You could borrow against your Fei USD tokens at rates as low as 1.92% APY. Open an account and transfer your FEI tokens to the platform. Then use the value of those tokens as collateral for an instant loan. Normally no credit checks are required as the platform can use your Fei USD tokens to pay off the loan if necessary. The loan itself can be in a different currency to Fei USD. USDT and USDC are popular loan currencies. You might also be interested in comparing stablecoin loans.
You could use your other crypto assets such as Bitcoin as collateral for a Fei USD loan. You could borrow Fei USD at rates as low as 1.92% APY. Open an account, transfer your collateral currency to the platform and then apply for a FEI loan. If you need some FEI tokens but don't want to sell your collateral tokens then this can be a useful option.
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