LoanBit ICO Review [LBT Token]: Exchange and Lending Platform
The LoanBit is one of the best Bitcoin lending platforms which help individuals to earn by lending them BTC. This is said to be a decentralized platform. This foreign-based company has announced about the LoanBit.net. This platform is built to provide the user a small and medium business access to a Bitcoin capital with the best reasonable price from all the private lenders. Therefore it works as a mediator between the companies and all the users who wish to borrow the BTC for the sake of growing their career in business. This also helps them to earn a profitable interest.
In the recent times, the value of Bitcoin has increased a lot. This has really changed the look of business globally today. Some user stores the digital currencies for their personal use. This platform has got one of the best features where it has proven itself to be a profitable platform as it’s a quite faster platform for its users. On the other hand, it’s also a cost-efficient lending service which directly leads to good profit.
Here all the investors enjoy a lot as the platform provides an advance credit risk models. This helps them to achieve and have better performance of the loan portfolio. The platform like the LoanBit come quite handy have some good features such as the white-labeling and also proving highly configurable and flexible platform. Lastly, the loan application gets responded within two to three business days. Let us go through the features to understand the platform in a better way. How better is this platform from the rest?
There is humor from users that it is a platform quite related to the scam. Let’s find out by going through them.
- Low Entry Level: The user who wishes to be a part of this platform can start with 0.01 BTC
- Stable Level: This platform promises to return around 2% to 5% per day. This indirectly powers the user to have good control over their own funds.
- Associate Program: This platform also allows 3 level of affiliated/associate programs. This is possible once the user earns 4% commissions on the very first level, 2% on the second level and 1% on the third level.
The platform provides good access to the users in case of borrowing resources and also provides an improved welfare for the users. On the other hand, it also produces popular cryptocurrencies so that new users feel interested and join this platform. Lastly, the platform stimulates the economic developments.
- The platform leads to an operative access to the financial resources for the users.
- Here the platform is aiming towards the interest rate which is frequently lesser than in the banking institutions.
- There are no hidden commissions.
- The information provided is quite limited and constructive.
- There is a good scope for early repayment of the amounts the users wishes to repay back.
LoanBit ICO and LBT Token
- Token: LBT
- PreICO Price: 1 LBT = 0.25 USD
- Price: 1 LBT = 1.00 USD
- Platform: Ethereum
- Accepting: ETH, BTC, USD
- Hard cap: 20,000,000 USD
Visit ICO Website || Bitcointalk Thread
If we go through online information regarding this platform there are many websites that have tried to prove this platform as a scam one. As the company here is not trying to communicate regarding important information related to who they are actually or how this platform suddenly developed. No correct information has been in news yet. Therefore the platform is listed under fake address and a fake number. It also has been noted that the company has made false statements regarding its investment returns which include the RoIs of 700% per year and many more such statements. In recent months the platform was also be spotted on the line to look more legitimate than any other Bitcoin HYIP scams. But this platform is trying and unique projects in both blockchains as well as in lending ecosystem.