BitoPro, a Taiwan bitcoin and cryptocurrency exchange, announced it is launching BitoDebt, a new regulatory compliant debt purchase platform – on November 26th, 2019 at 3 PM (UTC+8).
The new service will provide users with new ways to manage their assets. Users will have the opportunity to earn a guaranteed interest through purchasing debt. The platform comes with a “Repurchase Agreement” disclosed in the plans to make sure it is suitable for those interested.
Initial Debt Purchase Plan Details:
- BitoDebt’s 1st Debt Purchase Plan: USDT (8.5% Annualized)
- Issue Date: 2019/11/26 15:00:00 (UTC+8) to 2019/11/29 14:59:59 (UTC+8)
- Total Units: 3000 units
- Amount Per Unit: 100 USDT
- Plan Duration: 7 Days
- Interest Date: 2019/11/29 15:00:00 (UTC+8)
- Expire Date: 2019/12/6 15:00:00 (UTC+8)
- Purchase Limits: Level 2 verification required, maximum purchase of 100 units per plan.