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Author Topic: 💰 💰 💰 CryptoCredex - loan secured by Bitcoin 💰 💰 💰  (Read 476 times)
CryptoCredex
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March 02, 2018, 12:22:36 PM
 #1





Resources

Website: https://www.cryptocredex.com/
email: credit@cryptocredex.com
Number: +371 25381373
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March 02, 2018, 12:36:59 PM
 #2

Nice looking project with fresh idea. When are you to start Cryptocredex?
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March 02, 2018, 12:48:11 PM
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So, it's not a iCO project, you just place the add of working service? How long do you work? When did you started CryptoCredex?
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March 02, 2018, 12:58:21 PM
 #4

while others are collecting money for such kind of platform you guys just made it working, Great job!
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March 02, 2018, 01:02:39 PM
 #5

while others are collecting money for such kind of platform you guys just made it working, Great job!
What's the terms of getting loan? Does the social ID verification needed?
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March 02, 2018, 01:05:02 PM
 #6

while others are collecting money for such kind of platform you guys just made it working, Great job!
What's the terms of getting loan? Does the social ID verification needed?
Loans are disbursed for a period from 1 month to 1 year at 9% per month.
Online loan amount from $1,000 to $2,000,000.
You get 50% of bitcoins.
There are no hidden cost.
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March 02, 2018, 01:07:40 PM
 #7

We do not provide services to residents of the United States  Shocked

Sad to hear that, but I think there are much business over there...

btw, what the % I need to offer for collateral?

► HOMT ◄ ♦ World’s First Crypto Based Students Rental Platform ♦ ► HOMT ◄
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March 02, 2018, 01:10:07 PM
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while others are collecting money for such kind of platform you guys just made it working, Great job!
What's the terms of getting loan? Does the social ID verification needed?
Loans are disbursed for a period from 1 month to 1 year at 9% per month.
Online loan amount from $1,000 to $2,000,000.
You get 50% of bitcoins.
There are no hidden cost.
So they give you loan in the half size proportion of sent Bitcoins? Thats smart. Kinda pawnshop 2018.
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March 02, 2018, 01:21:05 PM
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We do not provide services to residents of the United States  Shocked

Sad to hear that, but I think there are much business over there...

btw, what the % I need to offer for collateral?
Seems that Interest rate from 9% per month, and You get 50% of your sent bitcoins value.
zenting
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March 02, 2018, 02:09:48 PM
 #10

I think this service will be in demand on the market. There are many people who use these services.
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March 02, 2018, 02:31:06 PM
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Such service is very useful, because nobody want to sell Bitcoins, but sometimes need extra money.
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March 02, 2018, 02:45:10 PM
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Loans up to $2 millions? How big us your company? Thats really serious business. Will you provide any referal program?
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March 02, 2018, 03:49:50 PM
 #13

Loans up to $2 millions? How big us your company? Thats really serious business. Will you provide any referal program?
Referal program is useless here, CryptoCredex is working project, it got lots of advantages for customers.
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March 02, 2018, 04:19:40 PM
 #14

 Loan calculator at your website is very nice, but I can't get how to use it. Can anyone help?
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March 02, 2018, 05:24:28 PM
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You send us your ID and home address proof. Is it your own KYC ?
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March 02, 2018, 08:30:48 PM
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hello, interesting project, but I have a question: where can i find your loan conditions? are they in public acces? or only in the private?
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March 02, 2018, 08:39:24 PM
 #17

Hello everyone, nice project, but I think you have competition with other projects like your, what makes you special?
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March 02, 2018, 08:40:02 PM
 #18

i can't understand what will be if bitcoin make its favourite x2? Will the borrower have to return this difference? or will lender lose its money?
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March 02, 2018, 09:05:18 PM
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You send us your ID and home address proof. Is it your own KYC ?

is, it seems like that
but i wonder in what way are they going to check it?
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March 02, 2018, 09:08:24 PM
 #20

Loans up to $2 millions? How big us your company? Thats really serious business. Will you provide any referal program?

