NEED CASH? BORROW ON YOUR CRYPTOCURRENCY
Presenting decentralized all-in-one banking and financial services for cryptocurrency users. Welcome to cryptocurrency Earn & Loan. KoinAscent offers US Dollar loans for Bitcoin, Ethereum, Tether cryptocurrency owners.
KoinAscent is the Hodler’s home for borrowing. Don’t sell your Bitcoin or Ether, borrow against it and enjoy liquidity and future appreciation. Best of all, no taxes to pay on a loan, but taxes are due when you sell cryptocurrency.
KOINASCENT.COM is an Ethereum blockchain decentralized application for all-in-one banking and financial services for cryptocurrency users. Cryptocurrency owners do you need cash? Don’t sell your crypto, borrow against your coins. Earn & Loan transactions made by cryptocurrency users on KoinAscent generate fee revenue which go to reward KADX staking.
KoinAscent is a cryptocurrency collateral base lender with loan payments ensured because the loans are asset-backed, and borrowers must supply more in digital assets than the loan amount. We lend US dollars to borrowers with digital assets as collateral and users who stake cryptocurrency earn interest from those digital asset loans.
To ensure coin loans are always repaid, the borrower is required to post collateral that is more than the loan amount (which means that the borrower gives KoinAscent an alternative asset as collateral for the US Dollars they are borrowing).
By lending out from our community’s pool, we are operating the same way any old-school financial institution would. The difference is that, instead of keeping all the rewards for shareholders, 70% of the rewards are distributed to the KADXtoken community.
KoinAscent is a cryptocurrency collateral base lender with loan payments ensured because the loans are asset-backed, and borrowers must supply more digital assets than the loan amount. We lend US dollars to borrowers with digital assets as collateral and users who stake cryptocurrency earn interest from those digital asset loans.
The KoinAscent mission is to unbank financial services for cryptocurrency users by offering mobile 24/7 account access, low fees, affordable loans and NFT T-Bonds all at favorable terms.
We have taken a legacy community funded collateral based lending model and applied it in the current digital asset age. We call this financial service Earning & Loan. Through our financial service we aim to incentivize a large community of cryptocurrency users to earn by staking their coins to make collateralized loans to other cryptocurrency owners.
KoinAscent business model allows us to pay sustainable high reward rates. Reward payments are funded by the lending and NFT T-Bond business which due to the higher risk of cryptocurrency generate higher rewards than traditional banks pay.
Coin and token assets available on KOINASCENT.COM are traded in decentralized swap transactions. KoinAscent is not a depository institution, and the KoinAscent Wallet is not a deposit account. Digital assets are not legal tender. Digital assets in the KoinAscent Wallet are not insured by the Federal Deposit Insurance Corporation (FDIC) or the Securities Investor Protection Corporation (SIPC).
This is not an offer, or solicitation of any offer to buy or sell any security, investment or other product. KoinAscent crypto loan interest rates are variable and subject to change at our discretion, at any time. No minimum balance required to use our services. Never trade more than you afford to lose. T&C Apply.