Started a Independent Bitcoin Loan Comparison Site - BorrowOnBitcoin.com

[borrowonbitcoin]

I posted this in lending, but I realized that sub-forum is really for P2P loans on BTC, so posting it more broadly here if that is ok.

We saw that it was extremely difficult trying to compare Bitcoin loan lenders. The space is fragmented and all of the comparison search results usually is an SEO page that comes from the lender themselves (and they usually rank themselves #1).

So we decided to put together a site that tries to help the consumer evaluate all of their options (and the RISKS).

It's called https://BorrowOnBitcoin.com.

It's only a month old, but we are very confident that its the best comparison site out there. The goal isn't to convince you to do a loan. The goal is to make sure you are aware of all of the options and can get educated about the risks, potential hidden fees and how the loans work.

Would love any constructive feedback! Thanks!

[borrowonbitcoin]

We just added a new section that shows what the average DeFi borrowing rate is against BTC: https://borrowonbitcoin.com/onchain-loans/protocols

[internetional]

Until today, I only knew of two places where you could borrow against Bitcoin: lend.hodlhodl.com and lendasat.com. I was very surprised not to see either of them in your list. However, it is entirely possible that I missed something. Finding the list of services on your website is not that simple. For instance, clicking the Bitcoin Loan Rate Index (CeFi) button only shows numbers without specific provider names.



So, perhaps I just couldn't find these two providers. Do you have them? If not, what is your criteria for selecting the services you include in your list?

[borrowonbitcoin]

Thanks for the feedback! Right now we’ve tried to first grab the most established players, as we want to be able to provide as much information as possible. For instance, several of them have even been willing us to send us copies of their loan agreements so we can add all of those details to the website.

Right now, we don’t have either of the lenders you mentioned in our group, but stay tuned.

Also appreciate the feedback on ease of finding the data. You really have to fill the submission form (although we made email optional).