It's written on their website
You can borrow anything from $1,000 to $50,000/ € on standard terms.
We provide from $50,000 to $2,000,000/ € on concessional terms.
Please, pay attention that we are entitled to require additional documents when you issue amounts more than $10,000 / €.
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March 02, 2018, 09:10:22 PM
 #21

I check the website, and wanna know, how quickly can I get money?
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March 02, 2018, 09:13:43 PM
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What does a Verified account status mean? What is identification? Is it about address and personal ID? Or sth else?
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March 02, 2018, 09:23:53 PM
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well, so many questions and no one answer
i'm waiting fro dev's reply, cause the project is too interesting and the most actual to me
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March 02, 2018, 09:25:00 PM
 #24

well, so many questions and no one answer
i'm waiting fro dev's reply, cause the project is too interesting and the most actual to me

Yeah, I'm agree with u, I'm looking forward to the answers
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March 03, 2018, 05:19:17 AM
 #25

i can't understand what will be if bitcoin make its favourite x2? Will the borrower have to return this difference? or will lender lose its money?
You will recieve just you bitcoins back, it doesn't matter what is the rate.
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March 03, 2018, 05:59:01 AM
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CryptoCredex can chnage the existing financial situation, no more banks and others
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March 03, 2018, 07:02:10 AM
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CryptoCredex can chnage the existing financial situation, no more banks and others
How many competitors does the CryptoCredex how? Is it the future of money loans?
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March 03, 2018, 07:27:53 AM
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CryptoCredex can chnage the existing financial situation, no more banks and others
How many competitors does the CryptoCredex how? Is it the future of money loans?
Sure, nowadays cryprocurrency becomes very popular, also, lots of people hold coins for future, for potencial profit.
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March 03, 2018, 07:51:40 AM
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CryptoCredex is so useful service with nice and modern idea. I hope they will be successfull as no other platform.
zenting
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March 03, 2018, 09:56:21 AM
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Such service is very useful, because nobody want to sell Bitcoins, but sometimes need extra money.

Yes, you are right, not everyone wants to part with the BTC expecting further growth.
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March 03, 2018, 10:02:43 AM
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Hello everyone, nice project, but I think you have competition with other projects like your, what makes you special?

You are right, the competition in this market is quite high, but this is an indicator that the niche is in demand.
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March 03, 2018, 10:09:37 AM
 #32

i can't understand what will be if bitcoin make its favourite x2? Will the borrower have to return this difference? or will lender lose its money?

No one will lose anything. Bitcoin acts as collateral, on the basis of which a loan is issued.
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March 03, 2018, 10:17:00 AM
 #33

Is the project already operational and functioning? Is it already possible to use your services?
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March 03, 2018, 10:32:52 AM
 #34

Loans up to $2 millions? How big us your company? Thats really serious business. Will you provide any referal program?

It's written on their website
You can borrow anything from $1,000 to $50,000/ € on standard terms.
We provide from $50,000 to $2,000,000/ € on concessional terms.
Please, pay attention that we are entitled to require additional documents when you issue amounts more than $10,000 / €.

That is to get a smaller amount you do not need documents? You are putting a significant risk on your capital in this case.
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March 03, 2018, 10:37:45 AM
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Loans up to $2 millions? How big us your company? Thats really serious business. Will you provide any referal program?

It's written on their website
You can borrow anything from $1,000 to $50,000/ € on standard terms.
We provide from $50,000 to $2,000,000/ € on concessional terms.
Please, pay attention that we are entitled to require additional documents when you issue amounts more than $10,000 / €.

That is to get a smaller amount you do not need documents? You are putting a significant risk on your capital in this case.

They take a pledge, this significantly reduces the risks when issuing a loan.
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March 03, 2018, 11:33:00 AM
 #36

CryptoCredex is so useful service with nice and modern idea. I hope they will be successfull as no other platform.

I also think that the project will be successful. However, it is necessary to invest a lot of money in advertising, in order to learn about the project as many people as possible.
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March 03, 2018, 11:40:38 AM
 #37

Are you going to conduct ICO for your project or do you want to manage your own funds?
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March 03, 2018, 12:19:44 PM
 #38

What cryptocurrency do you accept as a security in addition to Bitcoin?
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March 03, 2018, 12:29:36 PM
 #39

What cryptocurrency do you accept as a security in addition to Bitcoin?

On the site the team indicated that as a pledge only Bitcoin will be accepted.
etron
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March 03, 2018, 01:00:30 PM
 #40

This is very helpful but unfortunately the guarantee is very high, (5.8btc) for low consumers can not register because it does not have a lot of bitcoin as collateral.
CryptoCredex
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March 03, 2018, 01:48:55 PM
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Thank you for your attention to our project CryptoCredex! We, as well as most of you, believe in the great future of the ideology of the Blockchain and that is why one of the first began to offer the possibility of lending under the crypto currency. So far this is only bitcoin, but in the coming months we plan to start a few more altcoins from the TOP 10 on world capitalization.

And now the answers to your questions.


Nice looking project with fresh idea. When are you to start Cryptocredex?

We started offering lending since January 2018.

So, it's not a iCO project, you just place the add of working service? How long do you work? When did you started CryptoCredex?

