Taiwan crypto exchange BitoPro launching debt purchase platform

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