SmartCredit.io Description
SmartCredit.io allows peer-to-peer lending and direct interactions between P2P customers. This means that there are no intermediaries that charge fees. This is in contrast to traditional fiat-money banking. Clients keep their cryptoassets and ERC20 Smart money tokens locally in their standard wallets (MyEtherWallet etc). Lenders place loan offers and borrowers submit loan requests. The matching engine matches loan demand and loan supply. Once a match has been made, the lender can supply ETH to the borrower for lending. Every loan is subject to a loan agreement between the lender (and borrower) that is legally binding. All loans made on SmartCredit.io are insured up to the face value. SmartCredit.io's vision is to provide the core components of an alternative blockchain-based financial system: the crypto lending/borrowing and fixed income funds, as well as the integrations.
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SmartCredit.io User Reviews
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Excel lending crypto lending and staking Edited: Feb 20 2024
Summary: Amazing customer support experience and easy to use interface with very good returns for the last two years.
Positive: The team, the roadmap, the weekly AMAS and the only forward thinking decentralised autonomous bank lending / borrowing platform.
Negative: Nothing at all to complain about this has promising future!
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