Absolutely true - it's not ICO ☺ We do not need millions, we have millions. And we are looking for people to whom these millions give on the security of crypto currencies.

while others are collecting money for such kind of platform you guys just made it working, Great job!
What's the terms of getting loan? Does the social ID verification needed?

In accordance with the AML policy, verification ID is mandatory. To take out a loan, please sign up to account. You can get 50% of the value of your bitcoin portfolio.

btw, what the % I need to offer for collateral?

So far only bitcoin serves as collateral. In the future we will start to take a few more altcoins.

Loans up to $2 millions? How big us your company? Thats really serious business. Will you provide any referal program?

Possible loans for amounts and more than $ 2 million. We plan to launch the referral program later.

Loan calculator at your website is very nice, but I can't get how to use it. Can anyone help?

Calculator shows indicative data. To get the exact offer, please open an account.

You send us your ID and home address proof. Is it your own KYC ?

Now this is a common practice and is dictated by international law.

hello, interesting project, but I have a question: where can i find your loan conditions? are they in public acces? or only in the private?

Register the account please and you will see our legal documents and the conditions for obtaining a loan. They are one for all.

Hello everyone, nice project, but I think you have competition with other projects like your, what makes you special?

Our unique feature is speed, ease of issuing a loan and a unique opportunity to receive large sums. Our competitors are not ready to give out millions, we have such an opportunity.

i can't understand what will be if bitcoin make its favourite x2? Will the borrower have to return this difference? or will lender lose its money?

The owner of bitcoins is the borrower. Therefore all potential gains and losses from x2 fall on him.



Thank you all for your questions!
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March 04, 2018, 07:26:11 AM
 #42

This is very helpful but unfortunately the guarantee is very high, (5.8btc) for low consumers can not register because it does not have a lot of bitcoin as collateral.

The amount of collateral depends on the amount you want to borrow.
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March 04, 2018, 07:39:21 AM
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It's good that you decided to provide users with this service, because Bitcoin is now not convenient to use as a payment tool.
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March 04, 2018, 07:57:44 AM
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Hello! As far as I understood correctly, any person can take credit after security. I can take out a loan for a certain amount, giving you the equivalent of this amount in crypto currency. And if at that time the cost of the deposit fell sharply due to high volatility, and the loan amount became more than a multiple of the collateral. An unscrupulous client can not return a loan. How do you plan to work with such risks?
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March 04, 2018, 08:17:16 AM
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I got acquainted with the project. The idea is not really new. But the team approached this from the other side. And I believe that this service will be quite in demand among users.
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March 04, 2018, 11:55:22 AM
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I got acquainted with the project. The idea is not really new. But the team approached this from the other side. And I believe that this service will be quite in demand among users.

Of course you are right. Often happens such, that means are urgently necessary. For example, there was a favorable situation for entering the market and there is an opportunity to make good money. In this situation, I see the need for such services.
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March 04, 2018, 12:25:15 PM
 #47

The site has an excellent calculator. Immediately visually see all the parameters of the loan before processing the application. The team did an excellent job. I think the project will be successful.
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March 04, 2018, 01:17:54 PM
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The site has an excellent calculator. Immediately visually see all the parameters of the loan before processing the application. The team did an excellent job. I think the project will be successful.
You are right, everything is clearly visualized, the users of the platform will not have any difficulties in processing the application.
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March 04, 2018, 01:59:40 PM
 #49

Tell me, what is the maximum amount I can take on credit?
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March 04, 2018, 02:17:01 PM
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Tell me, what is the maximum amount I can take on credit?

The website says that you can take a loan up to $ 2 million.
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March 04, 2018, 04:29:31 PM
 #51

Tell me, what is the maximum amount I can take on credit?

The website says that you can take a loan up to $ 2 million.

A fairly large amount is given on credit. How will this amount be transferred?
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March 04, 2018, 05:25:53 PM
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Are you going to add the information about the percents which the borrower has to pay you to your calculating sistem on your website? Or don't you wanna to scare people?  Cheesy Cheesy
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March 04, 2018, 05:27:06 PM
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Are you going to add the information about the percents which the borrower has to pay you to your calculating sistem on your website? Or don't you wanna to scare people?  Cheesy Cheesy

they give the information about percents in the right corner of the calculator, 10% of the sum per months, it calls "pay interest"
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March 04, 2018, 05:40:20 PM
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Are you going to add the information about the percents which the borrower has to pay you to your calculating sistem on your website? Or don't you wanna to scare people?  Cheesy Cheesy

they give the information about percents in the right corner of the calculator, 10% of the sum per months, it calls "pay interest"

oh, i thought that it was a sum which you have to pay every month, but not your percents
great idea, i considedr it motivate people to pay as soon as possible
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March 04, 2018, 05:53:50 PM
 #55

Thank you for your attention to our project CryptoCredex! We, as well as most of you, believe in the great future of the ideology of the Blockchain and that is why one of the first began to offer the possibility of lending under the crypto currency. So far this is only bitcoin, but in the coming months we plan to start a few more altcoins from the TOP 10 on world capitalization.

