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Nuo Network

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Lend and borrow cryptocurrency

Nuo Network is a cryptocyurrency focused financial platform that supports various financial products. Some of these services are lending, borrowing and margin trade. It is one of the first platforms that provide a cryptocurrency lending platform. Users can use Nuo Network to get loans from other users through a peer-to-peer network. They can also use Nuo margin trade features to get shared liquidity with other traders and up to 10x leverage.

Nuo’s vision is to rewrite the global debt on the blockchain, and its mission is to create a peer-to-peer debt marketplace. In short, Nuo’s goal is to provide an alternative lending and borrowing marketplace to the cryptocurrency industry to compete with traditional lending services such as banks. Nuo is based in Mumbai, India.

Categories

DeFi

Location

Mumbai, India

Year founded

2018