Published: 21 Feb 2018 › Updated: 21 Feb 2018
Daily FUD - Novalend Review + Ask the CEO Your Questions!
This is my longest and most thorough review yet. There was a lot to cover. See below for a quick look at the pros and cons or skip ahead to 21:33. Also, send me your questions for the CEO of Novalend. These questions can be about Novalend or lending platforms in general. I will ask him ALL of them and get you answers.
Key Date: 39 and 69 day after the lending platform opens
Pros:
- Staking is based on NLC not USD
- 3 different options for staking for both small and big investors
- Ability to earn reward points to use at merchants or unlock special platform features
- Get paid interest in BTC, ETH, USDT, or NLC
- Users are limited to 500 NLC every 24 hours for the first 30 days after exchange opens
- Low coin supply
Cons:
- Capital lock
- No real proof of trading
- Too large of an affiliate program
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