ViaBTC Adds Dogecoin Support

Mining pool ViaBTC has updated its crypto lending service, adding Dogecoin (DOGE) to the list of supported assets and lowering interest rates to 0.025% per day. This information was officially posted on the platform’s blog, where the key features of the new offer are also listed.

The update is primarily aimed at miners who need to regularly pay for current expenses, such as electricity, rent for computing power, and equipment maintenance. Instead of selling their digital assets in a weak market, users can now use them as collateral and receive liquidity in the USDT stablecoin while preserving their tokens. The platform's representatives emphasized in a statement that the update was developed taking into account not only the practical needs of miners, but also feedback from the crypto community. Now lending has become more accessible: instant loans in USDT can be issued against assets such as Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), and now the DOGE rain token. At the same time, there is no need to undergo KYC verification, which makes the process of receiving funds even more convenient and fast.

The ViaBTC team also clarified that along with the launch of Dogecoin support, the daily interest rate was reduced, which is now only 0.025%. This change applies to all new loans issued after the update was released, and makes the borrowing terms some of the most favorable on the market. To use the service, the user only needs to send the required amount of DOGE to a special collateral wallet, after which the corresponding amount in USDT will be credited to his credit account. The pledged assets remain at the client's disposal and are used exclusively as collateral for the transaction.

You can get a loan and read the details of the terms in the corresponding section on the official ViaBTC website. For the convenience of customers, there is also a step-by-step instruction, and if you have any questions, there is a support service and a help center ready to help at all stages of interaction with the service.