How does it work?
• Registration and verification: Start by registering on the platform. Just enter your email and name.
• Top up your balance: Load your crypto assets into your wallet on the platform. We accept popular cryptocurrencies such as DASH, BTC, ETH, TRX, LTC, DOGE. Payments on the platform are made in USDT, USDC.
• Offer selection: From the list of loan offers, select the offer that best suits your goals and capabilities. Select the loan amount and repayment period that suit you.
• Offer creation: Create your own loan/credit offer on your terms.
• Loan processing: Once you agree to the terms and confirm (execute/conclude) the agreement, the loan will be issued instantly. The borrower's crypto assets will be blocked as collateral until the debt is fully repaid. The loan amount will be transferred from the lender to the borrower.
• Loan repayment: Repay the loan at your convenience within the established terms. Once the loan is repaid, the collateral will be released and returned to the borrower. The lender will return the loan amount + interest according to the schedule.
• Liability: In the event of default by the borrowers on their loan obligations, the collateral will be realized and the funds will be returned to the lender's account.
On the QOVVO platform you will find flexible conditions and competitive rates so that everyone can use their crypto assets to solve their financial problems with maximum benefit.