And now the answers to your questions.


Nice looking project with fresh idea. When are you to start Cryptocredex?

We started offering lending since January 2018.

So, it's not a iCO project, you just place the add of working service? How long do you work? When did you started CryptoCredex?

Absolutely true - it's not ICO ☺ We do not need millions, we have millions. And we are looking for people to whom these millions give on the security of crypto currencies.

while others are collecting money for such kind of platform you guys just made it working, Great job!
What's the terms of getting loan? Does the social ID verification needed?

In accordance with the AML policy, verification ID is mandatory. To take out a loan, please sign up to account. You can get 50% of the value of your bitcoin portfolio.

btw, what the % I need to offer for collateral?

So far only bitcoin serves as collateral. In the future we will start to take a few more altcoins.

Loans up to $2 millions? How big us your company? Thats really serious business. Will you provide any referal program?

Possible loans for amounts and more than $ 2 million. We plan to launch the referral program later.

Loan calculator at your website is very nice, but I can't get how to use it. Can anyone help?

Calculator shows indicative data. To get the exact offer, please open an account.

You send us your ID and home address proof. Is it your own KYC ?

Now this is a common practice and is dictated by international law.

hello, interesting project, but I have a question: where can i find your loan conditions? are they in public acces? or only in the private?

Register the account please and you will see our legal documents and the conditions for obtaining a loan. They are one for all.

Hello everyone, nice project, but I think you have competition with other projects like your, what makes you special?

Our unique feature is speed, ease of issuing a loan and a unique opportunity to receive large sums. Our competitors are not ready to give out millions, we have such an opportunity.

i can't understand what will be if bitcoin make its favourite x2? Will the borrower have to return this difference? or will lender lose its money?

The owner of bitcoins is the borrower. Therefore all potential gains and losses from x2 fall on him.



Thank you all for your questions!

Thank you, very informainve answers! Do you have any telegram chat?
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March 04, 2018, 06:08:11 PM
 #56

Can i make loan with fait currancy or  btc,eth...?
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March 04, 2018, 06:30:08 PM
 #57

Can i make loan with fait currancy or  btc,eth...?

as i understand  - only bitcoin
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March 04, 2018, 07:02:20 PM
 #58


I read your idea, it looks attractive, loans will always live, I wish good luck to your project
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March 04, 2018, 07:03:44 PM
 #59

When are you going to accept other coins except bitcoin?
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March 04, 2018, 07:04:34 PM
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When are you going to accept other coins except bitcoin?

as i read in their white paper they're going add altcoins next year
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March 04, 2018, 07:05:13 PM
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When are you going to accept other coins except bitcoin?

as i read in their white paper they're going add altcoins next year

Thanks, and do you know what coins?
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March 04, 2018, 07:05:40 PM
 #62

I'm interested , What happens if the borrower doesn't pay back the loan?
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March 04, 2018, 07:07:08 PM
 #63

When are you going to accept other coins except bitcoin?

as i read in their white paper they're going add altcoins next year

Thanks, and do you know what coins?

no) they don't provide this information. but i'm sure that they will be eth, Ltc and other coins according to their volatility
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March 04, 2018, 07:08:03 PM
 #64

I'm interested , What happens if the borrower doesn't pay back the loan?

they will find him, as they know his address
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March 04, 2018, 07:08:28 PM
 #65

When are you going to accept other coins except bitcoin?

as i read in their white paper they're going add altcoins next year

Thanks, and do you know what coins?

no) they don't provide this information. but i'm sure that they will be eth, Ltc and other coins according to their volatility

Why do you sure in this?
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March 04, 2018, 07:10:09 PM
 #66

When are you going to accept other coins except bitcoin?

as i read in their white paper they're going add altcoins next year

Thanks, and do you know what coins?

no) they don't provide this information. but i'm sure that they will be eth, Ltc and other coins according to their volatility

Why do you sure in this?


these coins are the most popular, every trader or crypto holder has them and as i've already told "according to their volatility"
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March 04, 2018, 07:18:42 PM
 #67

Are there any limits for USA citizens? For example KYC form
Rmcdermott927
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March 05, 2018, 12:19:02 AM
 #68

Be careful with this.  Sending bitcoin to a site with a new user like this raises huge red flags for me.  No legitimate financial organization would secure a USD loan with an asset as volatile as BTC.  If I get a $1mil loan for btc and it drops 25% tomorrow, very few people would pay that back. 

