PawnHub.io Becomes Hong Kong’s First Fully Licensed Crypto Lender

PawnHub.io Becomes Hong Kong’s First Fully Licensed Crypto Lender

Cryptocurrencies have been around for less than a decade, and major financial instruments that are commonplace with fiat, such as loans and bonds, are just getting started in the cryptocurrency economy. 

Statistics that support the rapid growth of the crypto lending industry are staggering. The world’s 

largest asset classes, (the global stock market and residential real estate) are collectively worth an estimated $217 trillion, with global debt at $244 trillion, a debt-to-asset ratio of 80%.   

Cryptocurrencies on the contrary are under-leveraged. Cryptocurrencies have an estimated value of $200 billion, with a debt-to-asset ratio of only 2%. There is huge growth potential in the crypto lending landscape in the coming future. 

The innovative business model of PawnHub brings to the Bitcoin community the best of both worlds, by allowing them to retain ownership of their crypto assets while having immediate access to liquidity. Bitcoin is divisible, fungible, often instantly transferrable, with users able to use the loans to diversify into other assets such as real estate, and automobiles. 

With a unique position as the pioneer crypto lender in Asia, and as the first crypto lender to be fully licensed in Hong Kong, PawnHub is well positioned to serve the evolving crypto space. PawnHub has streamlined its loan processes to be simple and transparent when it comes to fees.

Its unique and innovative business proposition combined with its reputation as the first licensed crypto lender in its region, makes PawnHub one of the most trustworthy, and viable options for lenders to leverage their bitcoin for improved liquidity. 

Media Contact Info 

Contact Name: Dudley

Contact Email: [email protected]

To learn more about PawnHub.io visit – www.pawnhub.io

Find PawnHub on Facebookhttps://www.facebook.com/pawnhublimited

Follow PawnHub on Twitterhttps://twitter.com/PawnHubLimited

Join the official PawnHub Telegram – https://t.me/pawnhubunlimited

PawnHub is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

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