Money Token

With MoneyToken you are able to get money for your immediate needs and save your crypto position, all at the same time.

The problem with the crypto market has been obvious for some time - spending cryptocurrency today prevents holders from profiting on future growth in asset value; those who buy low need to hold on to their investments 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. You take out a crypto loan, collateralized with more volatile assets such as Bitcoin or Ethereum - and in return you receive an agreed loan amount in a stable currency. And after repaying the loan you receive your whole collateral back; even if the collateral has increased in value multiple times. As a lender you get the chance to put your crypto to work, earning a stable rate of interest from the funds you lend on the platform, backed up by the collateral of borrowers and the platform’s reserve fund.