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Topic: 💰 💰 💰 CryptoCredex - loan secured by Bitcoin 💰 💰 💰 - page 3. (Read 517 times)

full member
Activity: 392
Merit: 102
I got acquainted with the project. The idea is not really new. But the team approached this from the other side. And I believe that this service will be quite in demand among users.

Of course you are right. Often happens such, that means are urgently necessary. For example, there was a favorable situation for entering the market and there is an opportunity to make good money. In this situation, I see the need for such services.
member
Activity: 308
Merit: 24
I got acquainted with the project. The idea is not really new. But the team approached this from the other side. And I believe that this service will be quite in demand among users.
hero member
Activity: 770
Merit: 504
Hello! As far as I understood correctly, any person can take credit after security. I can take out a loan for a certain amount, giving you the equivalent of this amount in crypto currency. And if at that time the cost of the deposit fell sharply due to high volatility, and the loan amount became more than a multiple of the collateral. An unscrupulous client can not return a loan. How do you plan to work with such risks?
member
Activity: 280
Merit: 10
It's good that you decided to provide users with this service, because Bitcoin is now not convenient to use as a payment tool.
full member
Activity: 280
Merit: 100
This is very helpful but unfortunately the guarantee is very high, (5.8btc) for low consumers can not register because it does not have a lot of bitcoin as collateral.

The amount of collateral depends on the amount you want to borrow.
copper member
Activity: 4
Merit: 0
Thank you for your attention to our project CryptoCredex! We, as well as most of you, believe in the great future of the ideology of the Blockchain and that is why one of the first began to offer the possibility of lending under the crypto currency. So far this is only bitcoin, but in the coming months we plan to start a few more altcoins from the TOP 10 on world capitalization.

And now the answers to your questions.


Nice looking project with fresh idea. When are you to start Cryptocredex?

We started offering lending since January 2018.

So, it's not a iCO project, you just place the add of working service? How long do you work? When did you started CryptoCredex?

Absolutely true - it's not ICO ☺ We do not need millions, we have millions. And we are looking for people to whom these millions give on the security of crypto currencies.

while others are collecting money for such kind of platform you guys just made it working, Great job!
What's the terms of getting loan? Does the social ID verification needed?

In accordance with the AML policy, verification ID is mandatory. To take out a loan, please sign up to account. You can get 50% of the value of your bitcoin portfolio.

btw, what the % I need to offer for collateral?

So far only bitcoin serves as collateral. In the future we will start to take a few more altcoins.

Loans up to $2 millions? How big us your company? Thats really serious business. Will you provide any referal program?

Possible loans for amounts and more than $ 2 million. We plan to launch the referral program later.

Loan calculator at your website is very nice, but I can't get how to use it. Can anyone help?

Calculator shows indicative data. To get the exact offer, please open an account.

You send us your ID and home address proof. Is it your own KYC ?

Now this is a common practice and is dictated by international law.

hello, interesting project, but I have a question: where can i find your loan conditions? are they in public acces? or only in the private?

Register the account please and you will see our legal documents and the conditions for obtaining a loan. They are one for all.

Hello everyone, nice project, but I think you have competition with other projects like your, what makes you special?

Our unique feature is speed, ease of issuing a loan and a unique opportunity to receive large sums. Our competitors are not ready to give out millions, we have such an opportunity.

i can't understand what will be if bitcoin make its favourite x2? Will the borrower have to return this difference? or will lender lose its money?

The owner of bitcoins is the borrower. Therefore all potential gains and losses from x2 fall on him.



Thank you all for your questions!
member
Activity: 182
Merit: 10
This is very helpful but unfortunately the guarantee is very high, (5.8btc) for low consumers can not register because it does not have a lot of bitcoin as collateral.
member
Activity: 308
Merit: 24
What cryptocurrency do you accept as a security in addition to Bitcoin?

On the site the team indicated that as a pledge only Bitcoin will be accepted.
full member
Activity: 308
Merit: 100
What cryptocurrency do you accept as a security in addition to Bitcoin?
member
Activity: 280
Merit: 10
Are you going to conduct ICO for your project or do you want to manage your own funds?
full member
Activity: 280
Merit: 100
CryptoCredex is so useful service with nice and modern idea. I hope they will be successfull as no other platform.

I also think that the project will be successful. However, it is necessary to invest a lot of money in advertising, in order to learn about the project as many people as possible.
member
Activity: 266
Merit: 10
Loans up to $2 millions? How big us your company? Thats really serious business. Will you provide any referal program?

It's written on their website
You can borrow anything from $1,000 to $50,000/ € on standard terms.
We provide from $50,000 to $2,000,000/ € on concessional terms.
Please, pay attention that we are entitled to require additional documents when you issue amounts more than $10,000 / €.

That is to get a smaller amount you do not need documents? You are putting a significant risk on your capital in this case.

They take a pledge, this significantly reduces the risks when issuing a loan.
full member
Activity: 322
Merit: 100
Loans up to $2 millions? How big us your company? Thats really serious business. Will you provide any referal program?

It's written on their website
You can borrow anything from $1,000 to $50,000/ € on standard terms.
We provide from $50,000 to $2,000,000/ € on concessional terms.
Please, pay attention that we are entitled to require additional documents when you issue amounts more than $10,000 / €.

That is to get a smaller amount you do not need documents? You are putting a significant risk on your capital in this case.
full member
Activity: 280
Merit: 100
Is the project already operational and functioning? Is it already possible to use your services?
full member
Activity: 392
Merit: 102
i can't understand what will be if bitcoin make its favourite x2? Will the borrower have to return this difference? or will lender lose its money?

No one will lose anything. Bitcoin acts as collateral, on the basis of which a loan is issued.
member
Activity: 280
Merit: 10
Hello everyone, nice project, but I think you have competition with other projects like your, what makes you special?

You are right, the competition in this market is quite high, but this is an indicator that the niche is in demand.
member
Activity: 224
Merit: 10
Such service is very useful, because nobody want to sell Bitcoins, but sometimes need extra money.

Yes, you are right, not everyone wants to part with the BTC expecting further growth.
newbie
Activity: 168
Merit: 0
CryptoCredex is so useful service with nice and modern idea. I hope they will be successfull as no other platform.
newbie
Activity: 154
Merit: 0
CryptoCredex can chnage the existing financial situation, no more banks and others
How many competitors does the CryptoCredex how? Is it the future of money loans?
Sure, nowadays cryprocurrency becomes very popular, also, lots of people hold coins for future, for potencial profit.
newbie
Activity: 168
Merit: 0
CryptoCredex can chnage the existing financial situation, no more banks and others
How many competitors does the CryptoCredex how? Is it the future of money loans?
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