Moneto ICO

MONETO - WE ISSUE INSTANT LOANS SECURED BY BITCOINS

Best Wishes to All of You

Introduction

There is a continuous increase of growth of interest among expanding Bitcoin investors. In recent years the crypto-currency market has attracted the attention of big players, even amongst the financial institutions. Investment opportunities within the Bitcoin market are developing in a randomly variegated formula.

Today, the most effective strategy for Bitcoin investment is the HODL (Buy-and-Hold). The HODL strategy is preferred by investors than the Day-Trading strategy because of the constantly adding value of Bitcoin. https://www.mone.to/, is however, an innovative concept different from HODL and Day-Trading investment strategies. The niche it is carving in the Bitcoin market is a lending service/credit facility.

ABOUT MONETO

MONETO — the special online cryptocrediting service. With the help of this unique project, players, specialized in trading with Bitcoin, will be able to promptly withdraw fiat money on the security of the cryptocurrency and buy back the cryptocurrency with a small commission.

The first and most important task is to transfer your money needed for different purposes. We allow you to take a great deal of money from the blockchain system at that actual current exchange rate. The second, no less important task to solve, is to keep your savings in BTC. You will be able not only to get money out of the “blockchain stash of cash” in time and use them in the opened window of opportunities but also to return your bitcoins later, after the rate increases.

And the most important thing: Bitcoins will be repurchased at the same rate you sold them to us. That’s it! Having repurchased them with some extra payment, you increase your savings because of the difference between the old and new cryptocurrency rates.

MONETO charge interest rates of a small percent for giving money to you and keeping BTC until it is repurchased. In fact, you won’t notice it in contrast to the received amount. Bitcoin has recently started gaining popularity, but many financial instruments have already appeared in the market, which is traditional for offline monetary units.

Thus, a credit service for this cryptocurrency has become one of the most popular instruments in the world.
The possibility of borrowing Bitcoin is provided both by specialized exchanges and by profile online platforms.
Due to the lack of clear regulation rules, such transactions are risky.

People who want to take a loan in cryptocurrency will need to provide a certain package of documents, including a copy of the identity document as a guarantor and a tool to identify risks. For the investors, who want to provide a loan, there remains the option that the loan will not be returned. Most often, the indicator of the borrower is an internal rating of the resource that provides such services.

MONETO will provide an opportunity to take a loan on the security of Bitcoin as quickly, conveniently and safely as possible. A participant in the platform will be able to choose the best loan conditions by creating an application for a loan. It is planned that the maximum amount of a loan will be up to 70% of the collateral’s current value. The user will be able to return the deposit by paying a small commission.

If he or she does not take advantage of this opportunity, the mortgaged Bitcoin will go to the platform. Then it will be sold on the exchange. Money is transferred directly according to the payment information provided. In order to get a loan, the borrower needs to go through the identification process.
MONETO is a specialized platform to provide loans in a fiat money on the security of Bitcoin.

FEATURES PROVIDED MONETO PROJECTS

By using our product, users will be able to get more-favorable conditions for their loans, without selling cryptocurrency. There is no need to sell the digital currency in order to receive cash; a user only needs to transfer the required amount of Bitcoin as collateral. Returning the mortgaged cryptocurrency is simple: before the end of the loan period, the user must transfer the amount loaned and pay a small commission for using the loan.

The loan is transferred according to the given payment data of the user; Thus the verification of identification details is required. Each user will be able to choose the type of loan. For example, if the user needs the maximum amount of a fiat currency (up to 70% of the actual value of Bitcoin at the current exchange rate at the date of purchase), then there is an opportunity to take a high-risk loan.

However, in this case, the mortgage will be sold immediately after the end of the loan period if the client does not buy back the Bitcoin in time. An alternative way is a standard loan, but here, the loan will be given in the amount equivalent to 50% of the value of the cryptocurrency.

At the same time, both operational activities and additional commission costs will be minimized. In the future, borrowers will be able to use cash in ATMs, settle in stores and outlets via terminals, or make online purchases on the Internet, depending on their needs. A mobile application that will be installed on a smartphone or tablet will help users make all transactions. At the moment, a test mode is already available. It allows users to view all operations while using Testnet Bitcoin as the cryptocurrency.

In addition, it should be taken into account that the Bitcoin exchange rate, according to the trend of recent years, shows stable growth, especially in 2017, and MONETO will provide users with an opportunity to buy back their mortgage by the rate that was at the time of the loan. Therefore, customers, thanks to the MONETO service, will be able to make good money and pay off all possible costs, increasing their capital.

Information on Token MONETO

MTO tokens will be book-entry securities. MTO tokens can be freely transferred between all participants in Ethereum. The owners of the token will receive annual dividends and MTO pay tokens on the exchange. Dividend payments will be made once a year (subject to exceeding the amount of payment over the amount of commission required to pay out). Thus, it is enough to purchase the system tokens in order to obtain a passive income.

Payments to holders of MTO tokens will be made in the Ethereum cryptocurrency. Since payments are made once a year, it is necessary to take into account the changes in the balance of the holder's accounts during the payment period for a fair distribution of funds among all the holders