Quote from: traveler007 on July 24, 2019, 11:53:05 AM

Quote from: Bankera on July 23, 2019, 11:20:16 AM

Quote from: traveler007 on July 23, 2019, 10:41:36 AM

Quote from: Bankera on July 23, 2019, 07:42:14 AM

We are excited to announce that Bankera Loans, the third product within Bankeras ecosystem, is now live! Bankeras new product aims to provide crypto-backed loans to crypto holders globally starting from just 100 EUR. Feel free to sign up and explore our blockchain-era lending solution yourselves! https://loans.bankera.com/

Are you offering loans in uero only? So how is your token will be used? Why you dont have loans in your tokens and dont doing nothing for liquidity of your BNK token?

Hi,

All of our loans are currently denominated (accounted) in Euros. It means we issue a loan of X EUR and you are required to repay X EUR, plus the interest on the loan. However, each loan can be withdrawn in cryptocurrencies as well: BNK, USDT, BTC, ETH, XEM, and DASH.

The BNK tokens can be used to repay a loan, withdraw a loan, and to pay interest. Also, with BNK tokens you pay lower interest rates.

So I may take loan in Euro and than pay this loan i BNK by current rate? Is this correct? Are you going to charge some BNK tokens as fees from users?

Yes, you can withdraw the loan in euros and use BNK to repay the loan.

There are two types of payments that have to be made to service the loan:

1. Interest payments. Starting a month after you take a loan they are debited automatically every month from your Bankera Loans wallet on the same day when the loan was issued (or on the last day of the month if the month does not have enough days) at 00:00 UTC. Interest payments are debited from the assets you keep in your wallet on Bankera Loans. If you have enough assets in your BNK wallet, the interest payment will be charged from there, and a lower interest rate will be applied. If you do not have enough assets in your BNK wallet, the interest payment will be charged from your other wallets, granted you have enough assets there. If there are not enough assets in the mentioned wallets, the interest amount will be added to your loan.

2. Loan principal repayments. You can repay the loan by logging in to your account, going to your loan page and clicking the repay the loan section. You can repay it in EUR, BNK, USDT, BTC, ETH, XEM, and DASH. There is no minimum repayment or a loan schedule. Ensure that the loan is repaid before the loan maturity date, otherwise, we will extend the loan for a year, but at a higher interest rate.

Take a look at: https://loans.bankera.com/faq