What are Crypto-Backed Loans?

Crypto backed loans are loans secured with the Crypto-currency you own. 

As a borrower you can borrow up to $10,000 backed by the crypto you own, Lenme holds the cryptocurrency you authorize and once the loan is fully paid back, we return your cryptocurrency.

As an investor, you can invest in crypto-backed loans in the same way you invest in any other loan, however with crypto loans,  in the case of a default Lenme liquidates the cryptocurrency and pays the remaining balance to your account at the end of the loan.