What is EthLend | Best EthLend Wallets For LEND Token
Ethlend is an online decentralized platform or application that facilitates transparent and secure lending. It comes under the category of finance and it operates all across the globe with a variety of lenders and borrowers. It is being designed over the network of Ethereum (ETH) and it uses peer – to – peer lending mechanism. It uses smart contracts and brings a long term revolution in the field of lending.
The tokens of Ethlend are usually termed as LEND tokens, which can be purchased by the token contributors at the time of token sale. Such tokens are also used for the purpose of making deployment charge payments with a discount of around 25%.
Stani Kulechov is the Founder as well as the chief executive officer of this platform. The major motto of Ethlend is to modify the perspective of the world over aspects like credit and microcredit services. When a user wants to access this platform, he should install Metamask. The tokens of Ethlend are nothing but ERC–20 compatible tokens.
Unique features of Ethlend ICO:
- It is an open-source network and is highly transparent in nature.
- It ensures high liquidity in the lending markets.
- It holds a dedicated and professional team for providing high-quality support.
- It allows the contributors to purchase even the tokens, which are left unsold in the token sale.
- It offers a bonus of around 20% to its contributors, who participate in the early stages of the token sale.
- It overcomes various issues including the volatility risks associated with cryptocurrency exchanges and the credit ratings.
- It also overcomes all the technical barriers associated with the lending process.
- It avoids the differences in interest rates associated with different nations or countries.
- It provides strong tokens to the users with the help of its airdrop rewarding methodology.
- It enhances the product value and user adoption into the network.
- It lets the users pledge for a service known as ENS or Ethereum Name Service.
Best EthLend Wallets For LEND Token
EthLend is an ERC20 token powered by Ehtereum blockchain. WE have listed some popular, safe and best EthLend Wallets to store LEND tokens:
Claim your free 15 Atomic Wallet Coin (AWC):
- Download Atomic Wallet and complete the setup.
- go to setting->airdrop
- fill your email id and use p 172G5R to get 15 free AWC coins.
| Wallet Name | Wallet Type | Supported Coins | Link |
|---|---|---|---|
Atomic Wallet | Desktop, Mobile | BTC, LTC, ETH, TRX, XMR, DGB, QTUM, XLM, ZEC, XRP, BCH, ETC, DASH, AWC, BTG, DOGE, TPAY, VET, many more... | Go To Website |
Ledger Nano S/X | Hardware | BTC, BCH, BTG, ETH, ETC, LTC, ZEC, XRP, DASH, STRAT, KMD, ARK, UBQ, VTC, VIA, NEO, XST, XLM & 1,000+ more | Go To Website |
MyEtherWallet | Web | ETH, ERC20 | Go To Website |
Trezor Wallets | Hardware | BTC, BCH, BTG, LTC, DASH, DOGE, ETC, ETH, ERC20, NEM, NMC, ZEC, EXP, UBQ... | Go To Website |
Coinbase Wallet | Mobile | Multiple Coins and Tokens | Go To Website |
MetaMask | Browser Extention | ETH, ERC20 | Go To Website |
Coinomi Wallet | Mobile | BTC, ETH, ETC, BTG, DOGE, LTC, LCC, BCH, DASH, NBT, RDD, MONA, DGB, DGC, NEOS VTC, BTA, ABN many more | Go To Website |
Trust Wallet | Mobile | ETH, ETC, ERC20, ERC223 | Go To Website |
imToken | Mobile | Bitcoin, ETH, EOS, ERC20 etc | Go To Website |
Bread Wallet | Mobile | BTC ETH, ERC20 | Go To Website |
Application of Ethlend on blockchain startups:
If a newly introduced blockchain startup wants to get a loan, it should make a loan request on the decentralized application (Dapp) of Ethlend. The Dapp then transfers the tokens equivalent to the loan amount to the appropriate startup.
