Wisdom AnwanaAre you looking for an honest Bitcoloan Review? Search no more because, in this article, we will be reviewing Bitcoloan honestly, we will also explain how it works, its pros and cons, everything you need to know about the platform, and help you discover if it is legit or not.
Disclaimer:
We are not being paid to write this review neither are we trying to promote or demote this program, but we are giving an honest review to help investors who are willing to invest in the program discover if it is worth it or not (legit or scam).
What is Bitcoloan | Bitcoloan Review
BitcoLoan is the marketplace where people can borrow or lend money. Our algorithms allow you to find the relevant offer in a matter of seconds. Borrow or earn on loans while we take care of security and other details.
The above information was found on the website as an explanation of what the site is all about which simply means that BitcoLoan is a platform where people can borrow or lend money (crypto).
Basically, Since Bitcoloan is for Lenders and borrowers, we will be looking at it in two aspects, The earning (lending) part of it and the borrowing aspect.
Bitcoloan Features (Borrow)
According to the information on the website.
Bitcoloan Features ( Lending )
According to the information on the website.
Faster Profit Generation Lending to Individuals offers the shortest loan terms. It means that you will get loan repayments and profits much faster.
How Bitcoloan Works
As already mentioned above, Bitcoloan is a platform that allows users to either lend or borrow money in form of cryptocurrency
How to Borrow money from Bitcoloan | How the Loan Section Works
Below are the steps you have to follow in other to borrow money from Bitcoloan
- Create an Account:- Create a free account Using this link
- Make a Pledge:- Deposit the desired loan amount into your pledge account in Bitcoin
- Apply For a Loan:– Fill in the loan form and wait for the money to go into your account
- Withdraw Funds:- You can now cash out funds to your desired crypto wallet.
You can watch the video below to understand more about how to borrow money on Bitcoloan.
https://www.youtube.com/watch?v=AnRqaDUJF8g&feature=emb_title
How to Lend with Bitcoloan
- Login to your account
- Choose the cryptocurrency which you want to lend out
- Enter the amount you want to lend out and the duration for payback.
- Click on find borrower and wait for the system to find the appropriate person
- The system will show you the person you have invested in
In your dashboard, you would see all the details about the investment from the interest rate, payback date, etc.
You can watch the video below to understand more about lending on Bitcoloan.
https://www.youtube.com/watch?v=PihdPimFO6E
Bitcoloan Payment Methods.
Generally, the Bitcoloan payment method is cryptocurrency but it usually reflects as USD in the account.
Below is the crypto which is used for payment in Bitcoloan.
- BTC,
- ETH,
- LTC,
- BCH,
- DOGE,
- DASH,
- XMR,
- USDT
Who is the Owner of Bitcoloan?
The owner of the Bitcoloan company is not known on the internet which is not a good indication of the legitimacy of the website.
Because one of the conditions for a legit website is that it must contain the owner’s information so that someone can be held responsible if anything goes wrong.
Bitcoloan Contact Information
Just in case you have any need to contact Bitcoloan, you can do that using their email address below.
Bitcoloan Review | Is Bitcoloan Legit or Scam?
At the time of writing this article, we can say that Bitcoloan is legit.
And base on Trustpilot, Bitcoloan has a rating of 4.7 which is a good rating.
However, we will advise you to invest what you can afford to lose as we are not a guarantee to the site.
We have finally come to the end of this Bitcoloan review, if you like our blog, kindly bookmark it or subscribe to it.
James steller
mitrobe
