The Attraction Of Crypto Lending Assets

It is a service that charges a usage fee (rent) according to the brand, quantity, and loan period by lending the encrypted assets (virtual currency) owned by the customer to the company for a certain period of time.
By lending crypto assets (virtual currencies) that you do not intend to sell, you will be able to collect royalties.
Our crypto assets include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Bitcoin Cash (BCH), Chainlink (LINK) and Polkadot (DOT), corresponding to 7 brands . (We plan to expand the number of brands in the future.)

FAQ
Q

What is coin rental?

A

Lending is a service that allows you to lend us your crypto assets (BTC, ETH, XRP) for a usage fee (= rent) based on the lending period.
Mainly recommended for clients who want to hold crypto assets for a long time.
Advantage
For customers who hold long-term crypto assets, simply deposit them with us to receive usage fees (= crypto assets will increase).
Disadvantage Due to
Customers cannot cancel the loan in the middle of the loan, so they cannot be flexible when the market price fluctuates. Example: Unable to sell when the price suddenly rises
About tax
Royalties earned after the due date are miscellaneous income and are taxable.

Q

Can I cancel my application?

A

Cancellation is possible during the application period (until the application closing time). Please note that applications cannot be cancelled after the application closing time.
If the number of applications exceeds the limit, or the transaction capacity is less than the required loan amount, the loan may not be completed.

Q

The usage fee that can be collected at the time of redemption at maturity

A

・Principal: Loan amount (cryptocurrency)
・Usage fee: Loan amount (cryptocurrency) × loan period × annual interest rate ÷ 365 days