World Liberty Financial to Launch Crypto Lending Services on Ethereum

Bittime - Trump family crypto project, World Liberty Financial, increasingly attracted public attention after announcing the launch of the WLFI token. 

Not only that, this project also plans to launch a crypto lending service supported by the Ethereum blockchain network. Read this article to find out more!

Crypto Lending Services on Ethereum

Crypto lending services on the Ethereum network will make it easier for users to borrow or lend digital assets in a way similar to applications DeFi. 

However, the World Liberty Financial project promises to provide an easier and friendlier user experience compared to other DeFi applications that tend to be more technical.

This loan system allows users to access various financial services without intermediaries such as banks. Blockchain technology enables faster and more efficient transactions with lower fees. 

This project is able to make this technology more accessible to users who may be less experienced with the world of crypto and blockchain.

Read Also: World Liberty Financial Ready to Launch WLFI Token This Month?

WLFI Token as Governance Token

Token WLFI as a governance token will be an important part of the World Liberty Financial ecosystem. As much as 62,66% of the total token supply will be sold through a public offering. 

This token is designed as a non-transferable token, which means it cannot be traded like other tokens on the secondary market. 

The aim is to strengthen the role of governance in this platform, so that token holders can participate in decision making regarding this project.

WLFI Token Sale is SEC Regulated

According to Zak Folkman, the project's chief operating officer, the token sale WLFI will be strictly supervised by SEC. All token buyers must go through the procedure KYC which is the same as used by major crypto exchanges in the US.

The WLFI token sale will be carried out based on Rule 506(c) of the SEC's Regulation D, meaning the tokens will be sold as unregistered securities to accredited investors. 

To qualify, investors must have earned at least $200,000 per year (or $300,000 with a partner) for the past 2 years, or have a net worth of more than $1 million.

Read Also: World Liberty Financial: WLFI Token Distribution Sparks Controversy

How to Buy Crypto with Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime. over is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Monitor graphic movement price Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.