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LendaBit.com
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 65
Joined: Wed Aug 01, 2018 3:39 pm

Re: LendaBit.com P2P platform for loans secured by bitcoin

Sat Dec 28, 2019 11:35 am

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Merry Christmas and Happy New Year!
The advent of New Year is the perfect occasion to appreciate all the good things that the past year has given you and all the good things that are yet to come. All our LendaBit team is wishing you true happiness, joyful spirit of the holiday season, success, love and appreciation. New Year 2020 is definitely the best time to make resolutions, set ambitious plans and celebrate winter holiday in a family circle! Merry Christmas and Happy New Year!

LendaBit.com
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 65
Joined: Wed Aug 01, 2018 3:39 pm

Re: LendaBit.com P2P platform for loans secured by bitcoin

Fri Jan 03, 2020 10:41 am

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F A Q
FAQ (Frequently Asked Questions) page contains detailed answers to most commonly asked questions regarding P2P lending and borrowing, user verification, supported currencies and many more. For convenience, FAQ is divided into informative data units — General, User Account & Security, Lenders, Borrowers, Verification, Collateral — with all necessary and descriptive info and tips.

LendaBit.com
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 65
Joined: Wed Aug 01, 2018 3:39 pm

Re: LendaBit.com P2P platform for loans secured by bitcoin

Wed Jan 08, 2020 3:16 pm

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Loan Calculator
All platform members are welcome to use online Loan Calculator, a handy instrument for automated calculations, which gives concise visuals to help determine all necessary variables. Choose the collateral currency (BTC or ETH), enter the amount you are willing to deposit as collateral and set the loan term (from 1 to 12 months). And that is all about it! Loan amount is automatically calculated with all important info — daily rate, interest rate and repayment amount. P2P borrowing is as easy as a pleasant walk in the park! Doubtless? See it for yourself!

https://bit.ly/2s5oQqh

LendaBit.com
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 65
Joined: Wed Aug 01, 2018 3:39 pm

Re: LendaBit.com P2P platform for loans secured by bitcoin

Sat Jan 11, 2020 9:55 am

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Importance of Collateral
Collateral serves as a lender’s protection against drastic exchange rate fluctuation or other unexpected conditions faced by the borrower. The biggest advantage of collateral to the borrower is that no poor credit scores are conducted, it is tax-free, highly secured and transparent. Instant Credit Lines allow for more flexibility and capital diversification, provided that the Grace period (zero interest charges during 45 days) is a very useful and progressive addition to the borrower.

https://bit.ly/35BTbKU

LendaBit.com
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 65
Joined: Wed Aug 01, 2018 3:39 pm

Re: LendaBit.com P2P platform for loans secured by bitcoin

Mon Jan 13, 2020 2:07 pm

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Timely Loan Repayment
Timely loan repayment by the borrower ensures rightful P2P relationships and impacts on the person's creditworthiness. LendaBit offers affordable and competitive interest rates, trusted BitGo wallet services and multiple borrowing options to satisfy the demands of any demanding customer — from a 5-click loan to flexible credit lines. Crypto collateral allows for exclusion of the human factor when striking loan deals and serves as a security measure for lenders. Ultra-safe and advanced!

https://bit.ly/2FJh74t

LendaBit.com
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 65
Joined: Wed Aug 01, 2018 3:39 pm

Re: LendaBit.com P2P platform for loans secured by bitcoin

Wed Jan 15, 2020 4:53 pm

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OWASP Compliance
LendaBit ensures high security in all its operations, always seeking to manage, anticipate and prevent potential threats. The platform is compliant with the recognized industry standards, in particular Open Web Application Security Project (OWASP) models, and augments its hardware, software as well as network protection on a regular basis. OWASP focuses on improving the security of software by providing impartial, practical information on best practices and proactive controls. Statistics show that insecure web applications online outnumber the secure ones. Many websites are vulnerable to direct impact vulnerabilities such as Cross-site Scripting (XSS) and other cyber-attacks – security vulnerabilities that are listed in the OWASP Top 10 list of the most critical web application security risks. According to the top 10 list, organizations ensure good security by scanning web applications such as websites, intranets, extranets, portals and other web-based services for vulnerabilities.

https://bit.ly/2ReXQgE

LendaBit.com
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 65
Joined: Wed Aug 01, 2018 3:39 pm

