- Via UniLend integration, CryptoLocally will integrate ERC-20 based staking into their Finance Wallet
- CryptoLocally lists UFT for trade, becoming the first P2P platform to offer UniLend’s native token
- As interest in cryptocurrency spreads throughout India, UniLend and CryptoLocally team up to cultivate an expanding P2P community
CryptoLocally and UniLend have announced a partnership to add additional features to CryptoLocally’s Finance Wallet. CryptoLocally will use UniLend’s lending and borrowing services, allowing for more ERC-20 based staking within the Finance Wallet. It’s thrilling to see proprietary technologies cooperating to bring more capabilities to decentralized finance, improving the user experience and lowering the barrier of entry to new crypto users. Partnerships like these increase the options we have moving forward as we build out our ecosystems, strengthening one another’s service and expanding the possibilities, making CryptoLocally a welcome addition to the league.
CryptoLocally’s actively implementing new enhancements to their P2P trading platform, as they become a leader in the blockchain space. As a P2P exchange they’re pioneering DeFi integrations. They’ve already expanded the possibilities for P2P exchanges while providing an easy way for users to earn staking rewards on their crypto assets.
One big win for UniLend from this partnership is that CryptoLocally will be adding UniLend’s native token, UFT, for trade. This makes them the first P2P platform to offer UniLend’s native token to their users.
What is CryptoLocally?
CryptoLocally is a P2P crypto trading platform where traders are able to buy and sell crypto in the fastest and most efficient way possible, using their preferred local currency. Their platform is non-custodial, secured by a revolutionary smart contract escrow. They offer the opportunity to earn crypto while trading or earn interest on their cryptocurrencies using the latest DeFi integrations.
What is UniLend?
UniLend is a permission-less DeFi protocol combining spot trading services and lending/borrowing functionality on the same platform.
Current DeFi protocols support a limited number of assets. On UniLend, anyone can list any ERC20 asset for decentralized trading and lending/borrowing. UniLend’s mission is to unlock the full potential of decentralized finance, tapping into a much wider Total Addressable Market, by creating a marketplace for multiple DeFi services.
UniLend plans to level the playing field and keep gatekeeping out of the equation.
Get a more in-depth overview of UniLend here.
The UniLend team would like to thank our community for your incredible support thus far. We remain at your disposal should you have any questions. Don’t hesitate to reach out to us!