The blockchain rush has brought us so many solutions to problems, and Lendabit is one of them, affirming to be the ideal way of getting peer-to-peer loans, using the power of cryptocurrencies and blockchain technology.
A bold statement. That is why I will let you know everything about it in this complete review and analysis.
What Is It? – A Concise Explanation of Lendabit
It is a fintech company that uses blockchain technology to offer secured private loans instantly to borrowers, without leaving the comfort of their home.
However, it has many other benefits that make it unique in the world of P2P lending:
- Instant unverified loans – perfect for those with credit problems
- Super low fees for borrowers and lenders – 1% and 0.5% respectively
- Amazing accessibility – available for all people around the world
- Solid and efficient customer support service – always ready to assist you when you need it.
Thanks to the Unique Loan Wizard, you can register very fast and request a loan in record time. They simplify all the processes, so you can use the site in an effortless way.
I think that is one of the major advantages of Lendabit because it puts P2P loans available for everyone in a fast and easy way.
They take cryptocurrencies as collateral for your loan, another key aspect where it is different the majority of companies in the lending industry.
It is perfect for people who cannot get financing or loans at traditional institutions because here you only need to meet their requirements and you will get a loan faster than you think.
It makes things so easy that you can even request a loan of up to 300 USDT without having to go through the verification process. So, if you are on a rush, now you know how to handle it.
Anyways, I recommend you to become fully verified because that is how you can use the platform the best. I’m sure that you will love it because using it is very easy and intuitive.
Is It Safe? – No Worries
Don’t worry, because everything here is very safe thanks to blockchain technology, which authenticates all transactions, and hence, make sure everything runs the legit way.
They also have partnerships with key companies like Crystal Blockchain and Exonum, which makes it even safer. So, you have nothing to worry about, because all of your information and transactions are in the safe zone.
So far now, they have kept a clean record, and if you browse around, you will see that they enjoy a solid and positive reputation in the industry.
In conclusion, it is safe and legit to use. If you want to get a loan using their revolutionary service, you should sign up. Definitively.
Here you have my personal review of Lendabit updated for 2019. I hope that it helps you to see what a great solution it is!
If you have more questions about it, just let me know.