Review on HOLD by LUIS RIVERO R
This platform allows us to obtain loans backed by our cryptocurrencies, we can…
This platform allows us to obtain loans backed by our cryptocurrencies, we can obtain cash advances that we can then pay and continue with our assets. if there is any decline in the market we can make an advance without needing to sell and when it appreciates we could pay our debt and keep our assets intact. The method of use is simple, using the official wallet assets are transferred, the desired advance is requested with the application for the cell phone
what I basically do not like is that these benefits are not yet available, it is only possible to enter or download the application and make tests.
Updated 5 years ago
Rating changed from 3 to 4
Platform even in Beta period, mobile application without real utility.
Your debit card that will be issued by Visa is formally announced.
Currently the card is only in trial period, but by a limited community of users according to official data regarding the availability of cards and system capacity.
Since these advances were announced, new alliances that make Hold, really an enticing temptation, were announced.
The next updates will be announced at the end of July, announcing the results of the progress.
Pros
- Possibility of using fiat money with backup of assets in cryptocurrencies. It is NOT necessary to sell the assets to access the money. The money is received immediately. Physical card availability for worldwide payments like any bank card. Possibility of making free withdrawals at ATMs with the card. profits if loans are made. Users receive incentives in their native hold token, for the use of the platform
Cons
- To apply for the card you have to be placed on a waiting list. Only the wallet for cell phones is available. The app is not available, it does not offer the benefits. Actually you can not ask for loans or endorse it with our assets only in projections.
