Lending in the crypto space is a much needed service. Defi Kings is expanding their services portfolio to meet the demand of people needing to borrow.
— Chris Hughes
UNITED STATES, August 27, 2022 /EINPresswire.com/ — Defi Kings ($DFK) is a utility-based cryptocurrency running on the Binance Smart Chain. Registered as a legitimate business in the United States, its core mission is to create products and services through several business units that generate profits to be shared with its token holders. With several already running and more being developed, they have announced the latest, Defi Kings Lending.
Defi Kings Lending ($DKL) is the first utility within their ecosystem that is being launched as a secondary token. The service aims to capitalize on the great demand for loans in the crypto space. A borrower can complete a simple online application to request a loan. There are no credit checks or personal information of any kind required to obtain a loan. All the borrower needs is sufficient collateral to secure the loan. Once the application is submitted, a loan officer will validate the merit of the collateral being offered and will put together a custom loan offer for the borrower to accept or deny.
The loans will be supplied for any legal reason the borrower needs funds, but Defi Kings Lending is specifically targeting their marketing to those that want to get into other projects without selling their current assets. Defi Kings co-owner, Chris Hughes said, “With the launch of new projects or updates to existing projects, there are opportunities that present themselves to crypto traders every day with the potential to provide quick gains. For traders low on funds or short on time to trade fiat for the…
