ETHLend places itself as a decentralized peer-to-peer lending marketplace accessible to everyone in the world.
What Is ETHLend (LEND)?
ETHLend is a decentralized lending application (DAPP) running on the Ethereum Network that offers secure, peer to peer lending Smart Contracts. ETHLend strives to democratize the process-heavy lending process by removing power and control held by traditional banks and large financial institutions.
ETHLend (LEND): History
ETHLend’s alpha version went live on the Ethereum main-net in Q2 of 2017. Around the same time, collateralized lending was enabled for domains under the ENS. The white paper was also released at the same time. Reputation-based loan and the token pre-sale went live in Q3 of 2O17. Airdrop and centralized credit rating are planned for Q1 of 2018.
How Does ETHLend (LEND) Work?
Since there are no bank accounts included, all one needs is an Ethereum wallet address to send or receive a loan. There are no variable interest rates either, as ETHLend wants to keep fees as low as possible for all parties involved. Additionally, the team focuses on transparency first and foremost. All peer-to-peer activities are visible for everyone to see, which guarantees there can be no tricks or shenanigans along the way.
How To Buy ETHLend (LEND)?
Buying ETHLend is a two-step process. First, head over to Coinbase and purchase Bitcoin or Etherium which accepts debit or credit card. If Coinbase is not accessible in your jurisdiction, view our list of markets that sell BTC or ETH for Government issued money. Next, transfer your newly purchased BTC or ETH from your Coinbase wallet to one of the exchanges like Binance/ HitBTC/ Gate.io. The best place save your coin is My EtherWallet/ Ledger Wallet/ Trezor.
ETHLend (LEND) Price Prediction 2018
LEND can be a profitable investment option. ETHLend price equal to 0.0545 USD at 2018-03-29. If you buy ETHLend for 100 dollars today, you will get a total of 1833.930 LEND. Based on our forecasts, a long-term increase is expected, the price prognosis for2023-03-24 is 0.855 US Dollars. With a 5-year investment, the revenue is expected to be around +1467.99%. Your current $100 investment may be up to $1567.99 in 2022. The price today of ETHLend (LEND) is $0.0545, and the market cap value is $59,527,468. It has a current supply of 1,086,132,884 LEND and the volume $2,615,170.