Websites for Bitcoin Borrowing and Lending

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There are very few trusted websites where one can receive Bitcoin (BTC) loans or receive interest by loaning Bitcoin. Some of the websites to be discussed include:

1) Bitbond

Bitbond emerged into existence in 2013, with its headquarters located in Berlin, Germany. The website enables users to join and borrow money, and also investors can receive interest on the loans they offer to users. They have more than 100,000 happy borrowers and investors. The peer to peer Bitcoin borrowing community has offered loans to more than 2500 borrowers. The loan application process is simple, and the loans can be received within one hour. Investors receive up to 13% interest on the loans they give, with some investors having a history of loaning to more than 100 borrowers. The duration of the loans, which are generally to help finance small businesses, range from 6 months to 3 years. Bitbond has users from more than 120 countries, and has an investment volume above $1million.

The requirements are general, including verification of documents to ensure that the borrower has read terms. Also, there is no collateral deposit before obtaining the loan. For more information or to sign up you can visit the website bitbond.com.

2) Btcpop

Btcpop is also a peer to peer Bitcoin loan service provider for Bitcoin and other altcoins. They also serve as exchangers. The majority of deposits are stored offline. Investors determine the amount of money to be loaned as well as the terms they want to use in lending to interested users. Btcpop was founded in 2014 and is headquartered in East Sussex, United Kingdom. With a large user base above 20,000, from more than 60 countries, Btcpop holds a volume above $1million. 

3) BTCjam

BTCham was the first Bitcoin to Bitcoin online lending platform, headquartered in San Francisco, USA. BTCjam has more than 100,000 users from more than 200 countries. The website supports peer to peer lending and has a volume of more than $13 Million BTC in their holding. 

Disclosure:

I have received no additional compensation other than the Ethereum that Hade Technologies pays to produce Exclusive content

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