GMO Coin updates crypto lending service, supports up to 7 tokens

According to Crypto.Watch, recently, the Japanese virtual currency exchange GMO Coin announced that it would update its "virtual currency lending" service. After the amount of cryptocurrency loaned by users reaches 100,000 yen, the maximum loan interest rate during the period can reach 5%. GMO Coin supports cryptocurrencies for lending services including BTC, ETH, BCH, LTC, XRP, XEM, XLM. The loan terms are 1 month, 3 months, and 6 months, and the corresponding annual interest rates are 2%, 4%, and 5%.