BTC) and Ethereum(ETH) lending services with a total of 7 products by adding Quantity-based loan product (1 product), Dollar-backed loan products (total of 3 products), and Tether-backed loan products (total of 3 products).

 

Please find details regarding Delio’s new lending products below.  

 

- Details –

 

USDT-based Lending (New Product)

- Digital assets available for lending: Bitcoin(BTC), Ethereum(ETH), Ripple(XRP)

- Lending method: USDT loans against USDT loans against BTC, ETH, and XRP as collateral, and repayment in USDT.

 

Dollar-based Lending (New Product)

- Digital assets available for lending: Bitcoin(BTC), Ethereum(ETH), Ripple(XRP)

- Lending method: USDT loans against Bitcoin(BTC), Ethereum(ETH), or Ripple(XRP) as collateral, and repayment with Bitcoin(BTC), Ethereum(ETH), or Ripple(XRP)

 

Quantity-based Lending (same as the existing Basic Lending Product)

- Digital assets available for lending: Bitcoin(BTC), Ethereum(ETH), Ripple(XRP)

- Lending method: Lending with Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) as collateral, repayment with Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP)

* Same as the existing Lending Basic product

 

We kindly ask for your continuous support.

Delio strives to make your cryptocurrency experience better.

 

Sincerely,

Delio.

Fee policy for withdrawal of virtual assets

The following fees are charged when withdrawing virtual assets from Delio Bank.

Virtual asset type Transmission fee (Gas fee) Withdrawal fee
Bitcoin (BTC) Charged according to network conditions 2,000 won worth of Bitcoin
Ethereum (ETH) Charged according to network conditions 2,000 won worth of Ethereum
Ripple (XRP) Charged according to network conditions 1 XRP

· There is no fee for transfers within Delio Bank.

· No withdrawal fee is charged for virtual assets other than Bitcoin, Ethereum, and Ripple.

· Please check the transfer fee for virtual assets other than Bitcoin, Ethereum, and Ripple when withdrawing.