Suretly price is $0.00523161
The latest price of Suretly (SUR) is $ 0.00523161, with a 24-hour trading volume of 27.0. In the last 24 hours, Suretly has increased by +0.00%.
Suretly is a distinctive cryptocurrency offering that operates on the principle of 'crowd vouching'. In this case, crowd vouching is an alternative investment opportunity that allows users to earn returns by vouching for individuals who are in need of quick, short-term loans. The catch is that if the borrower defaults, the vouchers are liable for the funds. It's essentially a communal risk-sharing strategy backed by blockchain technology.
Suretly was developed by an international team of creators focusing on bringing innovative and reliable services to the world of financial technologies. Their official website can provide additional information about the team and their design philosophies. Yet, as with any blockchain project, it's always crucial to do your own research and understand the risks associated with investing in any cryptocurrency.
Suretly operates under a unique business model. On their platform, users aka 'vouchers' can select borrowers they would like to vouch for. Vouchers then share the risk and return of the loan. If the loan is paid off, the vouchers receive a profit. But if a loan fails to be repaid, the vouchers are responsible for the funds.
Suretly's uniqueness lies in its innovative adoption of the 'crowd vouching' concept. Most cryptocurrencies focus on DeFi, trading or payment solutions. Suretly, on the other hand, ventures into a relatively untouched domain - crowd-funded short-term loans. This makes it attractive for those who want to diversify their crypto portfolio or are interested in peer-to-peer lending model.
Suretly (SUR) has a total supply of 0.2M tokens. Of these, 0.2M tokens are currently in circulation.
Safety and security are integral to any fintech platform and Suretly is no exception. The 'crowd vouching' model inherently has default risks which are shared among the voucher pool. On the tech side, Suretly uses blockchains, which are generally considered secure due to their decentralized nature and cryptographically linked blocks. However, as with all platforms and cryptocurrencies, it's essential for users to thoroughly understand and mitigate their own risk.
Absolutely, thanks to its nature as a cryptocurrency, Suretly's performance can be tracked on our site as well as many other crypto tracking platforms. These tracking sites allow investors and vouchers to monitor Suretly's price, market cap rank, trading volume, and other important metrics.
Suretly (SUR) can be purchased on the HitBTC. As with any cryptocurrency, ensure you're using a reputable exchange and exercise caution when making transactions. Always remember to move your Suretly tokens to a secure wallet that you control as soon as reasonably possible to maintain safe custody of your coins.
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