The exponential growth of blockchain technology has made more and more people put their money into this arena since it is one of the biggest inventions ever made that will revolutionize how the traditional markets work right from finance to investment. Everything financial process is replaced by an equivalent blockchain process including lending and borrowing.
Cpay offers loans for community members from all over the world. Cpay targets not only the individuals who are in desperate need of funds but also the penultimate aim of Cpay is to support institutions of bigger sizes as well.
If you are an institution looking to make a market, you cannot choose banks for getting loans. The process is so tedious and also it is time-consuming. To make the right development steps, you would need access to funds at the right time. Depending on banks for a huge fund may not be the right choice.
Cpay offers a variety of institutional products that can offer the institutions up to $10 million to make the market. Your loan will be approved in seconds as there are no big processes and paper works involved. Everything is automated and there is no room for error as there is no human intervention.
Also, people might have a question that “what happens when the price of the assets placed as collateral vary?”. The answer is very simple. You do not have to panic. As the cryptocurrency market is highly volatile, the Cpay protocol does not alter the interest rates when the price of collateral vary. And the most important thing that attracts you as a customer is, the fees associated with Cpay. There are no hidden fees; everything is transparent.
