Back in the summer of 2018, the Japanese messaging giant, Line Corp., launched a cryptocurrency exchange with over 30 digital assets. Now Line is introducing crypto lending services with five different crypto assets and a new lineup of decentralized applications (dapps).
The Japanese messaging software company, Line Corp., is a firm that developed the freeware application called “Line” for instant communications on a myriad of electronic devices. According to statistics, Line has roughly 80 million registered users leveraging the messenger.
The Line app launched in 2011 is similar to China’s Wechat and the South Korean competitor Kakao. Two years ago, Line Corp. revealed it was launching a crypto exchange with 30+ trading pairs and “low trading fees.”
This past August, Line introduced the company’s Bitmax wallet, the Line blockchain, and distributed ledger development platform. Line’s crypto exchange operator dubbed “LVC” announced on October 6 that the firm will allow cryptocurrency lending with five different…