Ladies and gentlemen, we hereby introduce to you our soft loan service at Kwitoc Crypto Hub

Now you don't have to sell your crypto when you need money. You can use it as collateral and we will give you the cash equivalent in Naira.

Let's say for instance you have 20 USDT (We only work with stable coins) you will be able to access N14,800 (at the current rate of N740 per dolla)

You will send the USDT to us and we will fund you with cash.

Loan tenure is for 1month and you will be expected to repay back after 30 days, with a grace period of 3 days.

The benefit of this is you get to retain your crypto, especially when the value is increasing.

The minimum you can access for now is N20,000 while the maximum is N50,000

Interest rate is however between 3 -6%, which is quite fair

You can connect with us via http://kwitoc.com

The user will imply withdraw USDT instead of the "loan" unless the loan gives higher amount than the USDT. Also depends who is sending first? bank = likely traceable but, crypto? one can get anonymous and blocked or maybe both sides uses an escrow.

Stephenmoka4:
The user will imply withdraw USDT instead of the "loan" unless the loan gives higher amount than the USDT. Also depends who is sending first? bank = likely traceable but, crypto? one can get anonymous and blocked or maybe both sides uses an escrow.

We run a legitimate vendor business here, and we have been in business since 2015. We don't need any escrow for our business. And we are not loan sharks that give loans without collateral and later start bugging you. The essence of this system is to help our customers still retain their coins, even when they need money rather than selling it outrightly. So with the collateral, they know they must pay back otherwise they forfeit that. And of course, no one is losing at the end of the day.

So no one is giving you higher amount than the value of your USDT.

Thank you.

damiloladuke:


We run a legitimate vendor business here, and we have been in business since 2015. We don't need any escrow for our business. And we are not loan sharks that give loans without collateral and later start bugging you. The essence of this system is to help our customers still retain their coins, even when they need money rather than selling it outrightly. So with the collateral, they know they must pay back otherwise they forfeit that. And of course, no one is losing at the end of the day.

So no one is giving you higher amount than the value of your USDT.

Thank you.

It's still similar thing, if they don't pay back, it "somewhat" means they sold their USDT.

They are temporarily selling USDT and will buy it back (pay back) in the name of loan.

Stephenmoka4:
It's still similar thing, if they don't pay back, it "somewhat" means they sold their USDT.

They are temporarily selling USDT and will buy it back (pay back) in the name of loan.

Don't argue what you don't understand. We all understand how Naira has been on a down-hill movement. If the value keeps falling, the user gains on the long run. Thank you.