Kraken, a cryptocurrency exchange, has introduced a new product called Flexline, offering fixed-rate crypto loans to its Pro users. According to reports, this service allows users to borrow against their digital assets at fixed annual percentage rates (APR) ranging from 10% to 25%. The loan terms can extend up to two years. The development provides Kraken's professional users with additional options for managing their digital asset holdings.

Kraken, a cryptocurrency exchange, has introduced a new product called Flexline, offering fixed-rate crypto loans to its Pro users. According to reports, this service allows users to borrow against their digital assets at fixed annual percentage rates (APR) ranging from 10% to 25%. The loan terms can extend up to two years. The development provides Kraken's professional users with additional options for managing their digital asset holdings.