I have been testing this since some time and this is the best lending site out there.
For start its best because its backed by Gemini exchange. Cant go wrong with that.
The interest on BTC starts from 6% and on Ethereum from 3,3%.
Also you can make there account and take a loan, if you dont have BTC and want some.
Guide to loan or take loans:
- Register to BlockFinance and get a bonus
- Do KYC (yes loan sites need that for lenders and those taking crypto loans)
- Wait for approval (1-4 hours usually)
- Deposit BTC,ETH or GUSD to give loan
- You can withdrawal funds any time you want for example if BTC gets pumped more than 8% (so loan pays less than selling).
If you want to take a loan, instead of step "Deposit Bitcoin, Ethereum, Gemini USD" you click on take loan and fill the form.
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thanks for informations @kingscrown
interesting point of view
The interest on BTC starts from 6%
This looks like Free Market interest rates.
Zinsen für Tagesgeld (Laut Artikel kommt man immer an die Funds) über 6%. Das klingt nach freiem Markt OHNE Zentralbankregulierung.
Interesting I tend to say away from this loan stuff myself. It is at least nice seeing some more industry growing out in the crypo sector.