Weeks after Blur launched its NFT lending platform, Binance launched its non-fungible tokens (NFT) loan feature, enabling users to borrow Ether (ETH) using blue-chip NFTs as collateral. The launch comes around two years after Binance launched its NFT marketplace.
Binance Users Can Now Borrow ETH with NFTs
On Thursday, Binance, the world’s leading crypto exchange, forayed into…

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