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We Bitdeal, provide DeFi Lending and Borrowing Platform Development Services with inbuilt benefits for lenders and borrowers which makes the platform more attractive in the crypto market.
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What is DeFi Lending? DeFi Lending is the process of offering cryptocurrency loans in a permissionless manner which involves no middle man to process and has decentralized smart contracts that automate all the transactions related to crypto lending. The platforms that offer these kinds of lending services are known as DeFi P2P Lending platforms and there are more popular decentralized applications(Dapps) available in the crypto market that provide DeFi P2P lending options.
What is DeFi Borrowing? In general, Borrowing refers to the process of borrowing or getting something from someone, which is to be returned over a certain time. DeFi borrowing refers to the process of borrowing crypto assets in a decentralized medium known as DeFI Lending or borrowing platform.
Why Prefer DeFi Lending? • High-end Transparency • Quick Access • Flexibility and Speedness • Censorship Resistance • Price Efficiency and Immutability
Advantages of DeFi Lending • Highly Flexible lending and borrowing process • Faster Fund Transfer • Ultra Transparency in Transactions • Lender Passive Income • Higher Interest Rates over Traditional Saving
Benefits of DeFi Lending Platform Users • Margin Trading • Long-Term Investment Rewards • Arbitrage between CEX and DEX • Flash Loans • Non-Taxable Liquidity
How DeFi Lending Works? Initially, users have to deposit their assets and they earn interest when someone borrows that digital assets. However, the intermediary is replaced by a smart contract in DeFi lending,it dictates the loan terms. When a smart contract has been deployed on a blockchain network which is self-executing and its operations can not be stopped unless both parties agree to the terms.
Popular Lending Protocols • Aave • Compound • Maker • Nuo Network • Dharma
Who We are ? We Bitdeal - Leading DeFi Development Company offers a wide range of DeFi services ranging from DeFi Yield Farming Platform Development, DeFi Token Development, DeFi Lending, and Borrowing platform development to DeFi Wallet development,DeFi Smart Contract Development,DeFi Staking Platform development and more.
We Leading DeFi Lending Platform Development Company offers end-to-end defi lending platform development services by leveraging famous DeFi Protocols such as Aave, Compound and more with high-end support.
Contact Us Catch Us on Whatsapp : +91 9677555651 Drop Us A Mail : sales@bitdeal.net Telegram : t.me/salesbitdeal