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FinTecBuzz

by FTB News Desk

INLOCK Launches a Peer-to-peer Lending Platform for Cryptocurrency Holders

Crypto Currencies

INLOCK Launches a Peer-to-peer Lending Platform for Cryptocurrency Holders

May 10, 20196 min

INLOCK peer-to-peer lending platform let cryptocurrency holders to access the purchasing power of their digital assets without spending them. The platform provides a very viable alternative to selling crypto positions in case of a temporary liquidity problem by collateralizing them and taking out a loan. Of course, upon repaying the loan, customers get back their crypto in full. There is no centrally controlled interest rate, INLOCK operates under the peer-to-peer model, ensuring that the interest rates are...

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