BTCCREDIT — Next-Gen Decentralized Banking Ecosystem

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Hi friends If you are interested in joining the BTCC project, you should read reviews that can help you get information that can help you see their vision and mission. Here’s the review:

What is Btccredit Token / Coin ?

The next gen crypto banking solution, a Blockchain based P2P lending solution.

Medium of Exchange

USDT as a medium of exchange and Bitcoins as collateral.

BTCC Tokens as a medium of exchange and BTCC Tokens as collateral.

By using USDT as a medium of exchange the System fees for borrower 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, borrower has to pay the interest as per the Loan contract.

Borrower can borrow upto 75% LTV of the collateral value by pledging BTCC Token.

Borrower can borrow upto 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,Penalty fees will be 2.5% which will be paid to the System by the borrower in case of late EMI Payment.

In case of USDT as medium of exchange,Penalty fees will be 5% which will be paid to the System 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 BTCC Tokens on successful handshake , to both the Lender and borrower,and to the borrower on successful payment of EMI by the borrower.

How it Works ?

USDT and BTCCredit Lending System

USDT — User can Lend USDT backed by LDT Tokens whose value is 1 LDT:1 USDT, by deploying a smart contract on Ethereum Blockchain, with Bitcoin (BTC) as collateral by the borrower.

BTCCredit — User can Lend BTCC Token, by deploying a smart contract on Ethereum Blockchain, with BTCC Token as collateral by the borrower.

Rewards

The System will Reward the Lender and the borrower with BTCC Token when a contract is deployed between them.

The Borrower will again be rewarded with BTCC on every successful EMI Payment.

15% Extra Loan Amount

In Alpha, Borrower gets 60% LTV of Collateral (BTC) deposited, But in Beta Borrower gets 75% LTV of Collateral (BTCC Token) deposited.

Token Distribution

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 Licences

Acquiring Crypto Wallet and Lending Licences

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

Staking plan launch for investor, who will be benefited with interest on BTCC / BTC hold as staking

ALT Coins Lending and Colateral

Now users can Lend Using Alt Coins and can use Alt Coins as collateral.

Q4 2019

Crowd-Funding Platform

Peer-to-Peer Crowd-Funding platform

You can join or participate in the Btc Credit sales crowd through the following links :

WEBSITE: http://btccredit.io/

WHITEPAPER: http://btccredit.io/pdf/btccredit_whitepaper.pdf

FACEBOOK: https://www.facebook.com/BTCCredit-1017662868433011/

TWITTER: https://twitter.com/btc_credit

TELEGRAM: https://t.me/joinchat/IBS1OA3IOCA2gDuD2sexaQ

My Name : jonsen48

My Profile : https://bitcointalk.org/index.php?action=profile;u=2104689

My ETH : 0x35B4d9dDd0D2D61F9ACc8C371238A61aDdA8e718



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