MoneyToken — a blockchain-based financial ecosystem
MoneyToken provides crypto-backed loans, stablecoin MTC and a decentralized exchange service
“MoneyToken is a bright example of the real use of blockchain technology, as well as offering a massive boost for crypto market liquidity for all market players, and especially for businesses.”
The MoneyToken lending platform was launched in Q1 2018.
Credit terms:
Accepted collateral currencies: BTC, ETH, BCH
Available loan currencies: DAI, USDT
Acceptable Repayment to Collateral ratio: from 30% to 50%
Minimum loan duration - 5 days
Maximum loan duration - 90 days
Minimum loan amount - 200$ in cryptocurrency equivalent
Maximum loan amount - 500,000$ in cryptocurrency equivalent
Interest rate - 0.2%/day (6%/month)
Please Note: Loan terms and conditions may be altered in the future as a result of market conditions.
Longer term loans, other accepted collateral and loan currencies, including fiat currencies (USD, EUR, JPY, CNY, KRW, AUD) will become available later, in accordance with the MoneyToken Road Map.
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