Pure-Central Facilitates Peer-to-Peer Crypto Lending

Cryptocurrency enables you to ‘be your own bank,’ and banks are more than just a place to put your money – they’re also a place from which to borrow. Pure-Central launched in late 2014 and aims to connect lenders with borrowers for loans in multiple cryptocurrencies.
James Donavan, developer at Pure-Central, said:
“The key to Pure-Central’s success is in the fact that we offer digital currency services for Bitcoin, Litecoin, Dogecoin, Namecoin, TheWLD, Peercoin, Darkcoin, and AuroraCoin – no one offers the variety that we do. … We are confident that [the] cryptocurrency market is ready for what we have to offer.’
Identity Requirements
Pure-Central requires borrowers to submit a passport or state-issued ID, proof of income, and proof of residence. Investors (lenders), however, need not submit any such documentation.

This post was published at Coin Telegraph on 2015-01-13.

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