Re: LendaBit.com P2P platform for loans secured by bitcoin

Fri Jan 17, 2020 10:49 am

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Crystal Blockchain Analytics
LendaBit employs cloud-based service as well as advanced cybersecurity analytics tools to detect and remove any malicious codes. All the transactions are duly verified and analyzed using Crystal blockchain investigative solution. Crystal data management system employs strong cryptocurrency analytics to trace, investigate and eliminate suspicious transactions. The LendaBit.com platform implements multiple levels of protection, such as firewall, antivirus, and anti-ransomware tools, to make the attacks, especially the successive ones, highly unlikely. Crystal is the all-in-one blockchain investigative tool. Crystal provides a comprehensive view of the public blockchain ecosystem and uses advanced analytics and data scraping to map suspicious transactions and related entities. The analysis is obtained primarily for the purpose of meeting various anti-money laundering (AML) and counter-terrorist financing (CFT) requirements.

https://bit.ly/360gMFd

LendaBit.com
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 65
Joined: Wed Aug 01, 2018 3:39 pm

Re: LendaBit.com P2P platform for loans secured by bitcoin

Fri Jan 24, 2020 6:01 pm

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Advanced Security System.
LendaBit.com ensures high security in all its operations, always seeking to manage, anticipate and prevent potential threats. The platform is compliant with the recognized industry standards and augments its hardware, software as well as network protection on a regular basis. The team of software leaders and professional engineers at LendaBit.com has developed and implemented most innovative and service-oriented secure platform architecture, which allows for new capabilities of effective data protection, integration of deployable solutions, cryptography and authentication. All the customers at LendaBit.com can be certain that their personal data and transactions are fully protected by the next-generation security tools. Finally, BitGo eliminates risk and increases transparency in the crypto markets by providing the most secure and compliant custodial and liquidity solutions.
#security_system #lendabit #p2p

http://bit.ly/36qar6d

LendaBit.com
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 65
Joined: Wed Aug 01, 2018 3:39 pm

Re: LendaBit.com P2P platform for loans secured by bitcoin

Fri Jan 24, 2020 6:03 pm

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Live Chat 24/7
Our professional and dedicated Customer Care Team provides timely support and is always ready to assist you with solving any issue at hand. Simply use the online chat form to ask your question and you will get expert advice and due assistance.
Keep updated on the latest updates on LendaBit.com and follow us on social media networking sites:

Facebook: https://lendabit.com/fb
Twitter: https://lendabit.com/tw
LinkedIn: https://lendabit.com/ld

http://bit.ly/2Ghf3Rs

LendaBit.com
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 65
Joined: Wed Aug 01, 2018 3:39 pm

Re: LendaBit.com P2P platform for loans secured by bitcoin

Fri Jan 24, 2020 6:06 pm

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Media About Us.
Good news spreads like wildfire! Since the launch of the LednaBit.com website, there have been quite a lot news media publications regarding P2P lending services rendered by the platform. For your convenience, you can easily access some of the major news article found on the main webpage.

http://bit.ly/2Gn3Wq5

LendaBit.com
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 65
Joined: Wed Aug 01, 2018 3:39 pm

Re: LendaBit.com P2P platform for loans secured by bitcoin

Mon Jan 27, 2020 4:55 pm

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Loan Currency VS. Collateral Currency
P2P loans are available in 2 cryptocurrencies — Tether (USDT-OMNI) and Bitcoin (BTC), — and 1 fiat currency — US dollar (USD), applicable for the Credit Line option only. Collateral currencies encompass Bitcoin (BTC), Ethereum (ETH) and Tether (USDT-OMNI). As far as you can see, different borrowing options offer diverse currency choice options so as to ease up the user workflow.
All up-to-date info with regard to loan and collateral currencies can be viewed at https://lendabit.com/terms_and_benchmarks

http://bit.ly/38OYicN

LendaBit.com
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 65
Joined: Wed Aug 01, 2018 3:39 pm

Re: LendaBit.com P2P platform for loans secured by bitcoin

Wed Jan 29, 2020 9:29 am

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Safe & Reliable P2P Lending Services
LendaBit is a perfect meeting place for lenders and borrowers, where the participants are able to set their own terms and conditions. By excluding the rudimentary middlemen from the lending process and utilizing fintech innovations, the entire algorithm is short cycled, transparent and easy-to-follow. Crypto collateral allows for exclusion of the human factor when striking loan deals and serves as a security measure for lenders. Ultra-safe and advanced! LendaBit renders multiple and easy-to-use lending and borrowing options with a primary focus on accessibility and intuitiveness.

http://bit.ly/2GzaK42 :)

LendaBit.com
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 65
Joined: Wed Aug 01, 2018 3:39 pm

