BKEX Global will list LEND (ETHLend). The details are as follows:
- Trading pair: LEND/USDT
- Opening time of deposit: 2020/06/07 15:00 (UTC+8)
- Opening time of trading: 2020/06/08 20:30 (UTC+8)
- Opening time of withdrawal: 2020/06/09 15:00 (UTC+8)
- Introduction of LEND:
ETHLend implements decentralized lending based on Ethereum, so that everyone can benefit from the global lending business. Through the blockchain technology, the whole process is decentralized, so that the lending business is no longer monopolized by banks and regulators, everyone can participate in it; and it achieves a global fair interest rate, so that the loan interest rate is no longer controlled by the state and the central bank. The value of blockchain lies in that it can guarantee fast transaction and guarantee the security of loan to a certain extent through the mechanism of token mortgage. Smart contract can complete these works very effectively. Loan will be linked with fiat currencies to avoid the price fluctuation of digital currency. The public loan mode disperses the loan risk and increases the total amount of loan, and the algorithm based on machine learning will also be used for automatic risk assessment.
- LEND website: https://ethlend.io/
- White Paper: https://github.com/ETHLend/Documentation/blob/master/ETHLendWhitePaper.md
Risk Warning: Digital assets are innovative investment products with great prices fluctuation. Please make a rational judgment on your investment ability and make investment decisions cautiously. BKEX Global will carefully select quality assets, but BKEX Global shall not be liable for guarantee, compensation, etc. for investment. We wish you a pleasant deal.
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