Lending websites suggestions?

[LeGaulois]

I know about the lending websites and I knew BTCJam (that has been closed since (I don't remember the reason).
I have heard of BTCPOP as the most famous. So I created an account to see. The site is dead or? There is nothing more than 4 loans requests (including 1 in need of 200BTC for her "adult career" and 1 for someone looking to repay a loan IRL)

Do you know any other website? I am trying to expand my "crypto empire"  , I currently have a Horizen node, perhaps it would be less time consuming to make another one

[1714164390]

1714164390

[1714164390]

1714164390

[AdolfinWolf]

I've heard of some other websites, but they're all extremely sketchy/seem dead.

Supposedly:

https://nebeus.com - no clue how it works really.
here's a thread about them, https://bitcointalk.org/index.php?topic=3404490.0

https://www.bitbond.com/ - Know nothing about them, + negative trust here on the forum.
ANN, https://bitcointalk.org/index.php?topic=248441.0;all

Some google searches also return ethereum-based lending websites. Not sure if that's exactly what you're interested in though.

(https://saltlending.com/) - not really that much information available.

(https://ethlend.io/#/main) - ANN/bounty thread, https://bitcointalk.org/index.php?topic=2013399.0

[gentlemand]

Crypto + 'lending' equals guaranteed ruin for someone somewhere along the line. By this point it's agonisingly clear they simply cannot fit together.

Anyone who thinks otherwise either hasn't though it through properly, runs one of these piece of shit sites or wants to scam you.

[telexnetwork]

you can check this tread actually lunch on cmc come days ago but i think its serious type, i  invest in the token too and its funtion right now with good lending rate

https://bitcointalk.org/index.php?topic=3407082.0

[LeGaulois]

Crypto + 'lending' equals guaranteed ruin for someone somewhere along the line. By this point it's agonisingly clear they simply cannot fit together.

Anyone who thinks otherwise either hasn't though it through properly, runs one of these piece of shit sites or wants to scam you.

Some websites use collaterals. One mentioned by @AdolfinWolf is EtherLend. If I have a guarantee with it. I'm more interested to lend. Of course, without it, I wouldn't even risk giving money to a stranger.

I have some money invested with a local crowdfunding platform and usually, such platforms don't provide a security, only an audit performed. Only one platform I found has the investments insured by an insurance company but the ROI is lower, and if you consider the inflation it turn the investment into a 0% rate 

[leowonderful]

I know some people have successfully made money lending to exchanges for those trading on margin on sites such as Bitfinex. The rates seem relatively good (around or under 0.08% for some pairs IIRC), and the risks seem in line with what you'd expect from lending. I'd link a page, but it doesn't seem like there's a specific page for Bitfinex's lending page anywhere that I can find.

[gentlemand]

I know some people have successfully made money lending to exchanges for those trading on margin on sites such as Bitfinex, and the rates seem relatively good and the risks seem in line with what you'd expect from lending. I'd link a page, but it doesn't seem like there's a specific page for Bitfinex's lending page anywhere that I can find.

Dollars is what nets you the proper interest rates. Everyone wants to get interest on their crypto which usually mean the rates are piddling. Personally I would definitely not risk another haircut for a pitiful return there.

[leowonderful]

I know some people have successfully made money lending to exchanges for those trading on margin on sites such as Bitfinex, and the rates seem relatively good and the risks seem in line with what you'd expect from lending. I'd link a page, but it doesn't seem like there's a specific page for Bitfinex's lending page anywhere that I can find.

Dollars is what nets you the proper interest rates. Everyone wants to get interest on their crypto which usually mean the rates are piddling. Personally I would definitely not risk another haircut for a pitiful return there.

I agree, and there's definitely risk involved in lending to any sort of organization in crypto, where you can easily get burned if the organization or site decides to run off with your money, but it's yet another option for making a bit of money through interest. I'm personally keeping away from Bitfinex with all the news about Tether for now.

If anyone here does decide to lend, only lend what you can afford to lose, just like you're trading or gambling. Another alternative to lending websites would be lending to users here, but it's helpful to have reputation beforehand if you choose to go down that route.