Re: LendaBit.com P2P platform for loans secured by bitcoin

Fri Jan 31, 2020 1:00 pm

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User Account Protection
P2P lending platform LendaBit has successfully eliminated processing errors, poor information access and susceptibility to fraud due to utilization of blockchain technology and advanced security systems. While traditional financial institutions are prone to fraud and human error, blockchain-LendaBit a new model, which guarantees that all client data are correct and tamper-proof. The LendaBit.com team of professionals is always ready to combat any attempts from opportunistic attackers. All users’ funds are safely protected by multisig technology and BitGo wallet services.

http://bit.ly/2tXwYdC 8-)

LendaBit.com
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 65
Joined: Wed Aug 01, 2018 3:39 pm

Re: LendaBit.com P2P platform for loans secured by bitcoin

Mon Feb 03, 2020 10:12 am

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Available Borrowing Options
All in all, there are 5 borrowing options located in the LoanBuilder, which are conveniently available to all platform users:
1 Credit Line
Due to the main advantages of credit lines — flexibility, interest-free grace period, automated use and attractive annual interest rate, — they are in high demand among many borrowers. 0% interest rate during 45 days, 2 years’ lifecycle, BitGo security and Fully automated credit line limit adjustment.
2 Loan Wizard
Loan Wizard lets you get a loan in a matter of a few minutes. 4 easy steps and you already have your loan to cover any expenses!
3 Loan Pool
Here borrowers can find standard Loan Offers automatically generated by the system. Simply tap the “Get Loan” button and receive your loan.
4 Loan Request
If you are willing to submit your own loan request with terms and conditions specified exclusively by you, simply Make a Loan Request. You are the one to decide on loan conditions.
5 Loan Offer
Last but not least is Accept Loan Offers. You have an excellent opportunity to set filters, browse and choose any Loan Request placed by qualified lenders. It is incredibly easy and fast!

http://bit.ly/2RTjQzh :)

LendaBit.com
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 65
Joined: Wed Aug 01, 2018 3:39 pm

Re: LendaBit.com P2P platform for loans secured by bitcoin

Wed Feb 05, 2020 10:38 am

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Where to Get BTC or ETH for Collateral?
Presently, buying crypto with a credit/debit card or crypto swapping are widely accessible through online exchange platforms. Noteworthy, the best option is to purchase crypto from a licensed exchange service provider (for instance, Switchere). Likewise, it is viable to use the services of crypto trading platforms or cloud crypto mining services. There are plenty of choice to opt for and it is up to you to decide on your preferred means of obtaining any particular coin/token.

http://bit.ly/31skZAN :)

LendaBit.com
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 65
Joined: Wed Aug 01, 2018 3:39 pm

Re: LendaBit.com P2P platform for loans secured by bitcoin

Fri Feb 07, 2020 12:18 pm

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Are Lender’s Investments Protected at All Times?
By all means, all lenders’ inflows of funds are securely protected due to seamless collateral management system. Moreover, the world-class BitGo wallet services guarantee safety of all lent assets at all times. LendaBit.com utilizes the system of effective DDoS-attack deflection and maintains the highest platform security standards.

http://bit.ly/2tDEOJ9 :)

LendaBit.com
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 65
Joined: Wed Aug 01, 2018 3:39 pm

Re: LendaBit.com P2P platform for loans secured by bitcoin

Mon Feb 10, 2020 12:59 am

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Seamless Collateral Management
The biggest advantage of collateral to the borrower is that the lender is ready to offer lower interest rates and longer loan terms on collaterized loans in comparison to those with no collateral, thus the risk of loss to the lender is reduced to the minimum. In turn, BitGo eliminates risks and increases transparency by providing the most secure and compliant liquidity solutions. crypto pledged as collateral prevents from late loan repayments and motivates to avoid any unnecessary controversial issues. With regard to the Credit Line option, its main advantage is the ability to borrow only the amount needed and avoid paying interest on a large loan. Credit lines possess built-in flexibility and allow to adjust repayment amounts as needed, based on the current budget or cash flow.

http://bit.ly/31Fm4VZ ;)

LendaBit.com
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 65
Joined: Wed Aug 01, 2018 3:39 pm

