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What is a JasmyCoin?

  • Cryptocurrency JasmyCoin (JASMY) is a project of Tokyo-based Internet of Things (IoT) provider Jasmy Corporation. By combining IoT technology and blockchain technology, the Jasmy platform restores and protects individual data sovereignty and gives users complete control over their data. The main goal of the project is to establish a secure environment on the platform where users can exchange data in a trustless manner between IoT devices (computers, cars, phones) and decentralized protocols.

What is an JASMY Loan?

  • A JasmyCoin loan is the loan borrowed against JASMY coin as collateral. Here’s how it works: you bring some cryptocurrency JASMY to a lending service, leave it there temporarily as collateral, and get an amount of a certain cryptocurrency in return. On CoinRabbit JASMY lending, we lend stablecoins such as Tether USDT, USD Coin and BUSD.

Learn more about JasmyCoin Loans

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FAQ

What is JasmyCoin used for?IconPlus

Jasmy Coin is a cryptocurrency that can be used to purchase goods and services online. The coin has a very low transaction fee and is designed to be user-friendly. Jasmy Coin can be used to buy items from participating merchants and can also be used to pay for services. JASMY has great potential.

Why should you consider a JasmyCoin loan?IconPlus

According to the JasmyCoin crypto potential growth the cryptocurrency believers can use JASMY loans for the long-term and short-term periods. The main straights of the JASMY coin:

  • Data security and control are guaranteed by the platform;
  • The system ensures the security of shared data using encryption, which acts as a double layer of protection;
  • In a decentralized society, Jasmy creates an environment for democratic decision-making;
  • A Jasmy ecosystem allows any type of user to access data with the expectation of contributing, innovating or creating value.

All this features leads to a gradual increase in the value of the coin as an asset

How does JasmyCoin loan work?IconPlus

Jasmy coin lending is a service that issues loans with JASMY cryptocurrency collateral for a yearly interest. The interest can vary from 12% up to 13,8% and more. There is no credit history and no credit checks — the only way you prove your credibility is the collateral you’re ready to provide. It will be temporarily stored in a lending service making sure you will repay your JASMY loan.

How quickly can I get a crypto loan? How quickly will you refund me the collateral?IconPlus

Usually, getting an instant JASMY loan takes no longer than 10 minutes. Since there are no credit checks, it’s that fast. The longest part of getting a loan is waiting for the confirmation of your JASMY transaction.

The collateral will be refunded instantly whenever you come back to repay your loan. You can do it when you want: in a month, in a year, or in many years — our loan period is limitless. Enjoy your money as long as you need.

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