September 22, 2024

Those interested in financing arrange a loan with the provider ACEMA Credit Czech and guarantee it with their Bitcoin. The provider then offers the loan for investment on the BONDSTER platform. Investors get a share of the borrower’s principal and interest payments. The cryptocurrency is held on the so-called smart contract for the entire period of the loan. If the loan is properly repaid, the Bitcoin is automatically returned to the borrower. In the event of non-payment of the loan or lack of collateral due to a significant drop in the price of Bitcoin, the cryptocurrency is forfeited to the provider.

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