Why does everyone call Huma the 'Crypto Credit Card'? Simply put, it's because its borrowing method is very similar to the credit cards we usually use, but even more convenient!

Think about it, borrowing money in the crypto world is usually quite troublesome, often requiring collateral like Bitcoin or Ethereum, and if the prices drop, you have to worry about liquidation. Huma is different; it's just like applying for a credit card. As long as you have a stable income, you can borrow money, and the more you borrow, the better your credit gets, which can also increase your limit.

So how does it work? It's quite simple:

1. The system will set a limit based on your income situation; the more stable your salary, the more you can borrow, up to 90% of your monthly income.

2. Interest is calculated daily, and on payday, the payment is automatically deducted, so you don't have to worry about forgetting to repay and affecting your credit.

3. Every time you repay on time, your limit increases and interest decreases, similar to increasing the limit on a credit card, but it's more transparent.

The best part is that it's extremely convenient to use:

- Entirely mobile operation, funds are available in minutes.

- Once you repay, the limit is restored immediately, allowing for flexible borrowing and repayment.

- The money borrowed is USDC, which can be used directly in the crypto world or exchanged for cash.

I know a friend who works in design and said: 'Last time I got a big order and needed to front the money, my credit card limit wasn't enough, so I borrowed 30,000 from Huma. I repaid it as soon as the client settled, and the interest was only a few hundred bucks. It's much more convenient than borrowing from friends!'

Additionally, using their HUMA tokens can unlock more benefits, like discounted interest and temporary limit increases, similar to earning credit card rewards.

In short, Huma's greatest strength is that it allows ordinary workers to enjoy the convenience of the crypto world without needing to hoard coins to borrow money; income itself serves as the best proof of credit. Isn't that much better than traditional credit cards? No wonder everyone calls it the 'Crypto Credit Card' @Huma Finance 🟣 #HumaFinance $HUMA