Compare Btcpop.co with Bitbond.com
Review:
Pro:
- instant loans
- support for collaterals and insurance
- low fees for the lender
- no loans without verification or collateral
- rating system
- low minimum investment
- high returns, especially in the short-term
- contribute with small businesses all over the world
Contra:
- slow sign up process
- unrestricted reputation building loans
- the FAQ is missing lots of key topics
- high default rates in the long term
- Most loans are fiat pegged, lenders will lose money if BTC goes up.
Company Location:
Majuro, Marshall Islands
Berlin, Germany
Signup Requirements:
user name, email and a password
name, lastname, email, phone number and a password
Loan Types:
custom personal loans, custom personal loans with collateral, custom instant loans, custom business loans, IPOs, bonds and instant collateral loans.
exchange rate pegged and BTC locked
Fee Models:
0.01 - 0.5 BTC = 5%
0.5+ - 1 BTC = 4%
1+ - 2.5 = 3%
2.5+ - 5 = 2%
5+ = 1%
Insurance = 1%
0.5+ - 1 BTC = 4%
1+ - 2.5 = 3%
2.5+ - 5 = 2%
5+ = 1%
Insurance = 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:
Variable, depends on the borrower / lender
Depends on the borrower's rating
Min. Investment:
1 satoshi
0.01 BTC
Min. Loan:
0.01 BTC
0.1 BTC
Max Loan:
500 BTC
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
Worldwide
About Btcpop.co:
BTCPop is an online lending platform, which also comes with an altcoin exchange, a shares market and that supports IPOs, bond funding and trading. The company was founded in December, 2014 by Lee Bartholomew and registered in the United Kingdom. The site experienced early success but it soon reached to an end as serious flaws […] View Btcpop for Bitcoin P2P Loans Details »
BTCPop is an online lending platform, which also comes with an altcoin exchange, a shares market and that supports IPOs, bond funding and trading. The company was founded in December, 2014 by Lee Bartholomew and registered in the United Kingdom. The site experienced early success but it soon reached to an end as serious flaws […] View Btcpop 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 »