We’re pleased to announce the addition of IOTA as collateral on Bitfinex Borrow, our peer-to-peer (P2P) digital token loan portal, after it was successful in a recent social media poll. Bitfinex customers can obtain loans of up to 70% of the value of their IOTA holdings in US Dollars (USD). Borrowers can select IOTA from the list of currencies they wish to use as collateral, displayed on the Bitfinex Borrow page, before depositing sufficient collateral into their Margin wallet. Borrowers will have to manage their own risk of fluctuations in the IOTA price. Bitfinex Borrow allows users to borrow funds from other users by using their cryptocurrency or fiat assets as collateral. For more details on obtaining a personal loan on Bitfinex Borrow, please visit our knowledge base. IOTA is among 13 digital tokens available as collateral on Bitfinex Borrow, along with USD, euro and yen. Important Notes Nothing in this post is financial, investment or other advice. Nothing in this post is an offer to borrow or lend or the solicitation, recommendation or endorsement of any course of borrowing or lending. Any references in this post to returns are only hypothetical and not guaranteed. The rates, payment amounts and collateral price reflected represent an estimate, based on current market conditions, of the interest rates and amounts payable based on the loan amount, collateral and duration selected. These values are hypothetical and not guaranteed to be the same as, or reflective of the actual interest rate, payment obligations or collateral price applicable to a loan a user decides to take. This information is provided for information purposes only.