What problem does MoneyToken solve?
The problem has been obvious - spending Bitcoin today removes the ability of an investor to benefit from any future growth in value; investors who buy low need to hold on to their assets in order to benefit from selling high. But what if you need liquid funds right now ?
This is where MoneyToken steps in:
- You take a loan and deposit your BTC or ETH as a collateral.
- In return, you receive an agreed loan amount in a stable currency (USD, USDT, BitUSD, Dai).
- After loan repayment, you will receive your whole collateral back, even if the collateral has many times increased in value.
The MoneyToken platform allows you to receive liquid funds and hold your crypto assets all at the same time.