Compare Bitbond.com
Pro:
- rating system
- low minimum investment
- high returns, especially in the short-term
- contribute with small businesses all over the world
Contra:
- high default rates in the long term
- Most loans are fiat pegged, lenders will lose money if BTC goes up.
Company Location:
Berlin, Germany
Signup Requirements:
name, lastname, email, phone number and a password
Loan Types:
exchange rate pegged and BTC locked
Fee Models:
borrowers: originating fee: 1% (6 weeks), 1.5% (6 months), 2% (12 months) and 2.5% (36 months) | arrears fee: 1 EUR worth of BTC for evey email sent
lenders: repayment fee: 1%.
lenders: repayment fee: 1%.
Interest Rates:
Depends on the borrower's rating
Min. Investment:
0.01 BTC
Min. Loan:
0.1 BTC
Max Loan:
Depends on the borrower's rating. Up to a few thousand USD / EUR.
% Defaults:
avg: 41.4%
Funded Loans:
1,850+
Total Amount Funded:
2,300,000+ USD
Supported Countries
Countries:
Worldwide
About Bitbond.com:
BitBond is a P2P Bitcoin lending website founded by Radoslav Albrecht that started operating in 2013. The company is registered in Germany where it complies with local laws and regulations; it has physical offices located in Berlin. The platform follows AML / KYC policies which allow lenders to pursue legal actions against defaulters if they […] View Bitbond for Bitcoin P2P Loans Details »
BitBond is a P2P Bitcoin lending website founded by Radoslav Albrecht that started operating in 2013. The company is registered in Germany where it complies with local laws and regulations; it has physical offices located in Berlin. The platform follows AML / KYC policies which allow lenders to pursue legal actions against defaulters if they […] View Bitbond for Bitcoin P2P Loans Details »