【ZB Announcement】ZB.com Launches Mortgage Loan Service
Dear ZB user,
ZB.com launches mortgage loan service, aims to provide more choices for users to better utilize their funds. With the service, users can choose to mortgage their cryptocurrencies to borrow QC or USDT, or mortgage their QC or USDT to borrow cryptocurrencies on ZB.com according to their demands. The borrowed funds can be sent to any market for trading. Users can purchase other currencies whose prices are rising, as well as other types of investments. Users also can choose the cycle of mortgage loan, it can be flexible for one day to 180 days，or it can be fixed for 30 days, 90 days and 180days. Currently, the supported currencies are BTC, ETH, QC and USDT, more currencies will be added in the future.
The features of mortgage loan service:
1.Mortgage Loan and Redeem Any Time: Users can mortgage their cryptocurrencies to borrow a certain amount of funds and redeem the mortgaged currencies at any time they need .
2.Simple Redemption: When the prices of mortgaged currencies are rising, the amount of the repayment is same, you can easily to redeem the mortgage currencies by repaying the borrowed amount on ZB.com.
3.Convenient and Easy to Operate: It is easy to make the mortgage loan. Register an ZB.com account and verify your account with real-name authentication, deposit the currency and apply for the loan. The borrowed funds will be credited to your account immediately after applying the loan successfully.
4.Multiple Currencies for Choice: The current supported currencies are BTC, ETH, QC and USDT, more currencies will be added in the future.
5.Flexible Mortgage Loan Cycle Setting: Users also can choose the cycle of mortgage loan, it can be flexible for one day to 180 days，or it can be fixed for 30 days, 90 days and 180days. The interest rate of the loan depends on the borrowing period selected by the users.
6.Security Guarantee: ZB.com sets up multiple risk control measures in users’ authentication, mortgage loan process, account security management and other related issues to guarantee the safety of users’ funds.
7.Effected by Market Price Fluctuations: the mortgage currencies will be effected by the market price fluctuations，users should pay attention to the price of the mortgaged currencies and manage the account positions at any time in case of the account being liquidated when the market price fluctuates.
For the fees of mortgage loan please visit https://www.zb.cn/i/rate?item=10 .
ZB Global Team
September 14, 2018