Review on LINA by Toprak Dere

Name: LINA
Item: LINA
Rating: 4

March 10, 2021

About LINA

Recently, LINA has become an important part of the DeFi industry. LINA is the local cryptocurrency of the Linear protocol that defines itself as unlimited in terms of liquidity and allows creating synthetic assets. LINA holders can benefit from decentralized financial transactions. Linear Coin (LINA) is a crypto currency that can be used in the DeFi protocol and is preferred in staking and lending stages, allowing you to earn extra coins in the type of interest return.

LINA Coin is among the bright future altcoins for analysts. Especially the high rate of success in arbitrage transactions with LINA Coin indicates that it will be more demanded by investors in the future.

 They state that LINA Coin staking process has been preferred by investors recently. Those who have LINA Coin, lock a certain amount of LINA in their wallets and decide not to make a sale, and earn an interest in LINA Coin. 
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Pros

One of the advantages of LINA is that it can be stored under private key code and PIN code in crypto money wallets. In this context, anyone other than LINA holders is prevented from accessing or using the balance. On the other hand, crypto money can be transferred between wallets.
Speed and low cost in transfer operations are other advantages. While LINA transfer between wallets can be carried out cross-border, 24/7 LINA delivery can be done. The person has the opportunity to exchange LINA cryptocurrency with other cryptocurrencies on cryptocurrency exchanges.
LINA offers its users the advantage of decentralized financial transactions instead of traditional banking services. In this context, a person who owns a LINA can loan a certain amount of LINA to another user who needs a loan on the network. At the end of the transaction, the borrower meets his financial needs, while the lender gains the advantage of earning interest as LINA as soon as he makes a repayment request.

Cons

The disadvantage of LINA cryptocurrency is that it is volatile, as is the case with all cryptocurrencies. The price value may rise or fall momentarily. Therefore, to control the risks, buy and sell with instant price tracking.
Another disadvantage is that cryptocurrency exchanges are vulnerable to network attacks while being stored in their virtual wallets. To prevent this, it can be stored offline in desktop crypto wallets.