Crypto backed loans are loans secured with the Crypto-currency borrowers own. π¨βπ»
As a borrower you can borrow up to $10,000 backed by the crypto you own. π΅
Lenme holds the cryptocurrency you authorize and once the loan is fully paid back, we return your cryptocurrency.
As a lender, you can invest in crypto-backed loans in the same way you invest in any other loan, however with crypto loans, in the case of a default Lenme liquidates the cryptocurrency and pays the remaining balance to your account at the end of the loan which makes this loan asset more secure, safe and worthy. β