Lend And Trade Crypto-Currencies In An All New Way

Dependence is something that goes hand in hand with trust and we humans live in a world where our survival will become next to impossible if we stop trusting and depending on one another. One such aspect where dependence and trust come to play is taking and giving of loans (economic dependence of individuals). Though this system works on trust and reliability, the traditional way of lending puts the lender's capital at risk as he isn't sure if he would actually get back the amount on time or not. Till today we've mostly known lending of fiat currencies but as crypto-currencies gain grounds, there is a need for a system that could allow trustable lending and borrowing of crypto-currencies as the fiat currencies are becoming outdated and unsecure with time.

Providing a solution

For the very first time, a system has been set-up so that the lending and borrowing of crypto-currencies can be done at ease. The decentralized platform that enables this goes by the name Cryptoloans and it not only focuses on resolving the issues faced in the loan system but also the issues of trading of crypto-currencies. The people who choose to use Cryptoloans over the traditional lending methods will be inviting a lot of benefits their way.

The lenders with the use of Cryptoloans can be free of the fear of any fraud after they've lent their crypto-currency as it will be made sure on the platform the complete amount is returned to the lender without delay. If the need be, the lenders can also act as borrower on the platform and can take help at anytime. The lenders must take a note that Cryptoloans assures earnings to those who sell crypto-currency on credit which completely sets it apart from any other similar platform. Talking about the other end, i.e. the borrowers, they will get an opportunity to buy crypto-currencies on credit without having to pay the full amount which will help them make bigger and better earning. Just like the lenders, the borrowers too can have a second role and be a lender if they think they are fit for it.

From a traders view point, there are number of benefits that can make their trading experience more easy and profitable. The Cryptoloans platform intends to provide the traders full accessibility to market history so that they may assess the currencies in a better way before taking up trades of it. Taking care of the "traders in the making" who are worried about the small capital they have to start trading before they become experts, Cryptoloans has kept minimal starting capital amount to let them get ahead and prove their mettle with as much as they have. Cryptoloans will also provide some small margins to traders as they have mentioned that traders will be able to buy higher volumes of currencies than what their capital can actually afford. On the platform, the professional traders can also build up their own mechanical trading systems even without having knowledge of any computer language.

The Team

The core team of Cryptoloans consist of three people of whom the first is the CEO, Dmitry Zhurba, who has more than eight years of experience in financial markets and also in algorithmic trading. Dmitry took it as a personal challenge to contribute to the blockchain and crypto-exchange equally as he has contributed to the stock markets. The other two core team members include the back end and front end developers of Cryptoloans who are Oleg Zlotnyk and Dmitriy Plekhanov respectively. These three people aspire to put in the best of their capabilities to bring a better environment in the crypto-currency lending and trading system

The ICO

The Cryptoloans coin/Loan Coin goes by the ticker LCN and its presale is already streaming since 27th of March and is supposed to continue for the next 62 days as it closes on 27th of June. With an amount of 0.00333 ETH you'll be able to buy one LCN. For being a part of the presale, you need to make sure that you can make the payments through either ETH or BTC and can make a minimum investment of 0.1ETH.

A final word

As digital currencies take over the old system day by day, loans using crypto-currency is yet other achievement on the part of blockcahin and the founder of Cryptoloans deserve an appreciation for their idea. On the other hand crypto trading is very new if compared to stock trading and unlike stock trading platforms there aren't many efficient ways to help traders get through it which makes the crypto trading system perfectly ripe for bringing in new changes in it. By resolving these two ideas, Cryptoloans will not only help the users of its platform but will help the whole of blockchain reach a better level of usability.

Website – https://www.cryptoloans.top/en

Whitepaper – https://www.cryptoloans.top/docs/Cryptoloans_White_Paper_English_Version.pdf

Telegram – https://t.me/cryptoloans

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Published by Jessicalaurenbt

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