Worldwide crypto lending platform
Discover The Power Of Your Digital Assets
We are working hard to build a blockchain solution to help you reach your financial goals. Launching in 2023
Deposit your crypto to earn interest
The Borrowland Platform
Borrowland is a transparent marketplace that connects bitcoin holders wishing to take out a loan to secure capital from credible lenders. We offer an affordable crypto interest rate for lenders and borrowers, with easy access to collateral, and a proof-of-reserve system. For lenders, Borrowland is an easy way to earn passive income on crypto in a low-risk model.
why us
Highly Secured Marketplace
At Borrowland, safety is our top priority. This is why we only partner with the best. For the know-your-customer (KYC) process, we are proud to partner with Persona (withpersona.com), a leader in the KYC identity verification process.
We are a proud user of BitGo’s Enterprise Solution, which abides by the Cryptocurrency Security Standard Level 3. The CCSS Level 3 requires multiple actors for all-critical actions.
Finally, our marketplace uses Trezor Technology to secure borrowers’ collateral.
As a community platform, Borrowland will be responsible for people’s documents collected through the know-your-customer (KYC) process.
See how much you can borrow
Total Loan Amount
USDC
Stablecoin minimum: $100, USD minimum: $1,000
Collateral
BTC
Interest Rate 12.00% 9.00%
50% LTVPaid in Borrowland
Loan Term 12 months
Total Loan Amount
$100
Monthly Interest
$1.00
Total Interest
$12.00
Coming soon!
Interest payments are made on a monthly basis, principal amount returned at the end of the loan term. Interest rates vary depending on your choice of LTV (Loan to Value). Minimum loan term is 6 months. If you repay your loan prior to the lapse of 6 months, you will be charged with the interest payable for the first full 6 months. Borrowland’ Terms of Use apply.
Join the Loyalty Program
Please stay tuned for more information on our loyalty program as we roll out our launch in 2023!
Refer a Friend
For every friend who joins and tops up at least $100 in assets, we’ll reward both of you with $25 in BTC — with no cap on the number of people you can refer.
more information about borrowland
FAQ
In simple terms, blockchain is a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system.
A blockchain is essentially a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems on the blockchain. Each block in the chain contains a number of transactions, and every time a new transaction occurs on the blockchain, a record of that transaction is added to every participant’s ledger. The decentralized database managed by multiple participants is known as Distributed Ledger Technology (DLT).
Bitcoin is a form of digital currency that aims to eliminate the need for central authorities such as banks or governments. Instead, Bitcoin uses blockchain technology to support peer-to-peer transactions between users on a decentralized network.
Transactions are authenticated through Bitcoin’s proof-of-work consensus mechanism, which rewards cryptocurrency miners for validating transactions.
Launched in 2009 by a mysterious developer known as Satoshi Nakamoto, Bitcoin (BTC) was the first, and remains the most valuable, entrant in the emerging class of assets known as cryptocurrencies.
Borrowers will send their bitcoin to the platform as collateral, and they can choose to get a loan of up to 70% of their collateral. They also have to choose how long they want to borrow money for, which means they choose their loan by the amount that exists in the one, three or twelve month pools. If the price of their collateral drops near to the amount of money they have borrowed, the platform will sell their collateral and pay that amount back to the lenders.
People will first deposit their USD into the platform in terms of a one, three or twelve month period, or pools. They choose how long they want to lend their coins to borrowers. Lenders who choose a longer term will earn more money in comparison to those who choose shorter terms. The platform will decide the rates based on the market average and on an equation that takes into account the number of lenders versus borrowers. Moreover, if the situation of the market later changes, it will adjust the rates to fit the current situation to keep the balance in each pool. The borrower can then choose to borrow from those pools. If there is no liquidity (money) in a pool, the platform will let the borrower try at a later time.
