Thanks for stopping by to read our Bitfinite Review!
There has been some buzz about this new Bitfinite lending platform so we decided to investigate what it was all about…
Some say it’s a scam while others Bitfinite reviews are saying legit so what is it?
The good news is we are going to walk you through the company, products and compensation plan so you can make the right decision.
Let’s dig into this Bitfinite review…
Bitfinite Review
You can now invest in Bitfinite Coin (BFC) which is a ‘lending’ platform. It is new in the cryptocurrency industry. The project is based on decentralized self-regulated Blockchain technology.
What you need to know about Bitfinite?
Bitfinite is a new ‘lending platform’ that is gaining huge popularity in the cryptocurrency world at present. It permits investors to purchase coins, to loan these coins out subsequently, and earn an interest daily on the calculated value of the loan (in $). A daily interest is paid out consistently over the invested amount. If you compare this to the current monetary system, it is quite shocking how much more interest a lending platform such as Bitfinite pays rather than a bank for example.
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Bitfinite Lending
The main question is how new investors can join the Bitfinite lending program. So to speak, the lending program is the Bitfinite’s ‘flagship.’
The Bitfinite Bitcoin Price Trading and Volatility Software create the interest for their lending platform. Their Trading Bot Measures the statistical dispersion of returns for Bitcoin trading index and intends to make sure investors are provided with a monthly ROI of about 45%. Each day, an interest % rate is calculated over the invested amount in $.
Bitfinite lending program offers a safe investment opportunity for those who want to gain profit with the platform. Initially, new investors can sign up for an account. After that, the only thing needed is to deposit Bitcoin.
Ethereum or other Cryptocurrencies will shortly be added to the Bitfinite platform. After successfully funding their account, investors can purchase BFC from the exchange which will open shortly. They can then loan out their coins with the BFC (Bitfinite Coin), at the current price of the coin in that moment.
As the lending lock period is reached, the investor can choose to terminate the loan, or continue to get interest until the end of the chosen lending period. The investor can opt to stop the loan at any point after the lending lock,.
The lending is an outstanding feature of this upcoming cryptocurrency industry, as this permits new investors with little to no knowledge of the industry to earn a big passive income by opting to lend out their coins.
The internal exchange will open on 29 January 2018 approximately which is a week after the lending has been opened. Investors can then purchase coins and lend their coins at a price that is probably going to be higher than when the lending originally started.
Investors will also be able to trade their coins soon, on middle level exchanges like YoBitnet.net, Livecoin.net and many more.
One has to acknowledge the fact that none can guarantee the listing of such a coin on an exchange. The exclusive strategy of Bitfinite is their approach. Moreover, this platform has a customer oriented approach as well as lucrative and attractive investment opportunities at each levels through diverse approaches.
Bitfinite Initial Sale
The ICO (Initial Coin Offering) was programmed to run for about 1month. It began on 18th December 2017 and because of the extreme demand, the coins (5 million) were sold out in a total of 4 hours approximately, divided over 5 ‘stages’. Bitfinite will soon begin the internal trading exchange where new investors can still obtain the BFC coin at a comparatively low price.
On Bitfinite Blockchain, the transactions are processed at high velocity and it makes sure of complete anonymity. The total supply is 21,000,000 BFC (BitFiniteCoin), out of which, 5,000,000 BFC has been sold to investors during the crowd sale. The price range is from $0.75 to $1.15. Their coins are sold out. But, this is not the total count. The remaining coins are going be mined by the community.
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What can you expect out of the BFC price?
Bitfinite investors can’t be certain about this. One can only create predictions by taking a look at how they have conducted themselves. So far, a $10-$15 per coin within a few weeks is very reasonable. The price can range from the low end to high end.
Bitfinite Targets
These targets were completed by the end of 2017:
- Registration starts
- ICO Crowd Sale starts (sold out)
- Ux/Ui/Security Upgrades
In Q1 of 2018, among other things, the following will happen.
Bitfinite lending platform will begin, their internal and external exchanges will start, and they’ll release their mobile wallet.
Uniqueness of Bitfinite
The question is clearly what distinguishes Bitfinite from other platforms that are similar to it. We did another review on a company like this, you can see it, here.
Bitfinite is going to introduce 2 new features apart from the lending and staking option, which will generate a constant demand for the coin and ensure stability.
- Lottery Crypto platform: Not much is known about this feature but it can be assumed that it’s going to be into the casino style. Bitfinite investors can multiply their earnings by playing the lottery.
- Crypto-marketplace: Bitfinite is a platform where one can purchase and sell almost anything with crypto currencies.
- The lending periods: The introduction of the ‘lending lock’ is completely new. One can now opt to close the loan after half of the lending period has been completed instead of having an investment stuck for a long time. This offers more security to the investment.
Winding Up
Everything is quite good in this project and deserves attention. Another feature is that there is a high possiblity to get profit on this platform. One should not miss the opportunity to invest in this project. The only thing new investors need to do is purchase Bitcoin, and utilize that to purchase Bitfinite coin. They can start their lending right away after that. You are encouraged to invest in these kinds of projects as they provide a passive income for people who know little to nothing about the Crypto industry.
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Aaron and Shara What Do You Suggest ?
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