Topic: Australian Company Lends up to 500K from 1.5% per month. WORLDWIDE (Read 809 times)

I need a loan amount 2 BTC . i have a domain for crypto currency exchange .That domain is using EV ssl from Hongkong for next 2 years ,domain for 6 years and crypto currency exchange script installed (installed but custom design integration left) .Also i have a fiverr.com account that is containing 162$ .I will give you my namecheap account full access,My hosting account full access in deltahost and fiverr.com and my email full access before repay .Total value will be more than 5 BTC .I need loan for 30 days .I will pay total 2.30 BTC

Skam, not even a desperate fool will fall for this. I'd be better off selling my coins than risking a "loan" from you. Feels like another Australian  atriz scam.

It may be scam. You should taka care your money.

should wait for a while when market is uptrend

Thank you Robert, much appreciate it.

I have visited the Melbourne office 7 times. I've sold bullion, bought crypto and have several crypto loans with them. They are a professional service. I am happy to recommend them.

Hi there,

Yes we have had 3 so far from here but local guys that live here in AUS.

Hi thanks for the post

1. For a $10,000 USD loan we need 2.19 Bitcoin or other major cryptos (we lend on 60% of the spot value) spot is $7,600 USD
our wallet address for receiving is 3M1mVxXUN4EFWnZ4UUP1j9mJ3TkcmAGniA
The interest will need to be paid once per month and its $210 (2.1%) also can be paid in crypto
2. We need a photo of your driver licence or passport.
3. We need your bank account details an currency you would like to receive.
 
We will then send you the sign contract and transfer the money same day.
 
Your crypto is stored in cold storage the whole time.

In this case where 1 BTC is @ $7,600 if price drops you would get a margin call if the LVR (Loan to Value Ratio) gets reduced to 85% being $5,372 and liquidation price if it gets to 95% which would be $4,806, we would liquidate in Bitstamp and give you the balance. Also we would give you screenshots of the price it got sold at and time.

So far though everyone has been lucky and no ones loan have been liquidated.

Its a lot easier if you email us or call us, find details bellow.
 
Kind regards,
Alex Blanco
1800 628 831
+61423677993 (WhatsApp)
[email protected]
Level 9, Office 906/84 Pitt st, Sydney 2000
Level 11, Office 1102/227 Collins St, Melbourne 3000
Level 4, Suite 24/55 Gawler Place, Adelaide 5000

Loads of loans. Just none on here, right?

Hello,

Hi guys,

Just update about how we are going.

We have done lots of loans but only here in Australia. So we are only focusing in Australia for now.
If anyone from overseas would like a loan, we can do it.

For people in Australia you can visit our offices or call us. find all the details at https://bitcoindealers.com.au/loans.html

Thanks for reading

1. Newbie account
2. Not willing to use a third party to hold collateral
3. Business has no past history in lending, probably a phone booth in rented space

etc...

Easy. If i was a client of you  and had my coins under your management/escrow and i want them back at the time that i wrote the previous message, you couldn't give them back to me as you will not be there/online. Even if you have three offices. English enough?


You get your answer yesterday.

I could not understand your post at all, can you write it again in English?

Thanks

As he will miss it now, if i was a client and have funds to him and want to get them back at this moment.
So Op, i think that you answer your question all by yourself. Even if you have three offices as you say, you can't help me now do you?

Simple, collateral can be held by escrow in solid exchange with  Stop /Loss order,
because it's not done,  if it happens at 4:00AM most likely you also miss it

Also Escrow services don't work for this because of the following:

If a coin is wrt $10,000USD that means we lend the customer $6,000. If the price of BTC drops to $7,000 the customer gets a margin call. and if it drops to $6,500 and the customer hasn't topped up the account, then we have to place a sale position of his/her coins, whatever we sell for minus any interest owing we return.

This is a question for you smart people that keep on talking about escrow: If the price dropped like that, and the coins are in escrow, how do we get the coins from the escrow guy??? what happens if it happens at 4:00AM their time and we cant get a hold of the escrow guy?

I would love to hear what those smart people have to say about escrow now?

Let me explain, for example you have 1 btc in your account and you want to sell it but bitcoin price is very low 8.5k USD now. If you sell your 1 btc at this rate that's fine instead of 60% you got 100%, but if after few days btc price goes upto 25k USD then you will regret cause price increased by 300%. If you want your 1 BTC back you will have to spend 25k USD + Fee now.

If you take a loan from them, you will get 5.1k USD from them instead of 8.5k USD, but if bitcoin price get to 25k USD you can still give them 5.1k+Interest and get you btc back.


