Biterest is a peer‐to‐peer technology for borrowing and lending money secured with BITCOIN, a new high-quality liquid asset. We help bitcoiners to get money without selling BTC while helping investors to make higher returns. Our aim is to match bitcoiners with investors efficiently. Instead of selling BTC, earn a substantial return because BTC rate appreciation is higher than interest rate on a loan.
Hold the long-term profitable investment in Bitcoins and make a great return in the future
Instead of selling Bitcoins, get money for your current needs, secured with BTC as collateral
Apply for a loan on your own terms. Set up an amount, a period, an annual interest rate and payment options
Receive money from a lender within hours of placing a loan application on Biterest
Your BTC collateral is stored using a Multisig-address. No-one can get access to it without your agreement
BTC rate appreciation in 1 year is 8 times higher than the average annual interest rate for a loan
Create an account. It only requires your e-mail address.
Choose the loan terms: enter the required amount of money and currency, a loan period, an annual interest rate you are ready to pay, and ways you want to receive money from a lender.
Create Public and Private keys to get access to the collateral or upload your existing Public key. Keep your Private key until the end of the current loan period.
Transfer the necessary amount of BTC to the transit address. After that your loan application will appear on Biterest. Until a lender accepts your application, you will be able to refuse your loan application and retrieve your BTC.
Your loan application is accepted by a lender. Biterest creates a MultiSig-address using your Public key, your lender's Public key and own one. Your collateral BTC will be stored using that MultiSig-address by the end of the loan.
You have to repay the loan and interest until the end of the loan period. After that you will receive the necessary keys to get access to your BTC collateral which is stored on Mulrisig-address.