Bitcoin Forum

Anyone using this? Any feedback?

I made a loan test of 100 USDT. Everything looks okay for now, I managed to withdraw the loan immediately. Let's see what happens after the repayment.

How can you guarantee that I will receive back my collateral? I understad if it were equal to the loan but it's much bigger, so what guarantees do you give?  ???

The service has been working since July. There are no negative customer reviews, deals are fully functioning. Legal entity was registered, so we work 100% legally.
We also filed documents for the license for fiat lending.
If you don’t trust the new service, we specifically reduced the loan amount to 100 USDT and a decreased fee, so you can test our services without huge amount.

How do we know that LendaBit won't just exit scam with all the collateral and all the loan money?

Is your team publicly facing? Who are your executive team?

Lendabit is not a scam and a proof can be the fact that we’ve registered a legal entity and are working now 100% legally. We have also filed documents for receiving a license that will let us work with fiat money.
Our company is a start-up that just started working since July. But we’ve already launched a fully working lending service and are currently working on the Ethereum smart contracts and fiat money implementation to our platform.

We will definitely publish our team and investors as soon as we complete all formal procedures. As of today, we can say for sure that our seed investors are the top managers of one of the major mining equipment developing company in the world. The team has many years of experience in banking, trading and the cryptocurrency market.
The official release will be done after all legal affairs are sorted out.

You can join our Telegram channel or group to keep yourself updated.

Telegram channel  https://t.me/LendaBit (https://t.me/LendaBit)
Telegram Community: https://t.me/Lendabitcommunity (https://t.me/Lendabitcommunity)

I think it’s worth mentioning that our official partner is Hashing24.com (http://Hashing24.com), the service which has been working for a while already confirmed its reputation multiple times.

The scam scenario you’ve mentioned is juicy for those who collected huge amount at once(for example ICO) and escaped with the investors’ money, but our situation is entirely different, we have only started working on this market, we are constantly developing our product and building legal business that will last.

None of this really provides me with any security, I want to know some of the major members behind your team.

You say that the odds of an exit scam are low, but I have seen that you have dozens of BTC worth of collateral and open loans on the website, this is plenty sufficient to pull off an exit scam with.

Can you provide us with your company registration data so we can check that everything is legit?

I am interested in using your platform, but I need to know your founders and the company behind it have some accountability.

We can not open information about some of the major members of our team because of legal aspects :(, but we will do it as soon as possible.

Our company registration data is the following:

Initium limited
flat 2A1-A7, Pahsang industrial Bldg,
16 Sun on street, Tuen Mun, N.T,
Hong Kong

it's also published on our website: https://lendabit.com/

100% guarantee LendaBit will disappear within the next 18 months. I’m calling it.

Invest at your own risk.

Thanks for your forecast, we appreciate that you will stay with us for 18 months.

However, we did a huge work while building this service, getting the investments from the partners. Our service is built to last. More than 10 thsd users registered in our service and they already make deals and make profit. We realize that when some financial service appears on the stage, it always faces skepticism and criticism from some audience, especially on the crypto market with a huge number of scam projects but it would be incorrect to say that any new project is a scam.

If you feel somehow that you can't trust us, please let us know why and we'll be happy to fix all the issues or answer all the questions. We would appreciate the feedback, but such accusations, without any proofs, those are just empty words, let's respect each other.

I sent you a message on here a few weeks back and also tried to email you but got bounce back messages from google.

Delivery incomplete
There was a temporary problem delivering your message to adming@gladis.com. Gmail will retry for 20 more hours. You'll be notified if the delivery fails permanently.

Hello,

Feel free to contact as via e-mail: info@lendabit.com

or via our medias accounts:

https://t.me/Lendabitcommunity (https://t.me/Lendabitcommunity)
https://www.facebook.com/Lendabit/ (https://www.facebook.com/Lendabit/)
https://twitter.com/Lendabit_com (https://twitter.com/Lendabit_com)
https://www.linkedin.com/company/lendabit/ (https://www.linkedin.com/company/lendabit/)

or using private chat on our site: lendabit.com (http://lendabit.com)

We will be glad to help you

Well you emailed the wrong email, it’s admin@glados.cc.

