BTC CREDIT :The Next Crypto Banking Solution
Good day to you reading this. You have been looking for how to make loans on USDT and using Bitcoin as collateral, here is the platform built for that. I am Abdulquadri Naseef by name, a renowned and well-known Bounty Hunter.
BTC Credit Coin/Token
The next crypto banking solution gene, a Blockchain based P2P lending solution.
BTCC Tokens As A Medium Of Exchange And As Collateral.
By using USDT as a medium of exchange the System fees for borrowers will be 0.25%.
By using BTCC Token as a medium of exchange the System fees for borrower will be 0%.
When Bitcoins are pledged as collateral, the borrower has to pay the interest as per the Loan contract.
Borrower can borrow up to 75% LTV of the collateral value by pledging BTCC Tokens.
Borrower can borrow up to 60% LTV of the collateral value by pledging Bitcoin.
Loans with BTCC Tokens will be featured as priority.
Loans with Bitcoins and ALT coins will be featured as medium priority.
By using BTCC Tokens as a medium of exchange, EMI can be Refilled by using BTCC / USDT
By using USDT as a medium of exchange, EMI can be Refilled by using USDT only.
In case of BTCC Tokens as medium of exchange, Reliable fees will be 2.5% which will be paid for by the borrower in case of late EMI Payment.
In case of USDT as medium of exchange, Reliable fees will be 5% which will be paid for by the borrower in case of late EMI Payment.
When BTCC Tokens are pledged as collateral, Penalty for late fees will be 0%, which will be paid to the system, by the borrower in case of late EMI Payment.
When Bitcoins are pledged as collateral, Penalty for late fees will be 5%, which will be paid to the system, by the borrower in case of late EMI Payment.
Rewards will be given in the form of the BTCC Tokens on successful handshakes, to both the Lender and borrowers, and to the borrower on the successful payment of EMI by the borrower.
Benefits & Rewards
The System will Reward the Lender and the borrower with BTCC Token when a contract is deployed between them.The Borrower will be rewarded with BTCC on every successful EMI Payment.
15% Extra Loan Amount
In Alpha, the Borrower gets 60% LTV of Collateral (BTC) deposited, but the Beta Borrower gets 75% LTV of Collateral (BTCC Token) deposited.
Token Distribution
OUR ROADMAP
Q4 2018
P2P Crypto Loan System Launch
The journey begins with Borrow-Lending, a Peer-to-Peer Crypto Loans System Launch.
Smart Contract On Ethereum
LDT Tokens Contract, BTCC Tokens Contract.
Q1 2019
USDT Lending system Launch
Users Can Lend USDT which is backed by LDT Tokens and Smart Contract
Getting Apps Available on Mobiles
Getting the Lending Platform Compatible with Mobile Phones.
Acquiring Licenses
Acquiring Crypto Wallet and Lending Licenses
Crypto Wallet Launch
Crypto wallet Launch.
Q2 2019
BTCC Token Listing on our Lending System.
Now users can Lend Using BTCC Tokens and can use BTCC as collateral.
P2P Exchange Launch
Peer-to-Peer Cryptocurrencies Exchange Platform Launch.
Q3 2019
Staking Plan Launch
The launch plan for investors, who will be benefited with interest on BTCC / BTC hold as staking
ALT Coins Lending and Colateral
Now users can use Lend Using Alt Coins and Alt Coins as collateral.
Q4 2019
Crowd-Funding Platform
Peer-to-Peer Crowd-Funding platform
For More Information
WEBSITE: http://btccredit.io/
WHITEPAPER: http://btccredit.io/pdf/btccredit_whitepaper.pdf
TWITTER: https://twitter.com/btc_credit
Author: Rafaandika
Bitcointalk profile:
Eth address:
0x19C8eB6d14C17E2918aF2D0Bf03F649F05606598
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