Bitcoin Forum

Hi all guys,

first of all excuse me if this isn't the right section to post my question.
As the title say, can someone more experienced than me on lending point me out which is be best solution (site or bot) to start in this world?
Any suggestion is appreciated  :)

Thanks

You can start here in bct. try the lending section(https://bitcointalk.org/index.php?board=65.0).

There are multiple exchanges/lending sites that offer their lending services. There are also multiple Ponzi scams that you can lend money to, like Bitconnect.

I would recommend our own lending section on Bitcointalk (https://bitcointalk.org/index.php?board=65.0) though... It's safe, as long as you demand collateral for every loan you give to people. As long as you have a collateral that is worth about 20%+ more than the loan and it's not something the loan-taker wants to sell, you should be fine.

As you're new, there's probably no one that would trust you with collateral in your own hands, so you'll probably have to use an escrow for the first few trades.

Lending Section (https://bitcointalk.org/index.php?board=65.0)

Whatever you do, do not trust Poloniex with your funds. They're crap and should not be trusted. Although you could've made some serious profits there if you lend out money there, it's not safe.

Thanks guys, really appreciated, I give a look on the lendig section!

Yes, in this crypto lending business you shouldn't lend money to anyone without any collateral which you or escrow can't control. Some sites allow people to lend based on only ID verification but many people fake them and finally, losers will be lenders. So OP can start your lending business on this forum and ask some escrows help to hold the collaterals.

To choose a good lending project you should research and analyze the project carefully before investing. Take a look at the project you want to go long or short term, the project has built the community and is intended to major commercial sites. In the end you should not invest too much