INTRODUCTION
Since the inception of cryptocoins, the coins have only been used for different purposes and as to gift other users but haven't find application as loan. This is unlike how the Fiat currencies are used for this purpose extensively. The inability to use them as loans have reduced their importance and the way they can find application in the finance world. Now its about time to make them more useful through the introduction of Bitbond that allows lenders with more than enough fund to lend to others in need and then have them work out their contracts that will guide them and make sure they don't get stressed over this opportunity.
ABOUT BITBOND
This platform is an active portal online that aids the collection of loan by borrowers. It is a perfect p2p system with the right features to help bring different parties in alignment to have services exchanged when it has to do with funds or money lending therefore opening a ground for investors to connect with borrowers without struggles. This platform has the support the GmBH of its company and that one has existed for a long time now. It falls into complaince and allows users to undergo necessary KYC process and rules to know what is at stake in the process. By using this platform, one is submitting to its terms of services and also positioning oneself to be able to make use of both crypto and fiats without any stress. It displays its utmost simplicity in the programs and make sure every borrower get what they needed as they participates. As they work together in it, they have more opportunities opened unto them and working with the p2p features seems very easy. What many conventional banks cannot do or the process they find difficult to manage will be managed by Bitbond.
HOW BITBOND WORKS BETTER THAN THE CONVENTIONAL BANKS
When it has all of the borrowers in it requesting for the loans they seek, it make them state the reason for their demands and then it rates them and divides them into categories based on some criterias in their loan use and then it makes that known to all the lenders so they can have a good idea of who they are dealing with or the risk involved with lending to a particular person. So the lenders get to make their choices after that without any blame on Bitbond for whatsoever might happen latter on. But it ensures it prepares a great contracts between them such that it is very impossible for the borrowers to play smart on lenders.
STEPS TO FOLLOW TO BE A VERIFIED BORROW IN BITBOND
The first is to register by visiting the platform's page and doing that. This will involve filling the necessary forms in the page and completely signing up with your email especially. This usually take few minutes to complete with the available documents or means of identifying the users.
The information of the person registering is very vital for security reasons to prevent impersonation in the system.
Then the person will need to connect their account on this platform with their other social pages so they can start building their credibility from their and their account can stand a higher chance of getting higher loans. The credit rating in this platform is very important for the users. This place them higher when they are presented to lenders.
Then when all that has been set, they can go ahead with the next step of requesting loans from the investors. But usually this doesn't work directly, they are made to draft their request and submit after which it is sent to the Investors so the investors can choose from the list the one that is most convenient for him to give. There is the Get Loan option already on the interface,.and that is where it all starts from. In every cases, the purpose of the loan are stated and this should be a hard thing to do.
THE BITBOND TEAM
CONCLUSION
This is an interesting project that makes investors able to contribute to the business of people whether directly or indirectly. Bitbond is there a perfect guide to make that possible because it considers the peopy in the platform and also make investors gain interest when the loans are to be returned.
USEFUL LINKS
STO Sign Up: https://www.bitbondsto.com/?a=CAUMLQ
Light Paper: https://www.bitbondsto.com/files/bitbond-sto-lightpaper.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5130337.0
Twitter: https://twitter.com/bitbond
Facebook: https://www.facebook.com/Bitbond/
Telegram: https://t.me/BitbondSTOen
Youtube: https://www.youtube.com/user/Bitbond
#bitbond #bitbondsto #tokensale
AUTHOR'S DETAILS
Bitcointalk Username: Chomsy
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1759759
Bitbond Affiliate: https://www.bitbondsto.com/?a=CAUMLQ