Re: LendaBit.com P2P platform for loans secured by bitcoin

Tue Feb 11, 2020 11:58 pm

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Why Pay Off Loans on Time?
First, you, as a borrower, save money when repaying your loan on time. Secondly, you maintain excellent reputation of a reliable borrower. Thirdly, you avoid the risk of collateral transfer and you get your assets back in a timely manner, thus enforcing your financial strength and eliminating any stressfull situations with critical LTV and margin calls. P2P lending secured by crypto collateral is a well-balanced decision to get necessary funds for your dream vacation, wedding ceremony, auto purchase or debt consolidation. Summarily, borrowing crypto is tax-free, globally accessible and zero-bureaucratic.

http://bit.ly/3br5HBb ;)

LendaBit.com
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 65
Joined: Wed Aug 01, 2018 3:39 pm

Re: LendaBit.com P2P platform for loans secured by bitcoin

Fri Feb 14, 2020 1:44 am

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Compliance Officer
A compliance officer is an authorized individual who ensures that a company complies with all applicable regulatory and legal requirements as well as internal policies. It is the compliance officer’s responsibility to supervise all aspects of our anti-money laundering and counter-terrorist financing requirements, inclusive of OSHA regulations and proper data governance. The compliance officer helps develop and deliver training programs to increase understanding of regulatory requirements, compliance policies and ethical conduct within business lines and across the organization.

http://bit.ly/2UKXotY :)

LendaBit.com
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 65
Joined: Wed Aug 01, 2018 3:39 pm

Re: LendaBit.com P2P platform for loans secured by bitcoin

Mon Feb 17, 2020 1:35 am

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Collateral Value — Increase & Decline
Collateral is an asset(s) that a borrower pledges as security for loan repayment to a lender. Cryptocurrencies are volatile by nature, so what is happening if the value of your collateral changes (rising or falling)? If the collateral value rises, the borrower can withdraw the amount that exceeds the requirement. Accordingly, if the value of your collateral goes up, your LTV (Loan-To-Value) goes down (the so-called overcollaterization, or a financial cushion). Conversely, the declining collateral value negatively impacts your LTV — the higher the initial LTV, the higher the risk of loan non-repayment. No worries, you can quickly and easily deposit additional collateral. By doing so, you are choosing to lower your LTV by increasing the total value of the underlying collateral.

http://bit.ly/2P1bVOx :)

LendaBit.com
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 65
Joined: Wed Aug 01, 2018 3:39 pm

Re: LendaBit.com P2P platform for loans secured by bitcoin

Wed Feb 19, 2020 1:30 am

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Margin Call
Margin Call is an automated notification generated by the system requesting the borrower to top up pledged crypto collateral. Margin calls protect the interest of the lenders from the downside risk. As the value of collateral decreases, the borrower is liable to add further cryptocurrency in the software to maintain the desired balance. The notification is being sent via the internal system messaging system and by email.

http://bit.ly/2P6R0to :)

LendaBit.com
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 65
Joined: Wed Aug 01, 2018 3:39 pm

Re: LendaBit.com P2P platform for loans secured by bitcoin

Fri Feb 21, 2020 2:33 am

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Crypto-Backed Loans
At LendaBit, all P2P loans are secured by crypto collateral so as to guarantee the investors safe storage of lent funds, interest and loan repayment at all times. Get a loan against your cryptocurrency instead of selling it. You can also apply for a cash loan against your crypto collateral — the option is available for credit lines. The main benefit is that you don not need to sell any of your crypto in order to receive a credit line or loan. Moreover, your crypto-backed loans do not involve any taxation, thus more flexibility and diversification.

http://bit.ly/2SLBwNK 8-)

LendaBit.com
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 65
Joined: Wed Aug 01, 2018 3:39 pm

Re: LendaBit.com P2P platform for loans secured by bitcoin

Mon Feb 24, 2020 12:20 pm

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Calculating Interest on Loans
Interest on a loan is the cost the borrower pays to the lender for receiving and using the crypto-backed loan. Interest is calculated based on the formula: Daily Interest = (Loan Amount × Interest Rate) / 360, where 360 is used for the number of days in the year. The fastest way to calculate your expenditures on a loan is by using the online Loan Calculator on the LendaBit homepage.

http://bit.ly/2v32OWS ;)

LendaBit.com
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 65
Joined: Wed Aug 01, 2018 3:39 pm

Re: LendaBit.com P2P platform for loans secured by bitcoin

Wed Feb 26, 2020 12:55 am

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Why Use LendaBit?
Peer-to-peer (P2P) crypto lending is a useful instrument to line up demand and supply of digital assets. LendaBit.com allows users to lend and borrow funds in a matter of a few mouse clicks. All the registered platform users benefit from the services provided by LendaBit.com since online crypto lending is tax-free, there are neither geographical barriers (access to the Internet is a requisite) nor never-ending paperwork accompanied by expensive bureaucratic procedures. The main advantages of LendaBit are:
• Multiple borrowing and lending options.
• Flexible credit lines in fiat.
• Reasonable fees for the services.
• Low risk loan lending with high returns.
• Attractive interest rates.
• Secured lines of credit.
• Industry-leading BitGo wallet services
• Advanced security standards & crystal blockchain analytics

http://bit.ly/2HW5BUp ;)

