Average Ratings 0 Ratings
Average Ratings 2 Ratings
Description
You can use your NFT assets as collateral to secure a loan or lend to others using their non-fungible tokens. Any ERC-721 token can be utilized for this collateralization process, allowing other users the opportunity to provide you with a loan. Upon accepting a loan, the funds in ETH will be disbursed from the lender's account directly to you, while your NFT will be securely locked within an NFTfi smart contract. Once you fulfill your repayment obligations, the asset will be returned to your possession. However, if you fail to repay the total amount by the specified due date, the NFT will be transferred to the lender. Engaging in providing small, short-term loans to others can yield enticing returns, but it is crucial to thoroughly understand the assets involved in lending and to be prepared to accept the collateral in case of default by the borrower. Additionally, assessing the risks associated with each loan will help you make informed decisions about your investments.
Description
Vauld strives to deliver a banking solution focused on customers by utilizing blockchain technology. We plan to categorize your cryptocurrencies distinctly and provide services that make blockchain-based technologies accessible today. Our platform for asset-backed lending and borrowing currently accommodates a variety of cryptocurrencies including Bitcoin, Ethereum, XRP, BAT, XLM, USDT, USDC, BUSD, TUSD, and DAI. Users can earn some of the highest interest rates available in the industry on major cryptocurrencies, with interest calculated daily and paid out weekly on all holdings. You have the freedom to withdraw any amount at your convenience while still accruing interest. Additionally, you can choose to enter fixed deposits for even greater interest earnings, with the flexibility to withdraw without incurring any penalties. Interest is compounded weekly or at the conclusion of the fixed deposit term, providing excellent growth potential. Furthermore, you can secure a low-interest loan against your existing crypto assets, and our platform offers a robust order book for trading all supported tokens. Trade cryptocurrencies with INR at some of the most competitive rates available in the market, ensuring you get the best value for your investments.
API Access
Has API
API Access
Has API
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
NFTfi
Founded
2020
Country
South Africa
Website
nftfi.com
Vendor Details
Company Name
Vauld
Founded
2018
Country
Singapore
Website
www.vauld.com