Innovative P2P Platform LendPal: A New Phenomenon in the Cryptocurrency World

The
innovative
P2P
platform
LendPal
is,
without
exaggeration,
a
new
phenomenon
in
the
world
of
cryptocurrencies,
establishing
a
separate
segment
in
the
crypto-lending
market.
The
terms
of
transactions
in
this
segment
will
depend
solely
on
the
supply
and
demand
ratio
of
lenders
and
borrowers
who
are
LendPal
clients.

Unlike
existing
crypto-lending
services,
which
directly
mimic
traditional
banking,
the
P2P
platform
LendPal
allows
any
individual
from
the
global
community
to
engage
in
financial
interactions
with
any
other
individual
for
creating
a
loan
agreement.

On
the
LendPal
platform,
any
individual
or
legal
entity
with
temporarily
free
funds
can
lend
them
under
the
security
of
highly
liquid
cryptocurrency
assets
on
their
own
terms
and
receive
a
reward.
Likewise,
any
individual
or
legal
entity
in
need
of
borrowing
funds
and
owning
highly
volatile
crypto
assets
that
they
do
not
plan
to
part
with
can
get
a
loan
on
their
own
terms.

The
opportunity
to
participate
in
the
LendPal
lending
market
is
limited
solely
by
access
to
the
Internet.

LendPal
P2P
platform
clients
can
choose
offers
from
other
users.
If
there
are
offers
that
meet
their
needs,
transactions
are
conducted.
If
such
offers
are
not
available
at
the
moment,
clients
can
submit
their
own
offers,
which
will
be
instantly
accessible
to
other
clients.

LendPal
Platform:

• Creates
  custodial
  wallets
  (suitable
  for
  daily
  payments)
  for
  clients,
  into
  which
  crypto
  assets
  designated
  for
  lending
  and
  collateral
  are
  received
  and
  stored.
• Formalizes
  the
  relationships
  between
  borrowers
  and
  lenders.
• Controls
  the
  fulfillment
  of
  obligations
  under
  agreements.
• In
  case
  of
  non-fulfillment
  of
  obligations
  by
  the
  borrower,
  realizes
  the
  collateral
  and
  settles
  the
  debt
  according
  to
  the
  terms
  agreed
  upon
  by
  the
  parties
  to
  the
  agreement.

In
the
era
of
globalization,
the
spread
of
horizontal
connections
is
an
irreversible
and
inevitable
process
that
encompasses
all
spheres
of
life.
We
observe
the
development
of
this
process
in
the
financial
sector,
particularly
in
the
field
of
crypto-lending.

The
LendPal
project
corresponds
to
this
trend
by
creating
a
reliable
and
transparent
tool
for
ensuring
financial
interactions
between
people,
which
should
be
duly
appreciated.

Disclaimer: The
information
provided
in
this
press
release
is
not
a
solicitation
for
investment,
nor
is
it
intended
as
investment
advice,
financial
advice,
or
trading
advice.
It
is
strongly
recommended
you
practice
due
diligence,
including
consultation
with
a
professional
financial
advisor,
before
investing
in
or
trading
cryptocurrency
and
securities.