BTCPOP: Safe Peer To Peer Bitcoin Banking & Crypto Lending?
With the increase in popularity of currencies such as BitCoin, Ethereum, it comes as no surprise that the number of lending programs that make use of crypto assets have increased by more than 200% in the past month alone.
Btcpop is one such lending system that comes packed with a number of unique features such as:
Simply put, one can think of Btcpop as a “one stop shop” for all our Bitcoin investment needs.
More About the BTCPOP Venture
Since its release in 2016, Btcpop has become quite a talking point for members of the crypto community at large. To start off with, BTCPOP is not an exchange, but rather serves as a BTC bank. Some of the key features of this platform include:
(i) Easy to Use:
The User Interface is fairly straightforward and can be used by novices and experts alike. The website is also embedded with a “live chat feed” that allows customers to get in touch with company representatives incase they have any doubts or questions regarding Btcpop.
(ii) Market Trusted:
While many fraudulent ventures usually possess domain names that have been registered recently, Btcpop was registered on the web all the way back in 2014 (by a person called Lee Bartholomew).
In order to ensure that all of the funds being supplied to the system are stored and kept in safe accounts, this platform has been bolstered via the use of encryption modules developed by McAfee.
Investment Opportunities on Offer
(i) Investment Pools:
Though the use of this program, customers are given an opportunity to invest their alt-coins into a variety of bitcoin securities with varying risk levels. To be more precise, we can see that investors have the option to divide their funds between “different credit rating pools, so as to diversify risk ratios”. The various trust levels include A-Rated, B-Rated, C-Rated, D-Rated, and E-Rated projects.
In addition to this, BTCpop also makes use of various lending pools, that allow for auto investments to be made, depending upon the rating of a featured portfolio.
(ii) Shares Mining:
Unlike various P2P sites that make use of third party mining resources, BTCpop hosts its own cloud mining activities. All of this is made possible through the use of shares, the details of whom are maintained with customers in a completely transparent manner. The shares can be traded like regular stock options, but there is a small transaction fee that is applicable on all internal transactions.
(iii) Lending Programs:
Another core investment avenue that can be availed of when using BTCpop is that of lending. Upon going through the programs being offered, we found that some of the loans being offered by Btcpop have been backed by collaterals (which guarantee remunerations for any loss of principal). To get a full list of lending programs on offer, customers are encouraged to visit the official company website.
Other Key Aspects to Keep in Mind
(i) Loan Security:
As mentioned earlier, Btcpop offers users with loan guarantees based upon a proprietary ranking and rating system.
(ii) Ardeva authentication:
A highly underrated aspect of this platform is its use of a verification system that ensures that all of the loans being given are backed by documents related to a person's income stream, government IDs, address proof, etc.
(iii) Good Loan Volume:
As per our research, we have found that the loan volume provided by Btcpop is amongst the highest in the market.
Through the use of Social media outlets such as Twitter and FB, Btcpop keeps its customer base up to date with all of its latest happenings. In addition to this, the company also has a strong presence within the BTC reddit community.
How Do I Sign Up?
To get on board, users have to go to the official company website, and click on the “sign up” button. There are certain forms that need to be completed before investments can be initiated. However, the entire process should be done within 10-15 minutes.
For any further details, customers can get in touch with company representatives via email. Alternatively, there is also a live chat feature that can be enabled to gain access to company representatives 24/7.