Cryptocurrency loaning platforms connect borrowers to a network of lenders. If you don’t want to sell your cryptocurrencies due to the price or you just want to HODL your coins then you can get a crypto-backed loan. You will receive the cryptocurrencies back once you have paid back the loan. For lenders you have the chance to make some interest by loaning your cryptocurrency or capital.
xCoins is a peer-to-peer lending platform which connects lenders and borrowers allowing them to create secured loan contracts. Lenders can set their own interest rates and collect the fees for their loans whilst xCoins manages the transaction for them. They accept all major payment methods including Debit cards, Credit cards, PayPal, eCheques, and Bank transfers.