2.3. Creating a loan application
To obtain a loan secured by Bitcoin, the Borrower must fill out the form on the Instant Loan page
and provide the following information:
- Loan amount in USD. Indicate the desired amount within the credit limit.
- Amount in the currency of issue. Choose the appropriate fiat currency or cryptocurrency for a loan. The field displays the loan amount in USD in terms of the currency of receipt of funds at the current Biterest exchange rate. To get a loan in cryptocurrency, Bitcoin, Etherium, Tether are available.
- The required amount of security. The field displays the amount of bitcoins, which is required as a security to receive the requested loan amount in USD.
- In the Get credit funds section, select the appropriate type of payment depending on the selected currency of the funds issue. You can choose from a transfer to a bank card (only to cards issued in Russia and Ukraine), Payment systems (QIWI, Yandex.Money, WebMoney), Cryptocurrencies (Bitcoin, Etherium, Tether). Indicate your details for receiving funds.
Upon applying for a loan on Bitcoin, it is also available to receive funds not only to the Bitcoin address, but deposit a loan to the Biterest account balance.
To send a request for a loan, click on the button Get a loan
. In the window that opens, verify the accuracy of the specified characteristics of your loan request and details and confirm the application for a loan.
You can monitor the progress of the application on the Transaction history
page. After the successful execution of the application, the funds will go to you at the specified details.
If within three hours the funds do not arrive at your details, please contact Biterest support on the Help page
If you were unable to send funds during the execution of your loan application due to inaccurate details, or if additional information is required from you to send funds, an appropriate warning will appear in the interface, which will also be displayed on the Transaction History page. If you receive a notification about a problem with sending funds, please contact Biterest support on the Help page