KOINASCENT.COM is an Ethereum blockchain decentralized application for all-in-one banking and financial services for cryptocurrency users. We offer US Dollar loans for Bitcoin, Ethereum, Tether and KADX cryptocurrency owners and give high return passive income to users who stake crypto in their KoinAscent Wallet. Users can make Wallet withdrawals at any time.
Users receive high rewards and regular payouts on their KoinAscent Wallet crypto staking. KoinAscent native token, KADX, performs a variety of internal functions, including governance, higher rewards, reduced loan fees, higher staking rewards, liquidity pools and lowers the cost of payments. The KADX token is a governance and reward sharing ERC-20 standard token on the Ethereum blockchain.
KoinAscent is the Hodler’s home for earning passive income, borrowing, playing no loss lotteries and making crypto payments. Don’t sell your Bitcoin or Ether, borrow against it and enjoy liquidity and future appreciation. Best of all, no taxes to pay on a loan, but taxes are due when you sell cryptocurrency.
Founded in December 2017 by the British Territory of Bermuda Company, Ascent Organization LLC, the KoinAscent financial services platform offers high rewards for holding KADXtokens, NFT T-Bonds and pooling cryptocurrencies as well as services such as crypto loans, no loss lotteries and digital wallet payments.
The KoinAscent mission is to unbank financial services for cryptocurrency users by offering mobile 24/7 account access, low fees, high staking rewards, affordable loans, no loss lotteries, payments and favorable terms which are not offered by traditional financial institutions.
KoinAscent business model allows us to pay sustainable high reward rates. High reward payments are funded by the lending business which due to the higher risk of cryptocurrency generate higher rewards than traditional banks pay to their depositors. We offer much higher rates of return on staked crypto, much easier and fairer loan conditions and automated rewards computed for each user without bank type penalities or fees.
KoinAscent also functions as a digital asset Wallet, offers a “PAY” feature, and hosts our own KADXtoken which users can leverage to pay interest on crypto loans, increase earned reward payouts and other functions.
KoinAscent is the future of finance. Weekly rewards, low-cost loans, small fees, payments and 70% of the fee revenue shared with the KADXtoken community. The company lends on cryptocurrency owned by individuals and institutional entities such as hedge funds.
KoinAscent is a cryptocurrency collateral base lender with loan payments ensured because the loans are asset-backed, and borrowers must supply more than 150% of the loan amount. We lend US dollars to borrowers with cryptocurrency as collateral and users who stake cryptocurrency earn interest from those collateral crypto loans.
Keeping assets locked up in one place may be the safest approach for some, but it is not the smartest. KoinAscent generates passive income rewards by deploying assets.
KoinAscent gives our user’s access to tools to earn passive income from collateralized cryptocurrency loans. User’s coins earn high rewards as long as they stay in their KoinAscent Wallet but are never “locked up” and can be withdrawn at any time.
To ensure cryptocurrency loans are always repaid, the borrower is required to post crypto collateral of 150% or more (which means that the borrower gives KoinAscent a greater amount of an alternative crypto asset as collateral for the US Dollars they are borrowing).
By lending out from our community’s pool, we are operating the same way any old-school financial institution would. The difference is that, instead of keeping all the rewards for shareholders, 70% of the rewards are distributed to the KoinAscent KADXtoken community and 30% to the KoinAscent Treasury..
The service involves a substantial risk and can result in big returns or the loss of invested capital or somewhere in between. T&C Apply. Contact us at [email protected] or Twitter @koinascent.