Your issue related to a third party service that accepted payments through Inputs. Inputs made the callback to the developer and the funds were credited to their account, it had nothing to do with the hack. cannot help there sorry.

—-

As for the actual thread (sorry for continuing an off topic reply): If you are setting up a proper and legitimate crypto business in 2018, there is no reason to be pseudonymous or anonymous. You either have a shady past, or you want to keep options to do an exit scam. This is not 2012 anymore when plenty of people just went by their usernames, sadly almost every instance have turned out to be a disaster (intentionally or unintentionally), and if you want the privilege of handling other people’s crypto  then you need to own up and be accountable.

Your business isn’t going to get you arrested, AFAIK. P2P lending requires licensing but aren’t treated as securities afaik.

Absolutely, lendabit will scam.
now they sponsor a banner on their website about bithoven exchange, other scammy project.

be very carefull with that people.

Why are you still hiding the identity of the people behind this service?

EDIT: On Linkedin I found this: https://www.linkedin.com/search/results/people/?facetCurrentCompany=%5B%2218873994%22%5D

It is a fintech company that uses blockchain technology to offer secured private loans instantly to borrowers, without leaving the comfort of their home.
https://cryptocrow.net/bitcoin-loans/

By using the BitGo wallet services, LendaBit guarantees safe storage of funds and high liquidity. BitGo is an industry leader of multi-signature encryption technology, it eliminates risks and increases transparency in the digital asset markets by providing high liquidity soscalability.
BitGo’s Major Benefits
·       100+ supported cryptocurrencies.
·       Robust security controls.
·       BitGo maintains segregated wallets for each customer.
·       Timely loan repayment and fast transaction speeds.
·       Highly secure technological and operational processes.
·       BitGo is the world’s largest processor of on-chain BTC transactions.
BitGo’s powerful platform provides unparalleled security via on-premises signing, a co-signing engine with policy enforcement and instant scalability.
https://lendabit.com/

Trusted and Secure Platform Architecture
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 OWASP models, and augments its hardware, software as well as network protection on a regular basis.
The platform implements multiple levels of protection, such as firewall, antivirus, and anti-ransomware tools, to make the attacks, especially the successive ones, highly unlikely. In addition, the protection system constantly monitors the input data streams for potential risks, proactively blocking the threats and always alerting the users in case an intrusion or any other malicious activity has been detected. 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.
https://lendabit.com

Affiliate Program
Our Affiliate Program is a program where you, as a Referrer, can receive rewards for bringing other people (Referrals) to LendaBit. Referrer’s reward builds up 20% of the system see received from the deal amount completed by the Referral. All you need to do is
1) be a registered user of LendaBit,
2) spread the word/promote P2P services powered by LendaBit (by embedding promo banners/referral links to your website, blog, or sharing your referral link via social media networking)
and
3) receive your passive income for your activity. It’s amazingly simple and rewarding!
https://lendabit.com/referral_terms

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!

https://lendabit.com

FAQ
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

https://lendabit.com/faq

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://lendabit.com/

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://lendabit.com/credit_line

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://lendabit.com/credit_line

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://lendabit.com/credit_line

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://lendabit.com/credit_line

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.

https://lendabit.com/credit_line

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

https://lendabit.com/credit_line

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.

https://lendabit.com/credit_line

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

https://lendabit.com/credit_line

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.

https://lendabit.com/credit_line

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.

https://lendabit.com/credit_line  8)

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!

https://lendabit.com/credit_line  ;)

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.

https://lendabit.com/credit_line  ;)

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.

https://lendabit.com/credit_line

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.

https://lendabit.com/credit_line  ::)

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.

https://lendabit.com/credit_line

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.

https://lendabit.com/credit_line  ;)

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.

https://lendabit.com/credit_line

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.

https://lendabit.com/credit_line  :)

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.

https://lendabit.com/credit_line  :)

Does it mean that even if you don't charge within the 45 days period, you will charge the other way and that is through your system fee?
Do you have the statistics of how much you have already loaned or how many users you helped through your platform?

