What is best bitcoin lending platform?

[perrysaico]

I want to try it out. Anyone who can suggest a good one?
Thanks!!

[lucashunter]

There is a lending forum here on Bitcointalk.org, you can create a thread about your loan proposal and the get the fund you need.

If you don't want to use the forum, you can try Bitbond.

[kohcainez]

It feels like most bitcoin lending sites are ponzi schemes and will eventually shut down. It might be better to actually learn the fundamentals of trading or invest in a trading bot yourself instead of risking your capital.

[~Bitcoin~]

All bitcoin lending platforms are either ponzi or the one who will take loan from you will never pay you back.
The only reliable way of lending out your bitcoin is through margin lending in poloniex, although you can't make huge daily interest with it.

[timerland]

I want to try it out. Anyone who can suggest a good one?
Thanks!!

I would definitely say on forum, the lending section.

With third party sites you really have no guarantees as a lender and a borrower. If you are a lender then the personal information that you hold really has no weight especially if the borrower is in another country altogether.

If you're a borrower, you have no control over the personal info you submit. They could easily do dodgy stuff with your info.

[Welsh]

I want to try it out. Anyone who can suggest a good one?
Thanks!!

I would definitely say on forum, the lending section.

With third party sites you really have no guarantees as a lender and a borrower. If you are a lender then the personal information that you hold really has no weight especially if the borrower is in another country altogether.

If you're a borrower, you have no control over the personal info you submit. They could easily do dodgy stuff with your info.

Plus, a lot of the time you are lending to someone who you've never heard of and doesn't have much of an identity, unlike the forums where they may have a history and reputation to keep, which safeguards you a little more.

[Potato Chips]

I want to try it out. Anyone who can suggest a good one?
Thanks!!

I would definitely say on forum, the lending section.

With third party sites you really have no guarantees as a lender and a borrower. If you are a lender then the personal information that you hold really has no weight especially if the borrower is in another country altogether.

If you're a borrower, you have no control over the personal info you submit. They could easily do dodgy stuff with your info.

Plus, a lot of the time you are lending to someone who you've never heard of and doesn't have much of an identity, unlike the forums where they may have a history and reputation to keep, which safeguards you a little more.

Seconded, But whats really good in our lending section is the widely use of collaterals which shows the borrowers sincerity on paying as well as it secures the loaner's money. Although it'll be a different story if the loaner accepted a shit collateral e.g. collaterals which are not easy to sell, scam coins etc.

Meanwhile most lending platforms only requires personal details/ documents which can make the loaner at a disadvantage because these documents holds no value especially if its fake. A lot of lending platforms which works like this have already closed down.

[Stephen Gornick]

Try read  about this:

http://ethlend.io

https://bitcointalk.org/index.php?topic=2078686.0;topicseen

[Svetlows]

Bitfinex the best

[namjar]

Bitfinex the best

Bitfinex is offering lending for those who really want to lend their money, but you can not take loans from there because you can not withdraw that money, you can just trade with it and start marging trades with that money, once that you have a succesfull trade, you need to pay a fee to the lender.
There are no good lending systems, better to go to a bank and explain your situation and see if you are able to take that loan, if not, then maybe it is bad luck.
Dont beg money in here, please.

[reflector]

All bitcoin lending platforms are either ponzi or the one who will take loan from you will never pay you back.
The only reliable way of lending out your bitcoin is through margin lending in poloniex, although you can't make huge daily interest with it.

How about btcjam site bro. I don't know one think if anyone lends bitcoin from this site you guys only has to pay back right so it is been consider as Ponzi scheme or scam attempt.
I see irfan oak for long time. He is doing best work in lending platform as mentioned in lending section thread and seems a trusted person to lending side.

[maeusi]

I had good experiences on Bitfinex and Poloniex in lending but I am not sure how proper lending is working nowadays on poloniex. On poloniex and bitfinex you can choose your own interest rates, amounts and time period from two to 60 days.

[designbuyers]

is those platforms are really works and could help business startups ? or just personal ?

[martinbrock]

BTCPop.co is a very nice BTC P2P-Lending platform.
It has been around since December 2014.
They have also an exchange, automatic staking of Proof-of-Stake coins and a savings account and an investment pool for loans.

[AdolfinWolf]

Check out this new company called Loano offering instant cash against your crypto holdings (no credit checks required). They let you choose the amount you want, the interest rate and the loan term.

Check it out: www.loano.io

Assuming that this platform is actually real (which i am pretty doubtful of); i still wouldn't use them.

They offer a 1:0.7 $ ratio. So a 1000$ worth of crypto gives you a 700$ loan. Combine that with an APR of 16% (Yes, seriously, 16%!!).

One must be crazy to take a loan there instead of just selling the crypto you have. You're just wasting your money using them....