Change the wallet network in the MetaMask Application to add this contract.

• Traditional finance institutions are failing hard on this issue for ages – it is time we take it in decentralized hands and solve.
• This token is in some sense irrelevant to Debitums lender/borrower ecosystem.
• The token page shows information such as price, total supply, holders, transfers and social links.
• It will be a blockchain and trust based ecosystem joining various players (investors, risk assessors, document validators, insurers etc.) to complete end-to-end financing loop for SMEs.
• Many investors bought into Debitum believing that it was a good investment with high returns.

Debitum explains that the dramatic interest in their cryptocurrency was not out of innovation for technology, rather, it was for the purpose of pumping and dumping. Today, the DEB token on Debitum’s Network is used for loyalty programs and liquidity, and in the future, Debitum plans to expand the utility of their cryptocurrency. It is generally recommended to deposit in euro to avoid loss on currency exchange, as the platform operates with euro.

Transparency & Security

Investors are required to take an additional step and fill in an investor questionnaire. Over time, I actually feel that some of these tokens are going to improve the world, and I want to make sure those tokens get promoted as well,” said Draper. Regulations governing cryptocurrencies vary by jurisdiction and may change over time, which could impact the legality and use of cryptocurrencies. If you are planning to trade crypto, please consult a financial adviser. After the start of the token on Dec 7, 2017, on the Ethereum platform, more than 12,720 wallets owned/owns DEB also 44,114 successful token transactions have been recorded till today. Investors should conduct their own research and analysis before making any investment decisions.

DropsTab is an independent market cap website and is not affiliated with any project or company. We also gather additional information from different sources to ensure we cover all necessary data or events. The industry is still in its nascent stage and while there are definitely some illegitimate companies, there are also many honest, hard-working and profitable ones. Debitum is certainly one of those companies that is honest, hard-working and profitable. Cryptocurrencies are one of the highest risk investments in the market today, many critics have expressed that trading cryptocurrencies is tantamount to gambling.

Debitum Network Reviews

You should also be aware of the potential for loss, and only invest what you can afford to lose. For the last 30 days, more than 4 DEB transactions have been made, on average daily 0.13 completed transactions. View the total and circulating supply of Debitum Token, including details on how the supplies are calculated. An overview showing the statistics of Debitum Token, such as the base and quote currency, the rank, and trading volume. Opt-in, make your first trade on Exchange Plus & receive random crypto rewards from 10,000 SHIB, to 0.01 BTC.

On their platform there are absolutely no investment fees, which is certainly one of their greatest features. However, borrowers may visit their website to find out more about their local partners. If those local partners exist within the borrowers proximity, then they may contact them there. Peer-to-peer https://cryptolisting.org/coin/deb/trade lending has proven to be a functioning liquidity solution for many. Due to excessive regulation and bureaucracy it has become increasingly difficult to obtain a loan from a bank. Platforms like Debitum have proven to be potential answers to those who are unable to receive liquidity from banks.

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We are proud to release asset backed securities and enter the regulated financial market. This allows Debitum to continue the journey to be a highly professional and well recognized investment platform for investors. ICO Drops is an independent ICO (Token Sale) database and is not affiliated with any ICO project or company.

• Complete cryptocurrency market coverage with live coin prices, charts and crypto market cap featuring coins on 635 exchanges.
• Debitum Network is a Latvian peer-to-business lending platform founded in 2018.
• After filling in the basic information such as, name, email and phone number, users can then proceed to KYC verification.
• All information including our Interest Level rating, is provided merely for informational purposes.

Debitum has released many statements indicating their commitment to expanding their cryptocurrency. With this scenario in mind, the Lithuanian government encouraged peer-to-peer lending platforms like Debitum to provide credit. Because of these reasons, the ecosystem continued to function during the crisis. Debitum claims that in the worst case scenario, Debitum could continue functioning for at least 12 months. On Debitum, you can manually invest or use the auto-investing software.