BTCpop: Safe Peer-To-Peer Bitcoin Banking Lending Platform?

Cryptocurrencies have created an entirely new economy that is independent of financial institutions and third parties along with the benefits of giving users complete control of their finances. The growing market interest in these cryptocurrencies has led to the creation of numerous lending solutions that utilize crypto assets. BTCpop is a lending platform that offers plenty of amazing features for discerning crypto investors. Find out more information about BTCpop here below.

What Is BTCpop?

BTCpop offers an unmatchable P2P banking service for cryptocurrencies with investment pools, instant loans, collateral-linked loans and so much more. Unlike other banking services, BTCpop doesn’t depend on any third-party apps to store the coins. The altcoins are securely locked away offline and only a small amount is stored in the hot wallets.

What makes BTCpop stand out when compared to similar lending systems, is the fact they offer a more comprehensive financial platform. Here, you can secure P2P loans for your startup, trade altcoins through the inbuilt exchange, fund your company through the IPO feature and also participate in staking. All these features make BTCpop the best place to handle a wide range of crypto investments under a single user-friendly website.

BTCpop Features

Crypto Exchange

BTCpop allows its clients to change their wealth into different currencies, ranging from Bitcoin, Dogecoin and Litecoin. These numerous exchange pairs enable clients to conveniently change currencies with members of the community and the platform is committed to increasing the total number of available altcoins.

P2P Loans

The reputation based P2P lending on BTCpop does not focus on a client’s credit score; rather it emphasizes on reputation. Since the loans come from members, being a lender is another way to earn money through BTCpop. You can customize the terms of the loan and also the amount you intend to give out.

Staking

Many tokens nowadays are starting to adopt the PoS verification process. Hence, BTCpop offers clients a dedicated mining pool that will allow them to earn funds from crypto mining.

IPO Funding

Designed for startups and new businesses, the IPO product from BTCpop allows the community to fund your business ideal. You can either launch an IPO through this platform or be an investor in a range of selected high-quality startups.

Ardeva Acquisition

BTCpop acquired Ardeva, a firm that is focused on verifying accounts, to help in adding an extra level of security to its platform. Loan borrowers get redirected to Ardeva’s website where they connect their BTCpop account through providing their username. The next step is to fill an extensive verification list that includes, ID, home address, income, postal varication, phone confirmation, video presentation, credit card, and social media pages.

BTCpop Fees

Fees for P2P loans on BTCpop are typically determined by the lenders. However, the baseline fee for loans is generally 4%-5%. Since IPOs are categorized as loans, investors will receive a percentage of the profits and also receive dividends. BTCpop provides an insurance service for IPOs that is charged at 1% of the total loan. Hence, borrowers pay about 5% transaction fees along with an extra 1% for insurance. Also, investments must range from 1 satoshi to 500 BTC.

BTCpop Conclusion

BTCpop is a welcome alternative to the conventional banking system. It has numerous services under one platform and is dedicated to building an easy to use platform for P2P lending, funding IPOs, crypto exchange and staking services.