ETHLend (LEND) logo
ETHLend (LEND) logo

ETHLend (LEND) Price and Reviews

Expert Review
May 24, 2020

ETHLend (LEND) is the ERC20 utility token used in the ETHLend platform. This platform powers decentralized crypto-to-crypto lendings. The token is listed on the number of exchanges. 

ETHLend platform connects borrowers and lenders with LEND tokens used as a collateral. It means that a loan agreement can be concluded between both parties on the terms they deem acceptable without any need of middlemen. The contract is submitted by a borrower and then, if a lender accepts these terms, the agreement will be set. 

There are two major cases, in which ETHLend token can be used. First, it is used to redeem DAPP fee. Then, there is also an airdrop for active users of the platform incentivising them to continue using of ETHLend. 

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The opinions and assessments expressed in the text are the views of the author of the article and may not represent the position of Cryptogeek. Do not forget that investing in cryptocurrencies and trading on the exchange is associated with risk. Before making decisions, be sure to do your own research on the market and the products you are interested in.
Our Score
Transaction speed 4 / 5
Technology 5 / 5
Security 4 / 5
Investment potential 4 / 5
Reputation 4 / 5
Our Score
4.2 / 5
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User reviews
Wi-Fi Jackson 30 January, 3:22 PM
4.0

It works. Not that bad!

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ETHLend (LEND) Price and Reviews