Bitfinex Borrow: Crypto Exchange Enters Peer to Peer Lending Sector

November 12, 2020 @ 1:26 pm By JD Alois

Bitfinex Borrow is a newly announced a peer-to-peer crypto lending platform launched by Bitfinex.

According to a blog post, Bitfinex Borrow allows users to leverage token holdings to secure a loan that can be used for trading or be withdrawn from the platform.

Borrowers may use either Bitcoin or Ethereum holdings as collateral to obtain a loan in either Tether (USDt) or US Dollars (USD).

Both variable and fixed rates are available with the range currently between 5.5% to 18.25% APR. Lenders receive the interest minus a fee kept by the platform.

As crypto markets tend to be a bit volatile, Bitfinex says that users will need to manage their own risk of fluctuating crypto prices.

Additionally, borrowers will need to be fully verified.

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Oct 29, 2026 vs Jan 1, 2025 - Oct 29, 2025

Number of Filings132Prior 128 +3.1%

Target Raise, Total$3.44BPrior $3.56B -3.5%

	This YTD	Year prior	Change
Filings	132	128	+3.1%
Target raise	$3.44B	$3.56B	-3.5%

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Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

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