What is cred (cred)?

Let’s dive in! Cred Inc. is – or was – a cryptocurrency-based lending company founded in 2018. Led by CEO and former PayPal executive Dan Schatt and Chief Capital Officer James Alexander, they specialized in delivering crypto lending and borrowing services to customers in approximately 140 countries.

Is CRED a good platform to invest in crypto?

If you want to gain from your crypto holdings, Cred is one of the best platforms to earn interest on tokens. Cred also has ways for people and businesses to borrow in tokens, which may be cheaper than fiat borrowing options. Let’s have a quick look at some of the ways that Cred is taking the crypto economy mainstream.

What is crypto & how does it work?

Crypto are digital assets —they have no tangible form. Cryptocurrencies exist and operate on a public ledger called a blockchain, which records all crypto transactions. Blockchain encryption is designed to make all transactions immutable and secure from tampering, counterfeit, and other forms of fraudulent transactions.

What is cred (LBA)?

Cred (LBA) is a cryptocurrency and operates on the Ethereum platform. Cred has a current supply of 1,000,000,000 with 990,410,204.8211558 in circulation. The last known price of Cred is 0.00027824 USD and is down -0.87 over the last 24 hours. It is currently trading on 12 active market (s) with $12,175.06 traded over the last 24 hours.