Topic: BitConnect - Lending, Investing, Buying, Selling etc Connecting Bitcoin Users (Read 1908 times)

i'm thinking of investing in this program..what is the downsides of bitconnect?

BUMP!!!

https://news.bitcoin.com/bitconnect-co-creates-innovative-bitcoin-lending-platform/

is like btcjam? how about minimum lending and what is needed to build a trust for micro lending?? good luck with your project

BitConnect is an open-source platform where you can buy, sell and trade bitcoins to the other trusted community members. Bitconnect system members interact directly with each other in a peer to peer fashion, enabling buy, sell or lend operations to all other members. Bitconnect was not formed to be a company nor financial institution but to function as a collective. Our mission is to make Bitcoin the main payment system in use by the world. We propose bolstering bitcoin acceptance by providing this peer-to-peer community where all members interact directly with each other. To accomplish this, we have provided you with several modules designed to connect you to our marketplace. Some of these modules include Buying, Selling, Lending, and listings services (where we act as the bitcoin payment custodian on your behalf.) Bitconnect has designed these modules from the ground up to provide extensive verification and security so that the highest ranked service providers are promoted first, providing an opportunity for honest participants to earn supplemental income or procure bitcoin through our product offering.

How does Bitconnect System work?

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Bitconnect system is divided into four major modules. They work independently of one another but do contain a linked integrated feedback system used to enforce quality and reputation parameters on the system. Each Bitconnect member receives a feedback for each completed transaction for each given module.

Bitcoin lending platform (Community Lending)

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Bitconnect members can potentially earn Bitcoin through peer-lending to other trusted community members. Using our Peer rating system, we can help you best identify potential microloan opportunities to earn a substantial return on your investment! Let us do the hard work of vetting qualified collateral holders so you can rest easy and let your investment do the heavy lifting.

Bitcoin trading platform (Buy and Sell Bitcoins)

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Bitconnect Trading Module allows members to exchange their bitcoins to other trusted community members. Only qualified community members may use the trading module to create trade advertisements with the exchange rate and mode of payment they prefer. All other bitconnect members can browse these trade advertisements to buy or sell bitcoins.

To post trade advertisement, all members are required to unlock this feature by gathering a minimum of 500 transaction feedbacks from the community, through utilizing the Bitcoin Lending module, no exceptions.

Bitcoin e-commerce platform (Buy and Sell Products with bitcoins)

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This third bitconnect module allows the ability to create listings for other members to buy or sell your goods & services using bitcoin as a payment processor. To become a registered vendor you need minimum 1000 transaction feedback from previous modules to submit product listings through seller portal. This is necessary for trust verification set by the Bitconnect system.

Bit Store (Local bitcoin store)

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Bitconnect final module is called a BitStore. This is an official Bitconnect store equipped with bitcoin ATM to serve the local community. As this level has special functionality, all accounts must be verified and peer-determined and limited in issue.

Visit BITCONNECT

If you are an investor then don't forget to have a look here
https://www.bitconnect.co/learning_center/learningfront/index/2

Download BITCONNECT Presentation Here
http://www.datafilehost.com/d/9a09f0fb