Blockbid & Helio Partner to Provide Crypto-Backed Asset Loans and a Special Offer
- 10% per annum interest rate (instead of the advertised 15% per annum rate)
- Guaranteed loan acceptance
- No set up or exit fees
- Top 4 Cryptocurrencies Available (BTC, ETH, LTC, XRP)
- Can lend up to 50% of Trader’s Holdings
This offer is only available for one month, from the 16th of May 2019.
This partnership will allow Blockbid traders to access the value of their cryptocurrency assets without needing to sell their holdings.
Also, tax time is coming up for Australian traders and the Australian Taxation Office (ATO) has begun collecting crypto sale and purchase records from the 2014/15 tax year, and all years since then.
The ATO is seeking to match the crypto records with taxpayers to make sure people are paying the right amount of tax. Many cryptocurrency investors are now finding themselves with large tax bills to pay.
As a way for our traders to avoid finding themselves in this situation and where they don’t want to liquidate their cryptocurrency holdings, Helio Lending can help.