MUNICH, April 20, 2021 / PRNewswire / – Lender, the financial technology company that revolutionized margin lending in crypto markets with automated peer-to-peer lending, is expanding its services by Asia. The Lendary.net platform will be available in English, Chinese and soon in Bahasa.
“Asia has always been in our plan, “said Agost Makszin, Managing Partner of Lendary Asia. “We want to launch into this region with a proven track record and a well-tested platform; after two years of solid performance delivering double-digit returns for our users, we’re ready.”
Lendary has successfully funded more than 550,000 margin transactions, with the volume of loans issued reaching US $ 650 million in the 1st quarter of 2021. Since July 2019, Lendary has experienced an annual growth of over 200% on the margin volume issued on Lendary.net. Globally, the volume of active margin used on the relevant exchanges has increased from US $ 300 million in 2019 at US $ 1.6 billion in 2021.
The lender allows investors to earn passive and fixed income from the cryptocurrency space without directional crypto exposure. Lendary automates margin lending by providing capital to margin traders in a fully controlled environment on a of the largest cryptocurrency exchanges. Robust liquidation technology ensures that principal is returned to lender users with interest earned, regardless of margin traders gains or losses.
Put simply, Lendary allows investors to act like a bank, lending money to margin traders who pay interest in return, creating a constant flow of fixed income securities, all of which can be tracked through a chart of custom edge.
âThe lender service may find particular appeal in Asian markets where interest rates have traditionally been low, with some in negative interest territory for more than a decade,â said Benjamin thomsen, Co-founder and CEO of Lendary. “Lendary aims to provide an alternative, opening up the future of fixed income.”
Lender is fintech software that automates margin lending on one of the largest cryptocurrency exchanges, providing a constant flow of fixed income securities in a fully controlled environment. The high frequency lending algorithm deploys capital to fund margin trades at the best possible interest rates, 24 hours a day, 7 days a week. Lending asia.