Welcome to Giantgist Bitcoloan Review, in this article you will find out what is Bitcoloan , how can it work, and if Bitcoloan is a con or legit.
BitcoLoan claims a marketplace where people can borrow or lend money. Their algorithms permit you to discover the relevant offer in a matter of seconds.
Borrow or earn on loans while we look after security and other details.
BitcoLoan is a peer-to-peer crypto lending platform that helps those that need money to get people willing to bail them out.
It wouldn't be really easy with no quick search feature though; having its help lenders and borrowers will find a relevant offer in just a few minutes.
BitcoLoan is a service that enables their clients to obtain a crypto loan or develop into a lender. By utilizing Bitcoloan's quick search feature, a borrower or investor could find the relevant offer within just a few minutes.
They're not just a bank or some other financial institution – they only help people see what they're looking for.
When someone is in desperate need of a loan, they pick up a lender. Additionally they help those who want to make money by offering some investment options.
What is BitcoLoan?
BitcoLoan is not just a bank or financial institution per se; they are basically some sort of helping hand to people in need. If you wish to loan your cryptocurrency to others but are skeptical concerning the borrower or the return. In that case, Bitcoloan is merely the platform for you which also does not require almost any paperwork for eligibility.
On the Bitcoloan platform, both lenders and borrowers can get a suitable offer within a few minutes. It is as much as the average person about for how long he/she wants to lend or borrow cryptocurrencies. However, the minimum requirement is of 30 days.
Not only that, using the BitcoLoan services, the interest rate for every loan offer is a lot favorable for both borrowers and lenders.
If you should be a lender, you are able to loan your cryptos for days of your choosing(minimum 30 days), and inturn, you will yield as much as 0.6% to 0.9% profits daily. On the contrary, the interest rate for the borrower is the cheapest set alongside the market; one needs to pay 1.5% interest per day.
For example, suppose you wish to borrow $100 worth of BTC for 30 days, the platform will find a lender for you. Following the 30 day period ends, you should pay $18 value of cryptos other than loan cryptocurrencies.
BitcoLoan: How it works?
As we've mentioned previously, BitcoLoan is sort of an intermediary party or guarantor between a lender and a borrower. Down below, we will discuss how you can join the platform and begin enjoying its features both as a borrower and a lender.
How Secure is BitcoLoan?
As per BitcoLoan's claims, the web site is one of many secure platforms for your investments. Once you've created your account, you need not worry about your funds'safety because the platform implements many of the essential security tools for its protection.
The platform implements Face ID and two-factor authentication techniques to secure your account, meaning that only you are able to access your account.
Moreover, the platform employs end-to-end encryptions for data transmission preventing third-party cybercriminals from accessing your account. Besides this, BitcoLoan also uses secure SSL connections to incorporate a layer of security to your account's assets and data.
Final Verdict
BitcoLoan is available to new partnerships and cooperation. If you're an institutional investor or various other company willing to work with them, just contact them via the special form on the next page.
They'll be glad to get new application areas and cooperation formats that they would all find convenient. They're looking towards hearing your suggestions and questions.
