crypto capital review

Blockfi Review 2020: Pros and Cons – how to get bitcoin loan

Blockfi Complete and Unbiased Analysis

The blockchain revolution has brought us several innovative companies and services, and Blockfi is one of them.

This cutting-edge technology promises to disrupt many industries, if not all, and finances is one of the most promising fields because companies like Blockfi redefine loans and interest accounts.

Two financial products powered by blockchain and cryptocurrencies.

Personally, I like the concept, however, it deserves an unbiased review, and that’s exactly what I will share with you today.

Pros and Cons of Blockfi: A Proper Summary


  • Fair Interest Rate – Up to 8.6% Annualy
  • No Credit Score Check – You can apply despite your current credit status
  • Cryptocurrencies as a Collateral – You can use your assets to borrow money
  • Interest-only Payments – Pay the interests first and the original borrowed amount at the end
  • Super-fast Application and Approval – You could receive your loan in as little as 24 hours


    • You need a big stack of cryptocurrencies to claim a loan – At least $15 K USD worth of BTC or ETH
    • Origination fees – Although, it is only 1%


If you need a loan, but traditional institutions won’t bring it to you; or because you don’t trust them as I do, Blockfi brings you a great opportunity to borrow money using your cryptocurrencies as collateral, while offering you a super-low interest rate.

It doesn’t perform any kind of hard credit check, so, even if your score is bad, you can still get a loan, as long as you meet their requirements.

However, you need at least $15,000 USD worth of BTC and ETH to use the system, something that can put off many holders. Nonetheless, truth be told, it is a good measure to protect the ecosystem and keep it working.

It is a con in a sense, but a huge advantage in another, because it guarantees the functioning and continuity of the service in the long term because it protects Blockfi and its customers.

Another huge advantage is that it uses the interest-only system, which makes it different to other companies that offer similar financial products because if you browse around, you will see that most expect you to pay a % of the borrowed amount + interests every period.

Yes, I know about the origination fees, but it is only 1%, and in fact, it is worth it in exchange for the fast funding time and low-interest rates.

Finally, I love how fast they are. If you need a loan in a hurry, worry not, because their usual TAT is only 24 hours, which is time record, especially when you compare it to traditional financial institutions.

I recommend Blockfi because it is a great loans system that uses cryptocurrencies as collateral and brings you a fair interest rate.

It is a great way to get cash in your hand when you really need it because their TAT is super fast.

Bitbond Review 2019: Best Small Business Loans? – Full Analysis

how to get bitcoin loan

Looking to finance your small business with a good loan?

In this review I will let you know everything about it, so you can see why it is a good alternative for financing your business.

It is a common scenario and many financial institutions are willing to lend you money, however, some are better than others, and that is the case for Bitbond, one of the leading small business lending platforms in 2019.

In this review I will let you know everything about it, so you can see why it is a good alternative for financing your business.

More about Bitbond – All the Details

It is a peer-to-peer platform, in simple words, they introduce businesses to investors and borrowers with the interest and capacity to finance small business loans, which range from $1,000 USD to $25,000 USD.

It is unique in the sense that it makes much easier to get small business loans, which is a common problem for many companies. Perhaps you can relate to this, but worry not, because Bitbond makes it much more accessible.

They also bring multiple financing options:

  • Bitcoin
  • US Dollars
  • EUR
  • Kenyan Shillings

As you can see, they are run using the power of blockchain and cryptocurrencies. Another huge difference that makes it outstand from the crowd.

Why Trust Bitbond?

Because it is already being used by several investors and small businesses, using its blockchain to finance loans and help companies grow.

That is the beauty of this concept, because it allows small businesses, especially those in undeserved regions to have a chance of getting finance to grow.

I recommend you to check it out, because personally, I trust it and I love the concept behind it, because it is doing something positive for all of us.

Looking to finance your small business with a good loan?

It is a common scenario and many financial institutions are willing to lend you money, however, some are better than others, and that is the case for Bitbond, one of the leading small business lending platforms in 2019.

The Pros and Cons – The Good and the Bad of Bitbond


  • Cutting edge blockchain technology – which makes it possible to offer this service
  • Lower and fully transparent fees and interest rate – beating most of the competition
  • No minimum credit score – you can apply regardless of your financial situation
  • Loans brought by investors – hence you have higher chances of getting it
  • No bank account – making it accessible for small businesses around the globe
  • Ideal for online businesses – for example if you run an online eCommerce shop


  • It doesn’t bring the loans, it only connects you with investors
  • Origination fee (one time)

Bottom Line:

As you can see, it is a revolutionary concept that uses the power and flexibility of blockchain technology to connect you with investors willing to fund your small business.

You only have to present it positively and show proofs that it is profitable and in profit zone, so investors can lend you money with confidence.

Therefore, if you have no options for getting a small business loan with traditional institutions, Bitbond may be the perfect solution for your problem.

What Is It? – A Concise Explanation of Lendabit

how to get bitcoin loan

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.

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.