What is the historical 12 month LIBOR rate for cryptocurrencies?

3 answers

• Dec 26, 2021 · 3 years ago
  The historical 12 month LIBOR rate for cryptocurrencies can vary depending on the specific cryptocurrency and the time period you are referring to. It is important to note that LIBOR rates are typically used in traditional financial markets and may not directly apply to cryptocurrencies. However, if you are looking for a benchmark interest rate for cryptocurrencies, you may consider looking at the average annualized interest rates offered by lending platforms or decentralized finance (DeFi) protocols. These rates can fluctuate based on market conditions and demand for borrowing and lending cryptocurrencies.
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• Dec 26, 2021 · 3 years ago
  Finding the historical 12 month LIBOR rate for cryptocurrencies can be challenging as LIBOR rates are primarily used in traditional financial markets. However, you can explore alternative interest rate benchmarks specifically designed for cryptocurrencies, such as the Crypto Interest Rate Index (CIRI). CIRI provides an average interest rate for lending and borrowing cryptocurrencies over a specific time period. Keep in mind that these rates can vary across different lending platforms and cryptocurrencies.
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• Dec 26, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, provides historical data on interest rates for cryptocurrencies. You can visit their website and access their historical LIBOR rate data for the past 12 months. This data can give you insights into the average interest rates for cryptocurrencies over the specified time period. It's important to note that interest rates can vary across different cryptocurrencies and may be influenced by market conditions and demand.
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