PawnHub Creates Waves As Hong Kong's First Licensed Crypto Lender

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PawnHub is a loan company based encryption Hong Kong, and is proud to be the first to get the appropriate action by the government of Hong Kong licenses. In addition to this monumental achievement, PawnHub be associated with a crypto US-based custodian leading to provide up to $ 100 million of insurance coverage for client assets.

Its innovative business model is not like a traditional loan company because it allows customers to retain ownership of their assets while having access to liquidity. This model is consistent with the characteristics of Bitcoin - fungible, often immediately transferable and divisible. This enables customers to more efficiently invest loans in a number of investment vehicles for as little or as much time as they like.

The location of the Pawnhub in Hong Kong caters you several neighboring nations, which are some of the biggest crypto nations in the world. There are China, Singapore, Japan and South Korea as potential countries for the immediate expansion as PawnHub growing operation and customer base.

Because cryptocurrencies still need to mature, standard financial instruments in more established markets such as Fiat, such as derivatives, loans and bonds are now to settle in the industry. PawnHub is part of a very important next generation of financial services that help make cryptocurrency a more accessible way and established currency.

The statistics show that the expansion of the PawnHub in this area of ​​the market is a smart play as well: it is extremely underleveraged cryptocurrency. Compared to the world's population and the housing market, which is worth $ 217 zillion with debt at $ 244 trillion (what a debt to asset ratio of 80%), cryptocurrency is only worth around $ 270 billion with a debt to assets ration of 2%.

Both aspects have large amounts of space to grow. Even if cryptocurrency became a 10% of the world market for it, cryptocurrency still have to grow to a size of 21.7 trillion, or 100 times its current size. The ratio of debt to assets would have to grow at a similar level, if not higher.

In the first operation being licensed in this part of the industry, while in a privileged place in the world, should allow Pawnhub to explode in terms of clients served in the following years.

This development comes at a time when other parts of the cryptosphere are developing at a similar rate, ie the investment opportunities will also grow well.

More investment opportunities mean more desire for capital, and the positive feedback loop between credit and investment Pawnhub allow not only grow, but client projects to invest in Pawnhub too.

easy accessibility of Bitcoin can make services Pawnhub a popular choice in the future for access to banking services, as many entrepreneurs from developing countries have difficulty achieving I loans because of the lack of an account history credit, or other documentation is missing.

Perhaps with PawnHub and cryptocurrency, you will be able to get the funds they need and help fund small businesses that fuel local development in their city.

This is a sponsored story presented. CCN urges readers to carry out its own investigation with due diligence on the company, product or service mentioned in the above content.

Last modified: February 9, 2020 16:18 GMT Sponsored

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