Unbanked is yet another crypto firm to wind down this month, joining BottlePay, HotBit, Teressa, and most recently, TradeBlock.
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Cryptocurrency is sizing up traditional finance on its legacy turf of lending and borrowing with competitive interest rates (currently as low as 0.44% for ethereum and 4.50% per year for bitcoin) as well as less cumbersome verification procedures. Crypto holders present their virtual assets as collateral to get loans paid out in fiat or stablecoin. […]
The post Crypto Borrowing: Here Are Seven of the Best Interest Rates on the Market appeared first on Bitcoin News.
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ACIF, Asia Crypto Investment Forum hosted by Hashcube, will hold its first meetup at The InterContinental Bangkok, as part of Blockchain Thailand Week, to discuss the future of crypto investments.
The post ACIF – Asia Crypto Investment Forum Joins Thailand Blockchain Week appeared first on Bitcoin News.
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CoinLoan is among the first to offer loans secured by Bitcoin Cash
As we mentioned in our previous updates, new assets are about to join CoinLoan’s list of cryptocurrencies soon. CoinLoan keeps its promises, and today, we pride ourselves on adding a new collateral currency to the CoinLoan platform — Bitcoin Cash (BCH).
The post PR: CoinLoan Welcomes Bitcoin Cash to Their List of Collateral Currencies appeared first on Bitcoin News.
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CoinLoan, an Estonia-based startup, has launched a crypto-to-fiat lending platform where cryptocurrency is used as collateral. From now on, crypto-backed loans are available for users all over the world. On CoinLoan, everyone can become a lender or a borrower, on his or her own terms. The platform’s primary objective is to link counteroffers and ensure the safety of the deal.
“A user-centric approach has always been a priority for us. It makes us unique in comparison with other fintech startups popping up these days. At the moment, CoinLoan offers the most flexible conditions in the lending market. The main advantage of the project is that it is based on the P2P economy. It means anyone can lend or borrow controlling the terms individually.” said Alex Faliushin, Founder & CEO at CoinLoan.
The post PR: Coinloan Opens Platform to Bridge Gap Between Lenders and Borrower appeared first on Bitcoin News.
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Over the past year, cryptocurrency-backed lending has grown very popular with organizations like Salt Lending, and Unchained Capital trying to capture a piece of this emerging industry. Projects like Salt Lending have issued millions worth of crypto-backed loans so far and the teams behind these digital currency operations believe crypto-to-cash lending is going to be […]
The post Crypto-to-Cash Lending is Growing Quite Popular These Days appeared first on Bitcoin News.
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Secured Automated Lending Technology (SALT) has an enviable problem if its recent Medium post is to be believed. The membership-based crypto-as-collateral loan platform has declared “a demand of over $1.3b in loan requests” is forcing it to suspend “new membership registrations, loan requests, and purchases of SALT.” Also read: How To Regain Control From Nanny Zuck […]
The post Crypto-Backed SALT Claims $1.3 Billion Backlog, Suspends New Memberships appeared first on Bitcoin News.
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Fintech startup releases the first version of its peer-to-peer lending platform that facilitates cryptocurrency-backed loans. Peer to peer fintech startup, CoinLoan, recently rolled out the first version of their revolutionary peer-to-peer lending platform. Investors were thrilled with the results (try it for yourself here), and are eagerly awaiting the end of the ICO and listing on exchanges soon after. The CoinLoan team was excited to finally unveil what they’ve been working on over the previous months. “It’s an exciting breakthrough to finally give our community access to the first version of the interface of our lending platform.” said Alex
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