P2P Bitcoin Lending Platform Review – BTCpop Review

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QUICK TAKE BTCpop offers the best default protection in the market – insurance up to 50% of the loan, a borrower’s collateral mechanism, and partnership with an international debt collection agency.   Acquisition of Ardeva allows the outsourcing (insourcing?) of account verification, which is thoroughly done, while protecting borrower privacy. Internal flotation of shares allows for collateralization of debt APRs are very high for borrowers, which discourages the most quality profiles from using the platform. Third higest loan volume in the market and growing. Try BTC-POP Today Summary BTCpop has hit the bitcoin lending ground running, introducing a number of novel concepts that will must likely become standard in the wider market.  Debt collateral, which had not made an appearance in the p2p bitcoin lending, is introduced utilizing a clever method of crowdfunding directly through the btcpop platform.  And despite some of their previous controversies, the acquistion of Ardeva, a company that has been solely focused on account verifications, lends more professional airs to the process, though it does also make it a bit more intensive.  We are also fond of the loan insurance concept, but its current form – in which this is a small premium added as a …