I’m not convinced that you would ever actually see USD transferred to you in the first place until we get some veteran users vouching for the service. 
wingding
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March 05, 2018, 08:24:47 AM
 #69

Are there any limits for USA citizens? For example KYC form

And what restrictions can there be? Can not US citizens take credit?
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March 05, 2018, 08:32:20 AM
 #70

Are there any limits for USA citizens? For example KYC form

It was stated that when you take a large loan amount you need to undergo the KYC procedure, regardless of which country you are a resident of.
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March 05, 2018, 08:53:25 AM
 #71

Be careful with this.  Sending bitcoin to a site with a new user like this raises huge red flags for me.  No legitimate financial organization would secure a USD loan with an asset as volatile as BTC.  If I get a $1mil loan for btc and it drops 25% tomorrow, very few people would pay that back. 

I’m not convinced that you would ever actually see USD transferred to you in the first place until we get some veteran users vouching for the service. 

Perhaps a team like that hedges the risks or set a limit on a certain loss.
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March 05, 2018, 09:02:49 AM
 #72

When are you going to accept other coins except bitcoin?

as i read in their white paper they're going add altcoins next year

Thanks, and do you know what coins?

no) they don't provide this information. but i'm sure that they will be eth, Ltc and other coins according to their volatility

Yes, most likely it will be, it's quite demanded crypto assets.
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March 05, 2018, 09:09:48 AM
 #73

I agree with most users, the service can be quite in demand. I wish good luck to the project team.
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March 05, 2018, 09:36:29 AM
 #74

Hello!

This is very helpful but unfortunately the guarantee is very high, (5.8btc) for low consumers can not register because it does not have a lot of bitcoin as collateral.

The amount of collateral depends on the amount you want to borrow.

We offer a loan of 50% or less (if the client wishes) of the value of the collateral. For example, the client offers us 1 btc (say, the price is 1 btc = 10 thousand dollars). Then he will be able to borrow any amount of money, but not more than 5 thousand dollars.
We do not offer a loan for more than 50% of the price of collateral because of the high volatility of bitcoin.


Are you going to conduct ICO for your project or do you want to manage your own funds?

We do not plan an ICO and operate with our own capital.
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March 05, 2018, 10:13:46 AM
 #75

Is this project open for international residences? If not, for which country you are working right now? What if I borrow $500 worth for 6 months and after six months that value goes up to $2000? Nobody wants to repay then.
Sounds like another great project. Will keep watching.
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March 05, 2018, 12:04:56 PM
 #76

Is this project open for international residences? If not, for which country you are working right now? What if I borrow $500 worth for 6 months and after six months that value goes up to $2000? Nobody wants to repay then.
Sounds like another great project. Will keep watching.

You deposit collateral in the crypto currency, so it is in your interest to return the loan.
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March 05, 2018, 01:36:56 PM
 #77

Who then filed an application for a loan? Share your experience as it happens.
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March 05, 2018, 04:57:55 PM
 #78

Who then filed an application for a loan? Share your experience as it happens.

I'm interested too. Where did you withdraw funds, how quickly the transaction is processed?
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March 05, 2018, 05:09:32 PM
 #79

You need to ask your customers to leave feedback on your website, this will stimulate other potential investors to apply for a loan.
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March 05, 2018, 05:17:46 PM
 #80

You need to ask your customers to leave feedback on your website, this will stimulate other potential investors to apply for a loan.

Yes you are right. If the experience of using your service from the client's side was described, it would be excellent.
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March 05, 2018, 05:29:00 PM
 #81

How do you handle applications, manually or automatically?
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March 06, 2018, 09:23:23 AM
 #82

How do you handle applications, manually or automatically?

I think that first the check will be done manually, and with the growth of applications for a loan will be automatically.
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March 06, 2018, 09:30:17 AM
 #83

What are the long-term plans of your company?
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March 06, 2018, 09:48:24 AM
 #84

Do you have any affiliate program?
zenting
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March 06, 2018, 10:11:27 AM
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Do you have any affiliate program?

I have not seen references to the affiliate program on the project site.
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March 07, 2018, 07:40:46 AM
 #86

Just one question, I don't know did anyone here ask before.

How about if the price of BTC drop and even lower than my loan amount?  Roll Eyes

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