Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Tuesday, April 20 2021 - 14:59
AsiaNet
Lendary launches high yield margin-lending algorithm for crypto trading in Asia
MUNICH, April 20, 2021 /PRNewswire-AsiaNet/ --

The future of fixed income is coming to Asia


Lendary(https://www.lendary.net/), the fintech company that has revolutionized 
margin lending in crypto markets with automated peer-to-peer lending, is 
expanding its service in Asia. The Lendary.net platform will be available in 
English, Chinese, and soon, Bahasa.

"Asia has always been in our plan," said Agost Makszin, Managing Partner of 
Lendary Asia. "We want to launch in this region with a proven track record and 
well tested platform; after two years of solid performance delivering 
double-digit returns for our users, we are ready."  

Lendary has successfully funded more than 550,000 margin trades with lending 
volume issued reaching US$650 million as of Q1 2021. Since July 2019, Lendary 
has seen a year on year growth of more than 200% on margin volume issued on 
Lendary.net. Globally, the active margin volume used on the relevant exchanges 
has increased from US$300 million in 2019 to US$1.6 billion in 2021.   

Lendary enables investors to earn passive and fixed income from the 
cryptocurrency space without directional crypto exposure. Lendary automates 
margin lending with provision of capital to margin traders in a fully 
controlled environment on one of the largest cryptocurrency exchanges. A robust 
liquidation technology ensures that the capital is paid back to Lendary users 
with earned interest regardless of the margin traders wins or losses. 

Video - https://mma.prnewswire.com/media/1488663/Video.mp4

Simply put, Lendary allows investors to act like a bank, lending money to 
margin traders who pay interest in return, creating a constant stream of fixed 
income, all of which can be tracked via a personalized dashboard. 

"Lendary's service may find particular appeal in Asian markets where interest 
rates are traditionally low with some having been in the negative interest 
territory for over a decade," said Benjamin Thomsen, Co-founder and Managing 
Director of Lendary. "Lendary aims to provide an alternative, opening up the 
future of fixed income." 

How Lendary(https://www.lendary.net/) works: 
https://www.youtube.com/watch?v=4NbQ3r3X6QI 

About Lendary 

Lendary(https://www.lendary.net/) is a fintech software that automates margin 
lending on one of the largest cryptocurrency exchanges, delivering a constant 
stream of fixed income in a fully controlled environment. The high frequency 
lending algorithm deploys capital to fund margin trades on the best possible 
interest rates on a 24/7 basis. Follow Lendary 
Asia(https://www.facebook.com/LendaryAsia).

Media Contact: Lendary Team( 
https://m.facebook.com/messages/read/?fbid=109526634545310&source=source%3Apages%3Amessage_shortlink&_rdr) 
joepan@forkast.studio, +85266224453


SOURCE:  Lendary