MoneyToken

MoneyToken

is a blockchain-based financial ecosystem

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With MoneyToken, there is no reason to sell your BTC when you need cash or a stable currency. MoneyToken provides loans supported by crypto, MTC stablecoin and a decentralized exchange service.The problem has been clear for some time - spending current crypto assets prevents cryptocurrency holders from gaining future growth in asset values, holders who buy low requirements to sustain their investment to profit from high sales.

This is where MoneyToken steps in. The MoneyToken platform allows you to borrow liquid funds instantly, based on the current value of your cryptocurrency asset ownership. You take out a loan, secured by a more volatile asset such as Bitcoin or Ethereum - and in return you receive an agreed loan amount in a stable currency. And after paying off the loan, you receive all your collateral back, even if the collateral has increased in value several times.

In this way, you can obtain liquid funds for immediate needs, and keep your crypto position, all at the same time.

Vision

At this stage of market development, they see that the cryptocurrency assets have acquired the characteristics of various financial instruments. We can divide cryptocurrency with their quality and algorithm, into investment assets and means of payment.

Investment assets are volatile and attractive for the long term, made to make a difference between exchange rates or earn other types of income, such as from stock proof algorithms, interest rates, and so forth.

Cryptocurrency payments are made to support exchange rate stability - they are usually embedded with their own set of mechanisms, unique algorithms to regulate mining constraints or the release of new coins.

Lending Model

The MoneyToken Lending Model uses fluctuating crypto-assets as collateral for loans given in fiat or stablecoin currency.

The list of advantages of this model is compared to traditional banking schemes or pawnshops :

Auto loan confirmation in seconds or minutes.
There is no requirement for credit assessment or asset verification.
Customers manage their own lending conditions within the boundaries of the provisions of the platform.
An option to store collateral in some cryptocurrency assets to stabilize general fluctuations of collateral and lower upward pressure on interest rates.
Transparency of operations during the transfer and storage of a security deposit.
Transparency of collateral evaluation and fluctuations in value from time to time for both parties.