Large cryptocurrency loan services

tokenloan_official
Aug 31, 2018 · 3 min read

Dear Users:

To ensure a better service for your large amount request, we provide an 1 to 1 customized service for amount over 30 thousand USD. All you need to do is simply sumbit your application by ‘Token Loan Request’, and our financial specialist will contact you shortly.

(TokenLoan is only a financial informaiton based platform, actual contract and agreements are done by third party fund provider.)

Submit Application

1.How to apply for large amount loan?

Usually 30k — 1 million USDT is considered to be large amount.

Application procedures are as followed:

①Borrower can submit application through TokenLoan platform (web and APP);

②Specialist will contact borrower offline, and set loan agreement;

③Create and use multi signature wallet, and complete pledge value transfer action;

④Borrow and transfer designated account or borrower himself;

⑤Return pledge value back to the borrower, when pay back loan amount with interest;

⑥During the terms of Loan Agreement, if the market value of pledge value depreciates under flat line. The borrower needs to increase pledge value or payback in advance. If not actions taken, pledge value will sell out to pay even the loan amount;

⑦Completion of loan cycle.

2.Material preparation for applying large amount loan?

Prepare personal, bank, or token account information, and have KYC approval, then sign agreement. Transaction after when all process complete.

3.Is TokenLoan safe to loan? How to ensure safety of pledge values?

All transactions will be done under multi signature wallet. It is under supervision of 3 parties, so any transactions would require 2 parties to approve.

Meanwhile, to protect the safety of loaner’s assets, platform will automatically sell out assets pledged by borrower when payment is overdue or below flat line market value. Sold out pledge assets will pay back to the loaner, and the rest return to the borrower.

4.How much is the “Selling Line”, and how to guarantee the safety of principal?

When pledge value below 120% of loan amount, TokenLoan is set to initiate selling pledge value application, to ensure loaner’s interest.

5.Charge Rate?

TokenLoan is a loan platform provide a bridge for borrowers and loaners. Therefore, a 0.3% of transaction charge, and 5% service charge for borrower.

6.Can I pay back in advance?How to do so?

In order to pay back in advance, the borrower needs to pay principal, interest, and penalty. In which, the interest = agreed daily rate x actual borrowed days (if not natural day, would still consider as 1 day count), penalty charge = agreed daily rate x remaining loan days x 30%

If you should have any other questions, you can contact our customer representative Andy on WeChat (WeChat ID: TokenLoan).

WeChat:TokenLoan
tokenloan_official

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