What problem does MoneyToken solve?
The problem has been obvious for some time – spending crypto assets today removes the ability of holders to benefit from any future growth in value; holders who buy low need to hold on to their in order to benefit from selling high. 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 holdings.
1) You take out a loan, collateralized with more volatile assets such as Bitcoin or Ethereum
2) In return, you receive an agreed loan amount in a stable currency.
3) After loan repayment, you will receive your whole collateral back even if collateral has many times increased in value.With MoneyToken you’re able to receive liquid funds and stay in your crypto position all at the same time.MoneyToken – A Blockchain based Financial Ecosystem which consists of:- MoneyToken lending platform that provides loans in fiat currencies or stablecoin, secured by collateral in BTC and ETH;- MTC – MoneyToken’s own stablecoin;- MoneyToken decentralized Exchange service.