LBA Token: Now Available In the US

1 min read

Cred’s Lend-Borrow-Asset (LBA) token hodlers and US residents have a new reason to be excited today. For the first time, United States residents will be able to purchase LBA through Uphold with zero commissions. LBA is already available for purchase in 180+ countries.

“LBA is designed to empower individuals and companies to take control of their financial services, lowering interest rates on loans and increasing interest on digital assets,”

said Dan Schatt, Co-founder and President of Cred. “It will also become a powerful governance utility, allowing LBA customers to vote on product enhancements that are meaningful to the LBA community. We’re thrilled that Uphold is the first to make LBA available in the United States, and share their commitment to providing more inclusive, transparent and equitable financial products.”

On Monday, Uphold unveiled Uphold Earn and Borrow, powered by Cred. These two revolutionary products that leverage blockchain technology to address mass consumer personal finance pain points: the desire for higher rates on their holdings and the need for less expensive and more flexible forms of credit.

LBA, a powerful utility token, introduced globally last month, enables holders to leverage these products to the highest extent. Learn more about how to buy LBA through Uphold here.

What are the benefits of owning LBA token?

Buying and holding LBA token have a variety of benefits that make it a desirable token to keep in your cryptocurrency portfolio.

  • Create better loan terms. Use LBA tokens to lower the interest rate of your loan.
  • Your opinion counts! Vote on specific projects and proposals to facilitate platform technology development.
  • Exchange and share. Share LBA with family and friends to help them better their own crypto-loan terms.
  • Utilize the protocol. Access and develop upon the Cred protocol modules- scoring, badging, identity and marketplaces.

Buy LBA on Uphold

Disclaimer: CredEarn is the trade name for a service offered to non-US persons by Cred LLC, which is an entity distinct and separate from Cred (US) LLC. CredEarn allows you to extend a loan to Cred LLC. The purpose of the loan is to allow you to earn an enhanced yield on your crypto assets, such as Bitcoin. Cred LLC is not a bank and CredEarn services are not insured by the FDIC. CredBorrow and C-LOC™ are trade names for lending products of Cred (US) LLC, a licensed lender and a wholly-owned subsidiary of Cred LLC. Loans, loan amounts, terms, and rates are not available in every jurisdiction, or for every collateral type. The availability of rates, crypto types, loan amounts, and other terms are subject to change. Loan applicants are subject to AML and KYC screening. Terms, conditions, and restrictions apply. Loans made or arranged pursuant to California Finance Lenders Law License 60DBO-58789.