How to Calculate Loan Collateral?

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…

Verification Stages at LendaBit.com: Step-by-Step Manual

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…

Lending Calculator

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….

LOAN WIZARD Explained

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…

P2P Loan Calculator at LendaBit.com

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…