<p>Crypto exchange Bitfinex is now offering personal loans in bitcoin (BTC) and ether (ETH) via its peer-to-peer lending platform Bitfinex Borrow.</p> <p>Users can borrow bitcoin in exchange for three fiat currencies and one stablecoin: US dollars (USD), euro (EUR), Japanese yen (JPY), and Tether (USDT). While for ether loans, users can only use USD as collateral.</p> <p>As for loan to value ratios, bitcoin loans are available for up to 80% of the value of USD, EUR, and USDT holdings, and up to 70% for JPY holdings.</p> <p>For ETH loans, the percentage is up to 80% of USD holdings.</p> <p>Bitfinex charges a 4.16% and 1.14% interest rate per annum for bitcoin and ether loans, respectively. The service is available only for "fully verified" users.</p> <p>The Bitfinex Borrow platform was <a href="https://www.bitfinex.com/posts/555">launched in November</a> and already offers USDT and USD loans against bitcoin and ether holdings as collateral.</p>