ETHLend is the first decentralized peer to peer lending marketplace for crypto backed loans
It allows crypto holders to borrow money against the major crypto assets including ETH, BTC and DAI and several ERC-20 tokens.
The application comes with an in-app wallet, removing the need to install third parties app.
ETHLend solves the liquidity challenge of being cash-poor, but crypto-asset rich. Borrowers can request secure loans by pledging their cryptocurrency assets as a collateral to receive spendable funds. This enables borrowers to retain their exposure on cryptocurrency without the need for selling the assets when the borrower has sudden expenses.