Outside Source
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Interest in the Kelexo (KLXO) presale has been rising, especially among Dogecoin (DOGE) and Bitcoin (BTC) holders.
Dogecoin stalls
Dogecoin is a decentralized currency that allows its users to use it for free.
The network employs cryptography to guarantee the security of every transaction and the Dogecoin digital ledger is updated continuously with new ones.
However, the security of Kelexo is way better.
As a reward for maintaining the blockchain, miners receive more Dogecoin, which they are free to keep or trade for other cryptocurrencies.
Dogecoin is not a very good store of value, but it can be used for transactions and payments. With a 2% loss over the 24 hours, prices remain stagnant.
Bitcoin has its challenges
Bitcoin is a virtual currency that can be used to make and receive payments. It is not controlled by any third party.
However, it lacks the ultimate transparency and privacy that the Kelexo has.
Bitcoin can be acquired on several exchanges and is given to blockchain miners as payment for validating transactions.
Unfortunately, Bitcoin transactions remain slow, expensive and inconvenient.
Kelexo can rally
Kelexo is a marketplace that connects loan providers to borrowers.
It’s a lending platform where users communicate with each other without needing a middleman to approve, process and prolong the authorization process.
Users who want to start lending money or who want to get a loan can easily do so. All they need to do is list their loans online.
As a decentralized platform, Kelexo gives its users instantaneous loan payouts along with the lowest transaction fees available.
To join Kelexo, users can simply sign up as there is no need for any KYC to differentiate it from the traditional ways of lending and borrowing.
There is a 2-minute process of listing their loan online and simply stating the amount they are willing to pay and the interest they want to receive.
Users get access to a debit card, so they can easily access the funds in their Kelexo wallet directly with merchants worldwide.
Kelexo is currently in stage two of presale with a price of $0.028.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
This article first appeared at crypto.news
