Blockchain Review: Concerned Colleralisation is not full for interest product | ICORating


Blockchain Android, iOS and Web Bitcoin Wallet

Concerned Colleralisation is not full for interest product

2 Pending
Very concerned about exceptionally vague comments concerning collateralisation of the interest product against loans, several emails from refused to give clarity. I requested a statement that %100 of loans are collaterilised, or 90%, but specific clarity wanted irregardless. The space has interest/lending companies going bankrupt (Cred went chapter 11 in Nov 2020) and I'm not convinced Blockchain is colleralising savings to the full level. I've significantly reduced BTC held.Buggy online app with poor navigation. Gave error message with withdrawing from interest btc ac back to btc wallet but transaction went through.
14 Nov 2020 by Trustpilot

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