Lendo - Cash Loans for Crypto

in steemhunt •  6 years ago 

Lendo

Cash Loans for Crypto


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Hunter's comment

You are a trader? but do not have the capital? introduce Lendo, a website that provides you with capital for your trading activities. you no longer need to worry about the capital problem because here you will be given the capital.

LENDO Ltd is a fintech company enabling lenders to provide fiat loans for cryptocurrency collateral and a cryptobanking ecosystem. The Lendo token (ELT) is available in a smart contract on the Ethereum blockchain using the ERC223 standard.

This website becomes the first and only one so far to provide such a waiter, has little difference compared to other business entities where LENDO is more visible from the side of kinship and mutual cooperation to help each other's members for the sake of mutual prosperity.


I am not a part of this product, I am just a hunter who aims to promote products, websites & other unique things to all my followers. if things happen that is not good because of the advice or promotion that I do, I release the responsibility because this is a promotion that I do personally not binding with the owner of the product or website that I promotion. I think this explanation is important for me to explain. for your attention and understanding all of them, I said Thank You.

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Link

https://lendo.io/?ref=steemhunt


Contributors

Hunter: @jaldesign



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Pros:

  • Loans are available to everyone
  • Blockchain based loans for fast transactions

Cons:

  • Prices of cryptos are highly volatile. The fiat conversion may greatly vary from time to time
  • contracts arent well established. Scopes arent explained well

Pros :

  • 1.2 billion ELT tokens
  • Promotes fund raising, bounty referrrals and many others

Cons :

  • Still need more research on this crypto

Pros:

  • Provides Information like Cash Flows and Basic Graphs
  • Loan in terms of Crypto

Cons:

  • I cant trust this crypto since it is decentralized, No one leads no one regulates

Overal:

I can say this hunt is not good for me Personally. I would not trust platforms like this unless there are smart contracts or etc, that provides the assurance of security of your money.

Pros:

  • Good for crypto-rich but cash-poor people

Cons:

  • Seems sketchy as hell..

Keep up the hunt!
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This hunt has been approved by Steemhunt Moderation. (ModComment)

Pros:

  • I like that it is hosted in the new contract ERC223 instead of the old ERC20
  • Ease of loans in the future
  • As I read the loans will be available for everyone, that's great

Cons:

  • Still in ICO phase

Pros:

Furnishes cash flow

Cons:

There's a trust issue as this is all so new

Pros:
provides cash flow
you can still hold onto your crypto without cashing out

Cons
can you trust them is always the question

Congratulation! Your hunt was ranked in 63rd place on 2 Jun 2018 on Steemhunt.

We have upvoted your post for your contribution within our community.
Thanks again and look forward to seeing your next hunt!

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