Bithumb Launches Domestic Coin Lending Service

Bithumb, in partnership with Blocktoreal, has officially launched its 'Coin Lending Service,' opening new horizons for investment strategies! Now, you can borrow virtual assets worth up to **four times** your collateral (held virtual assets or Korean Won) to maximize investment opportunities. This innovative service enables flexible investment strategies in any market situation. In a bull market, you can leverage borrowed virtual assets to invest in more assets and grow your profits. In a bear market, you can smartly realize arbitrage by selling immediately after borrowing, then buying back after prices fall and repaying the loan. Lending is available from a minimum of 100,000 KRW up to a maximum of 500,000,000 KRW, depending on membership grade. It initially supports 10 major virtual assets with marketability and stability, including Tether (USDT), Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). The range of supported assets will be expanded in the future. The usage period is up to 30 days, and a reasonable daily fee of 0.05% of the borrowed amount is charged. In case of automatic repayment, a risk management fee of 1.00% is applied. All fees are subject to the policies of Blocktoreal, the service operator. Bithumb prioritizes the safe investment of its customers. Before using the service, a thorough 3-step pre-education process, including agreeing to terms, directly inputting important phrases, and solving related quizzes, helps users fully understand and be aware of investment risks. A robust risk management system is also indispensable. If the value of the recognized collateral falls below 107% of the amount to be repaid, automatic repayment occurs, preventing excessive losses in advance. Furthermore, to minimize market shock due to large-scale liquidations, a 'Domino Liquidation Prevention System' has been introduced. This system thoroughly monitors market distortion conditions and only executes liquidation orders when the market is stable, thereby effectively controlling negative impacts on the market. A Bithumb official stated, "The Coin Lending Service was developed with a focus on investor protection and risk management. By combining a technical liquidation prevention system with a systematic pre-guidance process, we provide an environment where investors can use the service with confidence," they emphasized, and pledged to do their utmost to operate the service stably as a responsible platform.