What are the challenges on the cryptolending market? There are some other companies that provides a loan based on assets too.
Hello!
One of the main challenges is uncertain legislation. In many countries there is still no established legislation and many details need to be taken into account. But we have already worked with credit products before and know how to work in over-regulated market.
Best,
CT.
Good to know that. According to my thoughts, i hope that we don't have to wait for a long queue and provide lots of details in order to claim for loan using cryptos or else it won't make much difference borrowing loans from banks.