LendaBit.com
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 65
Joined: Wed Aug 01, 2018 3:39 pm

Re: LendaBit.com P2P platform for loans secured by bitcoin

Fri Feb 28, 2020 5:53 am

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Loan-to-Value
Generally, crypto collateral coverage depends on loan amount, loan duration and it should meet the Initial Loan-to-Value (LTV) ratio (50%) at the date of striking the loan deal. Loan-To-Value (LTV) ratio is a percentage calculation that helps measure the ratio of a loan to the value of pledged collateral. The value of pledged collateral is directly contingent upon current exchange rate dynamics and correlations, hence it can either increase or decrease in due course. he Initial LTV ratio can be personally adjusted when making your Loan Request – from 50% to 80%. The borrower has to duly keep abreast of the current LTV ratio and avoid its upsurge to ensure flawless reputation.

http://bit.ly/2Tkej48 :)

LendaBit.com
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 65
Joined: Wed Aug 01, 2018 3:39 pm

Re: LendaBit.com P2P platform for loans secured by bitcoin

Mon Mar 02, 2020 10:16 am

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Who Can Be a Borrower?
Any individuals or entities willing to apply for a loan and pledge crypto as collateral can become borrowers. The same concerns credit lines. There are no upfront borrower requirements except for providing collateral. No credit checks are performed and no credit scores are assigned.

http://bit.ly/2VAIHKr :)

LendaBit.com
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 65
Joined: Wed Aug 01, 2018 3:39 pm

Re: LendaBit.com P2P platform for loans secured by bitcoin

Wed Mar 04, 2020 11:03 am

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How Fast Can I Withdraw My Loan?
As soon as the loan is made, the funds are available for withdrawal. In turn, by using the Credit Line option, the funds are instantly available for withdrawal without any additional approvals! Credit lines provide borrowers with access to money “on demand” — fully automated credit line limit adjustment! Credit lines possess built-in flexibility and allow to adjust repayment amounts as needed, based on the current budget or cash flow.

http://bit.ly/3aoStmR ;)

LendaBit.com
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 65
Joined: Wed Aug 01, 2018 3:39 pm

Re: LendaBit.com P2P platform for loans secured by bitcoin

Fri Mar 06, 2020 10:49 am

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How Often Do I Have to Pay Interest?
There are no regular interest payments for traditional P2P crypto-backed loans. You will have to pay interest only once, at the end of the loan term or you can prepay the interest amount. Withr egrad to credit lines, you are automatically assigned a credit line limit that you can continue to use and re-use based on your current credit needs. You are charged interest only on the amount that you use.

http://bit.ly/3ayCmn6 ;)

LendaBit.com
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 65
Joined: Wed Aug 01, 2018 3:39 pm

Re: LendaBit.com P2P platform for loans secured by bitcoin

Mon Mar 09, 2020 12:25 pm

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How to Repay Loan?
At LendaBit, loan repayment is automated and does not require much efforts. All you need is to have a sufficient amount of crypto (loan amount + interest) on your account balance for loan repayment. For your convenience, LendaBit offers multiple and easy-to-use lending and borrowing options with a primary focus on accessibility and intuitiveness.

http://bit.ly/3cGOxQs :)

LendaBit.com
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 65
Joined: Wed Aug 01, 2018 3:39 pm

Re: LendaBit.com P2P platform for loans secured by bitcoin

Wed Mar 11, 2020 2:07 am

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What is Tether (USDT)?
Tether is a blockchain-based platform designed to facilitate the use of fiat currencies in a digital manner. Its native cryptocurrency (USDT) is a stablecoin issued on the Bitcoin blockchain through the Omni Layer protocol. It can be issued via the Omni Layer (OMNI), Ethereum (ERC20), EOS (EOS) or TRON (TRC20) protocols. LendaBit currently supports USDT (OMNI) only. It is pegged to traditional fiat currencies (1:1 ratio). It is globally used for lending and borrowing, storing and trading on crypto exchanges due to reliability, transparency, low transaction fees and wide acceptance.

http://bit.ly/39HEatV ;)

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