[Joel_Jantsen]

This one used to be very active but not sure if they're still in the business: https://landing.getline.in/

Personally, I feel Bitcoin + Lending + Anonymity will never work out. There is no guarantee of a collateral being legit regardless of how convincing it is. It's a different thing if you visit the location physically and then you verify stuff. There is a big room to fake collaterals online. No matter how efficient your system is, the defaulter's rate would always be higher in the ratio than the legit ones.

[AdolfinWolf]

I heard of Btcpop - https://btcpop.co/home.php

While all kinds of loans can be availed on this popular service, perhaps the most popular form of Bitcoin loan that happens to dominate all other transactions on this platform is the peer-to-peer loan service. BTCPOP has an extraordinary security capacity and stores their client's Bitcoins Offline. I.e. in Cold Wallets. They have an extremely incite benefit and a credit gets endorsed in a split second. You can get from 0.01 BTC to 500 BTC at BTCPOP. They additionally offer 5% to the clients to hold BTC in their record. This eventually makes them a Bitcoin Bank which gives significant yields.

Take in consideration that i did not try it out, i only heard about them and have researched a little bit. Good luck with finding a good one, and do make an review when you try out. Hope it helped you a little bit.

I have heard of BTCPOP as the most famous. So I created an account to see. The site is dead or? There is nothing more than 4 loans requests (including 1 in need of 200BTC for her "adult career" and 1 for someone looking to repay a loan IRL)

*You can open a loan request anywhere from 0.01 to 500BTC. There really is no garantuee that it will be fullfilled. Quite the opposite actually -- I'd say you're quite lucky if it gets filled, as it's P2P and there are no loaners really..


BTCPOP.co acts as if they're some sort of loan service, while most if not all traffic that they are getting is from their faucets.
See - https://www.alexa.com/siteinfo/btcpop.co


They also offer cloud mining, which seems quite odd for such a website. Are they really buying mining equipment for a couple dozen customers? I doubt it...

[buwaytress]

BTCPop definitely died a while back, they went offline and defaulted on all their debts, supposedly due to their own really bad coding/programming on their end, which they admitted themselves. Then it was put up for sale and the new owner supposedly promised to make good on all old debts. I don't know what happened next, but they're definitely an early mover. Twitter seems to have died after July though.

p2p lending was a huge thing in China too, until the government cracked down on literally hundreds of them, mostly because public had lost a lot of money. It's just a terrible lesson in implementing a great idea, interest rates were always too high. Poloniex's loaning facility and margin-triggering system was good, made me regular income last year but there's no more demand there.

 Seeing the new crop of lending platforms secured by collaterals and smart contracts. Seems like the way to go, but am not ready to take that risk.

[LeGaulois]

@buwaytress
Do you still use this type of website currently (which one?) or have you completely stopped using it?

@Primaryio
I am not looking to get BTCPOP as a suggestion, reading my first post obviously, I already know it and created an account to see what's going on there. I'm not looking for a copy-paste either. https://www.bitcongress.org/bitcoin/exchanges/best-bitcoin-lending-sites/

[audaciousbeing]

I know about the lending websites and I knew BTCJam (that has been closed since (I don't remember the reason).
I have heard of BTCPOP as the most famous. So I created an account to see. The site is dead or? There is nothing more than 4 loans requests (including 1 in need of 200BTC for her "adult career" and 1 for someone looking to repay a loan IRL)

Do you know any other website? I am trying to expand my "crypto empire"  , I currently have a Horizen node, perhaps it would be less time consuming to make another one

It seems suggestions I have read on this lending business about crypto is either dead or engulfed in one controversy or the other and if another one should open up tomorrow, three months is the maximum I would be giving it for it to go the way of others.

Aside from the micro lending that happens on the forum which is usually still being faced with all forms of several dramas with people coming up with ingenious way to scam others, I don't see any loan services working out.

Without sounding pessimistic, the crypto market is not mature enough for that kind of service and that is because of the location that bitcoin is not dependent on. Even banks with all the information about an individual with worthy collaterals before advancing credit facilities write off huge amount of bad debts every year.