Peer-to-peer Bitcoin lending bitbond.com. Opinions?

[pawel7777]

Has anyone used bitbond.com, and would like to share the experience and opinion?

Company is registered in Germany, all looks legit at first glance, but thought I'll ask for opinions before giving a try.

http://www.bitbond.com/

[pawel7777]

If you are the one borrowing money, then it shouldnt be a big worry.

Nah, I was looking into lending money (earning interest).

I see they do identity checks, have ratings etc but just trying to determine what are the risks, are delays/defaults likely to happen, if so how often does it happen.

Any feedback from the current bitbond lenders would be much appreciated.

[erwin45hacked]

havent tried this one yet, have u tried btcjam or bitlendingclub yet if u think of earning interest from loans?

[pawel7777]

havent tried this one yet, have u tried btcjam or bitlendingclub yet if u think of earning interest from loans?

Nope, I haven't tried any BTC lending site yet. I've come across bitbond earlier today, that's why I asked for opinions about them, but I'm open to try other sites.

I've heard somewhere that btcjam is full of scammers, and never heard of bitlendingclub before. Have you got any experience with these two?

[odditie]

I am on Bitbond, Rated A due to my salary, I only have praise for this company and the people who run it. I currently lend BTC and Borrow BTC and both works great!

[pawel7777]

I am on Bitbond, Rated A due to my salary, I only have praise for this company and the people who run it. I currently lend BTC and Borrow BTC and both works great!

Why would you borrow and lend at the same time?

What kind of proof of salary do they require?

[Salmon1989]

I am on Bitbond, Rated A due to my salary, I only have praise for this company and the people who run it. I currently lend BTC and Borrow BTC and both works great!

Why would you borrow and lend at the same time?

He has an "A" rating on the site, so I believe he can borrow bitcoin at a low rate, and lend bitcoin out to lower-rating people at a much higher rate.

[stup2plending]

I just did a long Q&A with Radoslav of Bitbond on my blog at p2plendingexpert.com  last week that outlined what he is doing, how things are changing there and why.

He is definitely legit, not just in BTC lending but in peer to peer lending overall as some of my colleagues have met him at fiat lending conferences. I don't know if his platform will be successful or not but he is a legitimate business person.

I have many posts about my and other lender experiences on BTCJam and BitLendingClub too on my blog. I think those that have been asking about experiences there will see what many investors are doing with them.


Stu