By now, investors are familiar with the turbulence in the crypto markets. Even big names like Solana (SOL) and Avalanche (AVAX) have taken big hits to their valuations and are on a slow climb back up. For this reason, It is worth the effort to look out for potential market movers outside Solana (SOL) and Avalanche (AVAX).
Unlike established platforms like Solana (SOL) and Avalanche (AVAX), Kelexo (KLXO) is a new project that seeks to revolutionize the Blockchain.
What is Kelexo (KLXO)?
Kelexo (KLXO) is an innovative peer-to-peer platform that has quickly gained popularity in the crypto industry for its unique lending services. It facilitates seamless and bureaucracy-free lending and borrowing between its users. A huge advantage of this protocol is its security and scalability, which it manages to pair with total decentralization and transparency. Users of this platform have the opportunity to explore diverse loan options according to their financial needs and risk tolerance.
The simplicity of setting up an account without a need for KYC keeps user information anonymous and secure, further incentivizing the use of the protocol over traditional centralized lending institutions. With a current value of just $0.022 and speculations of a boom in the market value, new investors can bank on the Kelexo (KLXO) project.
Solana (SOL) and Avalanche (AVAX) May Just Be Too Far Ahead for Crypto Newbies
Solana (SOL) and Avalanche (AVAX) are both great altcoin investments and they have the advantage of longevity. They both operate within their protocols and have created an ecosystem for the development of various DeFi solutions. In the course of their journey, there have been many mistakes made by Solana (SOL) and Avalanche (AVAX) which new projects have the opportunity to learn from. Solana (SOL) and Avalanche (AVAX) may be great investment options for seasoned crypto traders, but for new users looking to get into the crypto market, the low price point of Kelexo (KLXO) makes it such a viable investment option for new users.
Benefits of the Kelexo (KLXO) Token
Loans have always been a hassle with traditional financial institutions. The bureaucracy, high interest rates, lack of flexibility and information vulnerability have always been shortfalls of these traditional systems. Kelexo (KLXO) intends to change that. Using Blockchain technology, Kelexo (KLXO) has launched a protocol to facilitate easy lending and borrowing, token exchange, protocol governance, incentive and rewards generation and information security.
Expectations are high for this project as it has made exemplary strides in throughput and community governance. Early investors get to capitalize on the current low price point of $0.022 while earning rewards as VIP members of the protocol. Fees would also be redistributed to presale members according to the value of their holdings. The Kelexo (KLXO) token is the native token of the protocol and it confers governing privileges upon holders. Users would be involved in making key decisions for the common good of the network and rewards and incentives would also be distributed with this native token.
It is expected that Kelexo (KLXO) will become a blue chip asset within the crypto ecosystem, and seeing as the project is still in its early stages, there’s no better time to get in than now.
Find out more about the Kelexo (KLXO) presale by visiting the website here