This page describes the crypto loan marketplace functionality in Cion platform
Crypto holders can get their high-value purchases and other financial requirements funded through loans, secured by the cryptos they hold, using Cion Digital's Crypto Loan Marketplace.
It provides lenders with a platform to offer Fiat loans against cryptocurrency for various purposes, from point-of-sale financing to general-purpose, personal, and business loans.
For the borrowers, it enables viewing different loan offers from multiple lenders and selecting the one that best suits their needs. For the lenders, it’s a portal to showcase their offerings against crypto and acquire customers from diverse prospects.
Multiple APIs are developed for users to integrate and perform the above functionalities independently, i.e., without using Cion Digital’s UI. The API details are here.