Kelexo (KLXO) Lending Solutions Reshape April’s Crypto Landscape: Ripple (XRP) & Bitcoin Cash (BCH) Jump Onboard

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The crypto landscape is begging to steer off its losses. With crypto prices rising again, one can assume market stabilization will halt soon. A crypto analyst has suggested that this is the right time for new investors to get into the game and buy what is popularly known as “the dip.”

With the yet-to-launch crypto lending platform in stage 2 of its presale, Ripple (XRP) and Bitcoin Cash (BCH) holders are rumored to be jumping aboard the presale. Now selling for $0.05 per token, the Kelexo (KLXO) presale is the perfect entry point for any smart investor. 

Is Ripple (XRP) losing investors to Kelexo (KLXO)? 

Ripple (XRP) is a payment structure for most users’ transactions on any blockchain. As one of the few platforms with centralized governance in DeFi, the Ripple (XRP) network has made its mark by performing over 1,500 transactions per second. For the most part, the selling point of Ripple (XRP) is its ability to provide a wide variety of applications and cases related to payments.

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The Ripple (XRP) token, on the other hand, is run on the decentralized Ripple (XRP) Ledger. As the native token of the platform, the token now sits as the 7th highest-ranked token in the global crypto market. The news suggests that some Ripple (XRP) holders may be dumping the token to buy into Kelexo (KLXO). This is partly due to its daily trading volume dropping to $932M.

Bitcoin Cash (BCH) to be halved in the next halving event

Bitcoin Cash (BCH) was created in 2017 by mining hardware manufacturer Bitmain. Designed to serve as a P2P electronic cash system for the crypto community, users now use the protocol for fast payment options. One unique thing about Bitcoin Cash (BCH) is that, as a Proof-of-Work (PoW) platform, the protocol can scale to meet the demands of a global payment system.

The upcoming Bitcoin (BTC) halving event will also see a reduction in Bitcoin Cash (BCH) halved. Currently, there are about 20 million Bitcoin Cash (BCH) tokens in the market. At the end of the event, this number will be reduced by half. 

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Most investors hope this halving will increase the token value and earn them more money in the crypto market. The news has also reported that Bitcoin Cash (BCH) could retain some of its earlier resilience in the crypto market.

Kelexo (KLXO) to revolutionize crypto lending for the better

The Kelexo (KLXO) protocol is a crypto-lending platform. Designed to increase people’s access to crypto lending, the protocol aims to reduce all of the barriers associated with crypto lending. For example, traditional platforms use liquidity pools as a source for crypto lending. This increases the time taken to borrow tokens and makes token lending expensive with the additional interest that caters to all the parties involved.

With Kelexo (KLXO), users will borrow tokens directly from their owners, making the process faster and less expensive. Another benefit of using Kelexo (KLXO) is that users will not need to undergo a KYC process. 

Traditional platforms use this process to get documents from people before lending them tokens. Kelexo (KLXO) has removed the KYC process from its operation mode, meaning that users are safe and do not need to put their information on the website.

You can click here to learn more about the Kelexo (KLXO) presale activity.

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