Any great p2p lending sites? | Bitcointalksearch.org

gentlemand

legendary

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Welt Am Draht

Quote from: r1s2g3 on February 18, 2019, 07:18:59 AM

How collateral based lending(120 % of principal) for short duration is joke in this forum?

Because 95% of the threads in there are some newbie saying 'I lookings for 10 coins for gambles. I pay backs one week. Big guarantee. Here my Facebook account' followed by 50 posts of sneering.

r1s2g3

sr. member

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I am alive but in hibernation.

Quote from: gentlemand on February 16, 2019, 09:56:03 AM

The lending section on here is a fucking joke so forget about that too.

How collateral based lending(120 % of principal) for short duration is joke in this forum?

Quote from: gentlemand on February 16, 2019, 09:56:03 AM

The only vaguely safe way to get a return on your crypto is to add to a casino bank roll or lend out on exchanges for leverage trading. Those are very risky too but an order of magnitude less hopeless.

I think these are also great option but still I like the first one because in this option , "Luck" will also play the part.

OmegaStarScream

staff

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Quote from: jademaxsuy on February 16, 2019, 03:16:34 PM

-snip-. Base on your statement about irreversible and anonymous can also increading the risk as we know you don't know who borrow your crypto.

Platforms like BTCJam (closed now) and Bitbond etc. might provide data about the borrower and It's up to you to take the legal actions, but sadly, nothing much can be done If the lender is overseas unless the amount is huge, not to mention the possibility of using fake documents.

P2P Fan

newbie

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Thank you for all your great replies. After a little rethinking, I decided to stick to regular p2p loans. I think you are right, that it can go wrong due to the irreversible nature of crypto!

jademaxsuy

full member

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In most cases, does the lender get their return with an added casino or lend out on exchanges?. Even in lending fiat money had problems too about not receiving their return. Base on your statement about irreversible and anonymous can also increading the risk as we know you don't know who borrow your crypto.

gentlemand

legendary

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Welt Am Draht

Quote from: P2P Fan on February 16, 2019, 05:45:56 AM

PS. I would like to lend out my money, not borrow.

Wrong way round. The only reason to use P2P crypto is to steal it from the lender.

It's a concept that cannot work. Irreversible, quasi anonymous and internet is about the most toxic combination imaginable, and that's before you get to the amateurishness of the websites offering to help you hang yourself. The lending section on here is a fucking joke so forget about that too.

The only vaguely safe way to get a return on your crypto is to add to a casino bank roll or lend out on exchanges for leverage trading. Those are very risky too but an order of magnitude less hopeless.

Scrub the idea from your mind.

Completely.

OmegaStarScream

staff

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BTCPop, Bitbond, ETHLend are options you may want to check.

In general, though, I would avoid any website that gives users a score based on their source of income, social media followers, the age of the account etc. as this information can easily be manipulated.

So as suggested above, either give loans in the Lending section here or seek platforms that ask users for collateral, so you know you're safe in case they decide to not pay back.

UserU

hero member

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One of the well-known ones out there is Bitbond.

But remember, always diversify your portfolio because you have to manually chase them if they default, most of the time.

poochpocket

sr. member

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There are much of the P2P leading platforms for crypto out there. You can get some of the names by a simple good search related to it.

But I would like to get you a better suggestion than getting involved with this untrustworthy P2P lending projects as much of them can become a scam and you should understand the risks involved in crypto leading.

From my point of view, it would be tough for you to work with crypto lending as the transactions are not reversible and totally different from fiat lending.

I would suggest you to better use the LENDING section of the forum were you can start your personal leading thread where you would surely get some potential deals on Bitcointalk itself as the crypto world is mostly rolling here. Grin

P2P Fan

newbie

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Hello Bitcoin Forum

For some time I have been doing some p2p lending with normal fiat currency. However, due to my increased love for cryptocurrencies, I wonder whether it's possible to do p2p lending with cryptocurrencies - and where that might be possible?

I'm looking for something similar like these p2p lending platforms: https://p2plendingsites.com/ - just for cryptocurrencies.

I hope you can poke me in the right direction!

Thanks in advance

PS. I would like to lend out my money, not borrow.

Topic: Any great p2p lending sites? (Read 234 times)