Financing with Crypto

Helio Lending is here to help you afford the necessities and luxuries that you were thinking about when contemplating to sell your crypto assets in order to finance them.

Everybody has desires that they just do not have the cash on hand to acquire — maybe it is a dream home, maybe a dream car, maybe a dream vacation — and considering the current state of the cryptocurrency markets, it is perhaps not the wisest idea to sell off crypto-holdings to finance those dreams.

At Nexo, we have developed an alternative to clearing your portfolio that provides HODLers with the funds to finance their aspirations while letting them retain full ownership of their digital assets.

How Nexo helps your finances?

Nexo allows its users to take out instant crypto credit lines within minutes of joining the platform.

Fore More Information: https://heliolending.com/

মন্তব্যসমূহ

এই ব্লগটি থেকে জনপ্রিয় পোস্টগুলি

WHAT IS A LOAN WRITE-OFF?

In the financial industry, be it taxes, investments , or loans, a term that is periodically tossed around is “write-off.” We often hear this in the context of taxes (ex. “You will even get a tax write-off!”), but some are not familiar with what it actually means. What does it mean? When an investment, like a loan, becomes delinquent (i.e. payments are late) or in default and is deemed uncollectible, the lender has a choice to make concerning the outstanding investment amount. They can either charge it as an expense or a loss. It is an accounting action that diminishes an asset’s value while simultaneously debiting a liabilities account. It is commonly used by businesses looking to account for unpaid receivables, unpaid loan obligations, or losses on stored inventory. Generally speaking, it can be seen as something to help decrease an annual tax bill. The core idea is to use the money in conducting business, which was initially put aside at the time of lending the mon...

আরও পড়ুন

What Is Crypto Lending

One of the most common ways of increasing your wealth within cryptocurrency world is the so-called “ HODL ” — the process of keeping the assets safe in a wallet until the price appreciates. Easy to remember, hard to execute since it usually takes significantly longer for assets to “pump” than expected. With that said, another question arises: how can you make your digital currencies grow? This is where cryptocurrency lending appears. It provides lenders with an opportunity to earn interest on their holdings, and helps borrowers to unlock the value of their digital assets by using it as collateral for a loan. Why should I consider a crypto loan? As previously mentioned, cryptocurrency loans unlock the value of your digital assets by using it as collateral for a loan. If you have a long-term view for your investments and have no intention to sell your assets it allows you to maintain ownership of your funds while gaining access to the liquidity. In other words, you can use the...

আরও পড়ুন

What is Cryptocurrency Lending and is it Right for My Business?

If you’re a regular follower of the news, then you likely have come across more than a few stories about cryptocurrency. This digital-based market is sure to evolve and grow in popularity in the coming months and years and, as a result, you might be wondering if cryptocurrency lending is right for your business needs. You also might be simply wondering, “What is cryptocurrency lending?” Unlike traditional stocks, bonds, and mutual funds, cryptocurrency lending offers a number of financing benefits that may appeal to small businesses and startups, including short-term flexibility, low interest rates, and convenience. However, crypto lending platforms also contain elements of risk that are important to understand before you make any sort of digital transaction. Here, we’ll outline some of the key terms used in the crypto marketplace, and identify how crypto lending differs from traditional financing, including potential pitfalls. If you’re unsure about your options, you may want to...

আরও পড়ুন

Helio Lending

এই ব্লগটি সন্ধান করুন