Installment Credit with Crypto via DigiPay & Nobitex

DigiPay and Nobitex users can receive credit from DigiPay to purchase goods in four installments without the need for verification by pledging their cryptocurrency assets on Nobitex.

According to Ideaagency, users of these two platforms will receive a purchase credit of up to $1,000. To receive this credit, users of this exchange, after collateralizing their assets, will receive a purchase credit of 77% of the value of the cryptocurrency asset and can make purchases in installments from online and in-person stores that are parties to the contract with DigiPay.

To receive this credit, users must select the product purchase credit option after clicking on the features icon on the Nobitex website or app.

In this section, users can select the desired amount of credit to purchase from DigiPay , which determines the collateral amount to receive the desired amount of credit. By selecting the option to transfer the collateral deficit, the asset required for the credit is transferred from the spot wallet to the collateral wallet.

At this stage, users’ installment purchase credit is charged to DigiPay, and they can use their credit to make purchases from Digikala and more than five hundred online stores and a thousand in-person stores that are contracted with DigiPay.