Due to the main advantages of credit lines — flexibility, interest-free grace period, automated use and attractive annual interest rate, — they are in high demand among many borrowers. Let us describe the use of the new borrowing functionality. 1. Login to your account and…

Oftentimes, platform users experience difficulties in calculating the collateral amount for loan arrangements. Generally, crypto collateral coverage depends on loan amount, loan duration and it should meet the Initial LTV ratio (50%) at the date of striking the loan deal. The value of pledged collateral…

This is a brief explanation on verification stages and corresponding loan/withdrawal limits for all LendaBit.com platform users. Stage 1. Email Confirmation After creating an account on LendaBit.com, it is mandatory to confirm your registration and activate your account. You will receive a confirmation message sent…

At the LendaBit.com website, all platform visitors can use a very manageable and easily understandable Lending Calculator. To access the tool, simply go to the main page and tap the toggle switch “For Lender.” Now you are able to take advantage of the online calculator….

Not so long ago, LendaBit.com rolled out an incredibly useful and innovative solution called LOAN WIZARD to apply for a loan in a matter of minutes. To begin with: a. Login to your account. b. Use the toggle switch button “Borrow” in the bottom right-hand corner to…

All platform members are welcome to use P2P Loan Calculator, a handy instrument for automated calculations, which gives concise visuals to help determine all necessary variables. Most importantly, the instrument was designed for informative purposes, to get a glimpse at how the borrowing algorithm is executed, thus…