And about Trusting them, I noticed a topic in stake forum by Edward (Owner of Primedice & Stake), He recommended their service in that topic. As, primedice and stake both are running with very good reputation in market for a very long time, i think it have some value. Here is the link: https://forum.stake.com/topic/6754-large-loans-available-collateral-needed/

its not make sense offering
people have 100% in wallet and give it for collateral to get 60% its so funny.
i had 1 btc giving to lender and i get 0.6 btc back ? kinda i donate 0.4 btc to lender

Why does it smell like a scam?
Elaborate please would love to see what nonsense you try to come up with?
And I dare you to video call me on my personal WhatsApp +61423677993 or the office: +611800 628 831

Come on have some balls.

And about escrow, read the last post and answer the question, what happens if the guy doing the escrow dies? easy for you to say. this loans go for long times months and months easily over a year. What then?
Our shortest loan is a month.

Anyway I expect you man up give me a video call so I show you our Melbourne office! and please record it and post it...

If not have the courtesy to remove your post.

Very tough hiding behind your computer ha!

Smells like a scam - don't use these guys unless a TRUSTED third party escrow holds all collateral.

Hi Zazarb, I just saw your post:

https://bitcointalksearch.org/topic/zazarbs-quick-loans-escrow-1161170

I see we are one of your competitors, we are the new kids on the block. You'll get used to us, some questions are good and some are off topic or just people have too much time in their hands.

I spent a lot of time reading other competitors and correct me if I am wrong but NO ONE here has a proper office, not even an address, WE HAVE THREE PROPER OFFICES! but that's ok, people can run however they want to run their operations. Also I didn't see anyone putting their office numbers???

GUYS we are getting off topic here, this post is for people that can use the service. I appreciated the community looking after each other, but look at the whole picture check our website first call us and so on. We are not some guy working from who know where.

Those coins are in cold storage and are not ours! They are from the people that have loans... My actual account its with Bitstamp which I uploaded in that photo and 3 wallets also show in the photo. VERY CLEAR!

We lend in MONEY not in Crypto, we do Telegraphic transfers anywhere in the world of money, in USD, EUR, AUD and other major currencies. We only hold Crypto for our day to day buying and selling via our offices. I am not advertising that here.


Thanks you

Where you saw it? Most escrow service charge max 1%, and is also free: https://bitcointalksearch.org/topic/list-bitcointalks-escrow-providers-ranking-blacklist-avoid-scam-276897



Probably you made the wrong conclusions, saw the small lender deals, who "play" with pennies,  big loans are given at similar rates as yours..

so what problem sign with those cold storage?

Not sure why you would expect an apology.
A random stranger comes on the forum and claims to be running a lending shop, all well & fine. They expect to be entrusted with thousands of dollars worth of assets, yet when asked for the proof of their legitimacy, they respond with lines like, mind your business, we are not going to run away, we're from Australia and that automatically makes us better human beings than people from Ghana. As if Australians are beings made of pure gold that can never run a scammy operation.

Stop getting pissed at the natural vetting process here in this forum. If you want to do business, stop acting like a teenage cow that's ready to explode at the slightest degree of prodding. And most importantly, consider redacting your racist & bigoted comment about people in Ghana.
Unless you fix your attitude, trust me, forget $500k, people won't trust you with $500.

Honestly that doesnt exactly prove you own the address but if you expect to use any crypto as collateral, it may be best to use an escrow here than to rely on you, especially since youre new, and someone could send crypto to you and you could easily run away with it, or another worse case is that the coins somehow disappear since youre using an exchange vs hw wallet or cold storage and your account could get "hacked". So people here may be more comfortable using an escrow here that is trustworthy.
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You completely got your address search wrong! I don't see an apology anywhere? what else do you get wrong all the time?

I don't think you have read the info, WE HAVE THREE OFFICES IN AUSTRALIA, not in Ghana or not a PO Box, escrow is a joke the cheapest is 2%! thats how much we charge per month, its NOT financially viable.

The three address are there! look at the bottom of the photo!

Why are you on our back? cause we are way cheaper than you??

We are known here in Australia, we are not going to run a way with coins and close down 3 shops, you should be complaining to all the people here charging 0.5% a day! or another guy charging 11% per week!!!
How come you don't give them shit? are they your mates or something? Not very fair from you is it?

My personal WhatsApp is +61423677993 anyone is welcome to do a video call at any time and I show you our Melbourne office! (10am-6pm AUS time) and if you want to see the Adelaide or Sydney I'll give you the WhatsApps from the managers there!

And no, we don't keep those coins in an exchange, Those coins you saw in our Bitstamp account is our own stock that we use for buying and selling. The coins from loans get stored in Cold storage and when the LVR is too high we offer one more option which is Itbit.com (we do not recommend it though). However Itbit.com in my opinion has the best I've seen security wise. But not practical for day to day as the withdrawals are done manually and take hours as they check them one by one. 

