Review on INLOCK by Özgün A
Alternative financial resources
Today, getting a loan in the physical banking system is quite costly. Many other expenses such as repayment plans, file costs are added to this loan. This is where Inlock comes into play. It creates alternative points of financial need.
With Inlock, you get rid of extra processes. In addition, this project can be adapted to many business transactions.
The Inlock project has a version compatible with mobile devices. You can start earning interest by taking loans from cryptocurrencies.
With the Inlock project, all your crypto assets are secure. In the tutorial section on their website, you can watch how to buy credit, how to deposit, how to pay and buy cryptocurrencies.
In order not to be affected by inflation, your assets are backed by US dollars. You can also lend money on this project. You constantly earn passive income from the loan you lend.
As a result; The Inlock project is a reliable project created to create alternative financial credit routes.
Pros
- It has an insurance partnership with AM Best
- It allows you to be less affected by price fluctuations
- You can trade between cryptocurrencies and fiat currencies
Cons
- Project is still not popular enough. Also, the project is difficult to understand