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.

https://lendabit.com/credit_line  ;)

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

https://lendabit.com/credit_line  :D

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.

https://lendabit.com/credit_line  ;)

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.

https://lendabit.com/credit_line  ;)

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.

https://lendabit.com/credit_line  ;)

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.

https://lendabit.com/credit_line  ;)

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.

https://lendabit.com/credit_line  :)

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.

https://lendabit.com/credit_line  ;)

Can I Cancel Blockchain Transaction?
Confirmed transactions on the blockchain are permanent and irreversible. Cryptocurrency transactions on the Bitcoin network are designed to be irreversible and we have no control over them. Considering this, it is of utmost importance to make sure your transaction details are correct before you click “Confirm.”

https://lendabit.com/credit_line  :)

Multiple Loan Applications
All platform users are able to apply for and receive multiple loans (or use credit lines, respectively) once a sufficient amount of collateral is provided. You can withdraw loans in crypto (BTC, USDT) or fiat (USD). Credit lines possess built-in flexibility and allow to adjust repayment amounts as needed, based on the current budget or cash flow.

https://lendabit.com/credit_line  ;)

Borrowing Process Explained
In order to borrow funds on the LendaBit.com platform, it is necessary to:
• Complete registration and verification (if you have not done it yet).
• Choose the collateral currency and make a deposit.
• Receive your loan or start using the credit line feature.
• Repay the loan and you can borrow again.

https://lendabit.com/credit_line  8)

Lending Process Explained
For all interested in lending crypto and earning interest on loans, it is necessary to:
• Register an account and complete simple verification.
• Top up your LendaBit.com wallet with crypto.
• Initiate a loan deal, lend to the Loan Pool or choose any preferred loan request placed by the borrowers.
• Receive interest and loan amount at end of loan term.
• Withdraw crypto or use it for further loans.

https://lendabit.com/credit_line  :)

What is AML & KYC?
KYC (“Know Your Customer”) is the process of verifying a customer’s identity. In KYC, each client is required to provide credentials such as ID documents in order to use a company’s service. The stringent regulatory environment establishes KYC as a mandatory and crucial procedure for all fintech companies. AML (“Anti-Money Laundering”) practice is broader than KYC, and it refers to measures used by financial institutions and governments to prevent and combat financial crimes especially money laundering and terrorism financing.

https://lendabit.com/credit_line  :)

How to Make a Loan Request?
For a borrower to make a loan request on LendaBit.com, it is necessary to make a few simple actions, namely:
• Go to LoanBuilder.
• Opt for “Make a Loan Request” by pressing “Get Started.”
• Select your preferred loan currency (USDT or BTC), set the loan amount, loan duration, interest rate and collateral currency.
• Once the above outlined parameters specified, you can adjust your preferred LTV ratio (Low, Middle, High, Critical) and submit your loan request.
• Don’t forget you are required to have a sufficient amount of collateral on your LendaBit.com account to finalize the loan deal.

https://lendabit.com/credit_line  ;)

Sensitive Data Protection
P2P lending platform LendaBit.com is based on the best practices and recommendations from recognized experts, notable models and OWASP guidance. All customer sensitive data is securely encrypted and protected at all times. Due to deployment of DDoS preventative measures, intrusion detection and prevention tools, system monitoring and multiple levels of protection, the chances of cyber-attacks or cyber-bullying are eliminated. An additional layer of security is provided by 2FA and inactivity logouts.

https://lendabit.com/credit_line  :)

Supported Collateral Cryptocurrencies
Currently, one of the most popular and scalable cryptocurrencies — Bitcoin (BTC), Ethereum (ETH) and Tether (USDT-OMNI) — are accepted as collateral on LendaBit.com. Collateral is provided to assure the lender that loans get repaid under any circumstances. To make all platform users feel comfortable, a useful and easy-to-understand Loan Calculator is available for quick calculations, thus the whole process is transparent and automated to the maximum. Simply choose your preferred amount to borrow, loan term, collateral currency and the rest of calculations (daily rate, interest rate and interest amount) will be displayed immediately.

https://lendabit.com/credit_line  8)