Compare Blockfi.com with Bitbond.com
Review:
Pro:
- No credit check
- Monthly compounding interest
- Interest forgiveness at early repayments
- No penalties and no minimums
- Exudes safety
- rating system
- low minimum investment
- high returns, especially in the short-term
- contribute with small businesses all over the world
Contra:
- Local restrictions apply
- Only web-based, no app
- Relat. high Withdrawal fees
- high default rates in the long term
- Most loans are fiat pegged, lenders will lose money if BTC goes up.
Company Location:
New Jersey, USA
Berlin, Germany
Signup Requirements:
Name, Email address, Date of birth, Social Security Number (for U.S residents only), Phone number, Location
name, lastname, email, phone number and a password
Loan Types:
Instant cryptocurrency-backed Loans, private and commercial
exchange rate pegged and BTC locked
Fee Models:
Loan interest rates: from 4.5%
Savings interest rates: 6.2%
Currency conversion: 1%
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:
$2,000
0.1 BTC
Max Loan:
$100,000,000
Depends on the borrower's rating. Up to a few thousand USD / EUR.
% Defaults:
–
avg: 41.4%
Funded Loans:
from 4.5%
1,850+
Total Amount Funded:
2,300,000+ USD
Supported Countries
Countries:
Worldwide (local restrictions apply)
Worldwide
About Blockfi.com:
No BS about BlockFi: How To Earn Interest And Allow Your Crypto To Soar Are you concerned that your wealth is falling this season? Well, today’s blog will introduce you to a new BFF called BlockFi. What is it? No it doesn’t deal with concrete blocks if you’re in the construction niche. Instead, I’ll summarize […] View Blockfi for Bitcoin P2P Loans Details »
No BS about BlockFi: How To Earn Interest And Allow Your Crypto To Soar Are you concerned that your wealth is falling this season? Well, today’s blog will introduce you to a new BFF called BlockFi. What is it? No it doesn’t deal with concrete blocks if you’re in the construction niche. Instead, I’ll summarize […] View Blockfi for Bitcoin P2P Loans Details »
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 »