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MECH Price

What is Merchant Finance?

Merchant Finance is a financial services platform based on Merlin blockchain that allows users to engage in peer-to-peer lending through smart contracts. The core characteristic of Merchant Finance lending platform is decentralization, meaning there is no central authority controlling or managing transactions; instead, everything is executed and managed through programmed code. Borrowers can directly obtain funds from other investors without the need for traditional financial institutions as intermediaries. This approach can reduce transaction costs, increase transaction speed, and provide broader market access. Loans are typically made in cryptocurrencies, and the terms and interest rates of the loans are automatically determined by Merchant's smart contracts.

All About MECH

Price in USD
All-time high$0.000407
Market Cap-
24h Volume-
Contract Address0xf34CFB7c220f71dcfD3E94fFf48a428815c1fE99
ETH Address-
BSC Address-
24817

Merchant Finance

MECH

$0.000119

Last traded 2024-07-05

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MECH Breakdown

About MECH

  • Categories

    Lending

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