PRESENTATION OF THE BITBANKCOIN_LOANEX Staking PROGRAM
PRESENTATION OF THE BITBANKCOIN_LOANEX Staking PROGRAM
BitBankCoin is the future of decentralized finance. It is the best ecosystem adapted to all socio-professional categories. Its mission is to solve the blockchain trilemma equation: Scalability _Security _decentralization.
BRIEF OVERVIEW OF THE BITBANKCOIN_LOANEX ECOSYSTEM
BitBankCoin ($BBC) is a revolutionary cryptocurrency, redefining financial market possibilities by offering bank loans without any requirements. The Loanex ecosystem is positioned as an innovative solution, allowing investors to access traditional loans using their BitBankCoin cryptocurrency as collateral on the Loanex platform.
The concept is based on using Loanex’s native cryptocurrency, BitBankCoin, as a powerful asset, providing a reliable and transparent alternative for investors looking to maximize their returns while minimizing risks.
BitBankCoin, at the heart of this initiative, promises to play a central role in transforming the financial landscape, providing a pragmatic path to providing loans to stakeholders, i.e. investors who choose to stake their coins BitBankCoins on the Loanex platform.
As Loanex and BitBankCoin establish themselves as key entities in the cryptocurrency market, this initiative ingeniously merges blockchain technology with traditional financial mechanisms, opening new avenues for those looking to fully benefit from the growth exponential growth of the sector while minimizing the uncertainties linked to volatility. The financial future is bright with BitBankCoin and Loanex at the forefront of cryptofinancial evolution.
Any person of good moral character, regardless of nationality who has legally accumulated BitBankCoin tokens whose sole purpose is to free themselves financially is eligible to participate in the staking program. The BitBankCoin cryptocurrency cannot be used to finance terrorist activities and its corollaries.
Eligibility criteria and terms of staking BitBankCoin tokens without bank loans
Any investor who has fulfilled the conditions announced above can participate in the BitBankCoin coin staking program. The minimum number of coins to stake is set at $5000BBC. The deadlines and interest rates are as follows:
|Three (3) months
|Six (6) months
|Nine (9) months
|Twelve (12) months
Once the duration is chosen, the investor can no longer unlock their BitBankCoin tokens before the staking period has expired.
Eligibility criteria for obtaining bank loans
Any investor who has fulfilled the conditions listed in the eligibility criteria is a potential candidate for the staking program with bank loans. To have their loan request accepted, the investor must have Bitbankcoin tokens having a value greater than or equal to 10 times the amount they wish to borrow when participating in the program.
The investor must familiarize himself with the provisions in force regarding cryptography in his country.
MODALITY OF OBTAINING THE LOAN
- Prerequisite for the loan: Any candidate applying for loans must a priori stake their BitBankCoin coins at the level of the loan to be contracted. Once staking is done, the investor can no longer unstake the tokens before the expiration of the chosen period.
- Loan request: The loan request must be for a minimum amount of $50, with no maximum limit.
- Staking duration: The minimum staking period is set at 1 year, with a maximum duration of 5 years.
- Loan request amounts: Any stakeholder is authorized to request a loan equivalent to 1/10th of the value of their staked tokens.
- Interest granted: An annual interest rate of 2% will be applied at the end of the staking period.
- Additional benefits: Any investor who takes out a loan of more than $500 participates free of charge in the promotion of their goods and services on the Loanex marketplace.
It also benefits certain premium services of the platform for the duration of the staking.
- Application processing time: The loan application is processed in less than 24 hours from Monday to Friday from 8 a.m. to 5 p.m. GMT
WAIVER OF OWNERSHIP IN CASE OF NON-COMPLIANCE WITH COMMITMENTS
Any stakeholder who fails to respect their relative commitments in exchange for a loan voluntarily renounces ownership of their tokens. In other words, any stakeholder who decides at the end of the staking period not to return the borrowed money renounces their BitBankCoin coins. These tokens become the exclusive property of Loanex.
TRANSACTION GATEWAYS FOR LOANS
Several means of transactions are available to satisfy the investor whatever the country in which he lives.
Traditional banks taken into account:
- BNP Parisbas,
- Hana Financial Group,
- Societe Generale,
- Standard Bank
- National Bank of Abu Dhabi
Modern online footbridges
- Master card
- Perfect Money
- Mobile Money (for Africa)
- Moov Money Africa (for Africa)
- Orange Money (for Africa)
- Airtel (for Africa)
The investor who wishes to take out a loan is free to choose the gateway that suits him best.
PAYMENT OF THE CONTRACTED LOAN AND RENEWAL OF THE SIGNING
Renewal of staking is at the discretion of the investor. However, this should not constitute an escape route for not repaying the loan taken out. In any case, the investor must repay the loan taken out no later than one month before the staking deadline expires.
Any stakeholder who does not respect this deadline loses the right of ownership to their BitBankcoin tokens.
The Loanex ecosystem is the innovative solution for any rational investor who wants to make a fortune in the crypto world. With its BitBankCoin currency and its policy of bank loans from traditional and modern financial institutions on the one hand and the numerous other measures on the other hand, which will make this currency a truly utilitarian crypto, Loanex anticipates and puts an end to any suicidal decline of its native currency.
Besides, the BitBankCoin team wishes good luck to the entire Loanex community and we’ll see you on the moon!