Now let me ask you! are you actually after a loan?? It doesn't seem like it. it seems like you are just a smart ass. This forum is amazing but some people here need to get a job.

This post is for people that actually need the service, Also please come and meet me in our office in Melbourne 1102/227 Collins St Melbourne. Till then, mind your own business, or help people with cheap rates like we are doing! Thank you

Honestly that doesnt exactly prove you own the address but if you expect to use any crypto as collateral, it may be best to use an escrow here than to rely on you, especially since youre new, and someone could send crypto to you and you could easily run away with it, or another worse case is that the coins somehow disappear since youre using an exchange vs hw wallet or cold storage and your account could get "hacked". So people here may be more comfortable using an escrow here that is trustworthy.

You own a local exchange? Even though I dont live in AU, could you post the name of this exchange?
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We have an over the counter exchange called BitcoinDealers.com.au

Where in Sydney is your office?

I live in the western suburbs so the city is only a short drive/train journey away.

I might be interested in using your services
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The address is 906/84 Pitt St , Sydney . Office opens to the public on the 27th.

Head office is in Melbourne
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Thanks, I'll drop in at the end of the month

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Where in Sydney is your office?

I live in the western suburbs so the city is only a short drive/train journey away.

I might be interested in using your services
[/quote]


The address is 906/84 Pitt St , Sydney . Office opens to the public on the 27th.

Head office is in Melbourne

Unfortunately we are unable to sign with our Bitstamp account. We are also neding USD or AUD not crypto but I have included the link bellow of our Bitstamp account
https://drive.google.com/file/d/1wruT3-WRU14bBxc00Zs99dXYYECKBQgA/view?usp=sharing

Where in Sydney is your office?

I live in the western suburbs so the city is only a short drive/train journey away.

I might be interested in using your services

Can you sign a message proving you own these addresses and do you have an address that you can sign that have a balance on it that could cover loans?

Thank you for the backgorund check  we are Suite 23, Level 4/55 Gawler place, Adelaide. The add you are looking at is for Level 4, Suite 4/55 Gawler Place.

As mentioned on another reply we are new to crypto lending so we have no previous dealings in BTC. Now we have been buying and selling BTC for over 12 months using Bitstamp heres SOME of our addresses
3B67MbXD7u1s59qVTuN6kU5Ez7CRTEoKEm
3NP6zkZ3AkLU8rziaFT7wyCMM8DhwM6Px7
33yeCJZnGzvf4KZLqf3SNnnK54Xth51Acg

You own a local exchange? Even though I dont live in AU, could you post the name of this exchange?

We are cheap because we use our own funds.
We currently have a huge amount of funds available and since we are new in the space we have to be competitive to attract customers Furthermore we make much less if the funds simply sit in the bank.

We have been lending here in Australia for the last 6 years against gold and silver bullion through our other company. We own a local exchange that does Bullion and cryptos. Now due to demand we started lending to our clients using their crypto.

We lend on all major coins but prefer:
Bitcoin
Ethereum
Litecoin
Ripple
Bitcoin Cash
Dash
Monero
Contact us if you are unsure about your coin.

Interesting.  Your one Adelaide office was on the market as just a few weeks ago.  Have you had any past business? If so you should be able to sign multiple addresses with previous significant balances right?

How come you're so cheap ? and what coins are you accepting ?

Thanks

Quoted for future reference.

Hi guys,

We are an Australian company with 3 offices in Sydney, Melbourne and Adelaide, and now WE DO LOANS WORLDWIDE

People use their Crypto as collateral and borrow up to 60%.
our website is:

bitcoindealers.com.au
bitcoindealers.com.au/loans.html
[email protected]

This is a summary of what you need to know:

   1.    You can borrow up to 60% of the value of your crypto.
   2.    Your Crypto is used as collateral.
   3.    You receive funds on the spot in cash or telegraphic transfer
           anywhere in the world, all major currencies.
   4.    You can keep the loan for as long as you need it.
   5.    Once a month pay the monthly fee, if you want to continue the loan.
   6.    When you are ready pay the loan back, and you get your crypto back.
   7.    HAPPY DAYS!

The Monthly rates are as follow:

GUYS WE ARE LOWERING OUR RATES, CHECK THE NEW RATES OUT:

 500k+ = 1.5% per month
 200k+ = 1.7% per month
 100k+ = 1.8% per month
 50k+ = 1.9% per month
 20k+ = 2.0% per month
 10k+ = 2.1% per month
 5k+ = 2.3% per month
 1k+ = 3.0% per month

If you are in Australia welcome to visit one of our offices, alternatively it can be done via email [email protected] or call us
From Australia dial: 1800 628 831 and overseas +61 424 909 235 (WhatsApp)