Guys, help me understand the mechanism of this platform, why I can't just sell my cryptocurrency and get Fiat money, the sense to take out a loan if I have to leave my crypto assets as collateral?
What we do is enabling cryptocurrency holders to access the purchasing power of their assets without selling them.
When we examined the market we managed to identify the problems which lending platforms face:
- Lack of regulatory compliance (this makes them struggle for business development)
- Limited FIAT liquidity (in our business model we bring in institutional lenders from the regions we enter in order to be not limited by it)
- High interest rates (on our platform banks compete for borrowers, and this market competition ensures fair percentages for our borrowers)