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Bitcoin-Backed Rental Service, ‘Coin Balge,’ Introduced
By Anya Sharma | SEOUL – 2025/09/15 08:26:10
A new rental service called ‘Coin Balge’ has launched, offering mortgages based on the original collateral, Bitcoin. The service allows rentals from 50,000 won up to 82% and includes a risk management function.
Key Features of ‘Coin Balge’
The service allows rentals from 50,000 won up to 82% and includes a risk management function.
The platform aims to provide accessible rental options leveraging the value of Bitcoin holdings. The risk management component is designed to protect both lenders and renters from market volatility.
Frequently Asked Questions
- What is ‘Coin Balge’?
- It is indeed a new rental service that uses Bitcoin as collateral for mortgages.
- How much can I rent?
- You can rent from 50,000 won up to 82% of the collateral value.
- Is there a risk management function?
- Yes, the service is equipped with a risk management function.
