Bitcoloan Review (2022 Update): Everything You Wanted To Know!

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Updated: May 11

By: Scam Risk - Expert Reviewer

BitcoLoan Review

BitcoLoan is a  website that operates as a mediator between two people interested in borrowing or lending bitcoin.

In other words, the platform’s rapid search feature provides a seamless operation.

Can you trust this bitcoin loan scheme, or should you stay away?

At the end of this review, I will attempt to answer questions related to, “Is BitcoLoan legit or a scam?”

So let’s begin!

This Bitcoloan Review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.

Table of Contents

Pros: What I Liked

  • You are not going to sell your cryptocurrency.
  • Membership is completely free.
  • Moonshot potential
The Good

Cons: What I Didn't Like

  • The founder is unknown.
  • There are no items or services available for purchase.
  • Tokens based on the ERC-20 protocol
The Bad

You probably discovered BitcoLoan for the same reason you might have come across any other financial newsletter, crypto trading service, or investment program:

Because you want more money in less time.

And chances are, you want to quickly multiply the money you do have (as opposed to waiting months or even years to see a decent ROI).

This is a really exciting promise, and it’s probably why the financial publishing and training industry is worth billions of dollars.

The problem is, because the idea of doubling, tripling, or 10X-ing your money in a few minutes to a few days is so enticing, there are a ton of shady characters in this space.

But, putting that aside, let’s say every investing guru and “trading expert” on the internet had the best of intentions.

Even with proprietary algorithms, a room full of supercomputers, and a team of rocket scientists, most of these experts would be lucky to get it right 20% of the time.

Now sure, we’re talking about asymmetric bets here, so theoretically the winners should more than make up for the losers.

But in order to make that happen, you can NEVER miss a trade. With a 20% success rate (speaking optimistically), one missed winner could turn a profitable month into a loser.

That’s a lot of pressure and a lot of stress (not to mention a lot of losing) with not much certainty.

But what if there was a way you could build a passive income stream that’s actually passive?

An income stream that doesn’t require:

  • Constantly monitoring your phone for buy/sell alerts
  • Obsessively watching charts and movement
  • The emotional roller coaster and angst of hoping one winner can cover the last 8 losses
  • Gambler’s odds (20% chance of success is worse than the odds of winning at Blackjack)

An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)?

An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day monitoring charts, trades, and alerts?


If that sounds like something you’d be interested in, check out Digital Real Estate. 

However, if you’d still like to know more about BitcoLoan, keep reading.

What Is BitcoLoan?

BitcoLoan is a platform that connects individuals who is interested in lending money to others and people who wish to BORROW money in cryptocurrency from others.

BitcoLoan lets people borrow and lend money. Their computers will identify the right deal in seconds. Take out loans to cover security and other costs.

It is not a bank or other financial institution. Most significantly, that company helps consumers find what they need. It links those in need of money with lenders.

BitcoLoan offers instant crypto loan with daily interest rates as low as 1.5%.

If you borrow $10 on the platform, you must repay $13.60 in 30 days, $18.10 in 60 days, and $23.50 in 90 days.

Be clear. You might payback in 30 days… or up to 90 days owing to daily interest compounding.

How Does BitcoLoan Work?

How Does BitcoLoan Work

Since this BitcoLoan Review it will show you virtually everything about the platform, here’s what goes on:

Get A Loan

How To Get A Personal Loan

I believe this is the platform’s main task. No paperwork loans are available. They say you can get a loan in minutes.

Make Money (By Lending)

How To Lend Money

You won’t pay back precisely what you borrowed from the bank. Instead, you will pay more based on the bank’s interest rate and the time it took to pay to pack the money. It is the same system that BitcoLoan does.

BitcoLoan Affiliate

BitcoinLoan Affiliate

You may also earn by recommending people to the service.

“So how much do I get paid to recommend BitcoLoan members?

When you refer friends to as lenders, you will benefit from every friend’s and your friend’s invitee’s loan!

What Is BitcoLoan Compensation Plan?

What Is BitcoLoan Compensation Plan

BitcoLoan affiliates contribute $10 or more for a daily return.

The company’s website doesn’t disclose specifics, but one of its marketing videos does:

  • get 0.6 % everyday for 30 days, max 118 %
  • daily 0.75 % ROI for 60 days, max 145 %
  • daily 0.9 % ROI for 90 days, max 181 %

BitcoLoan affiliates may increase their daily ROI by hiring new affiliates (max 3 % ).

BitcoLoan provides referral rewards on invested cash down three levels of recruitment (unilevel)

  • 8% on level 1 (personally recruited affiliates)
  • 4% on level 2
  • 2% on level 3

What Are BitcoLoan Payment Methods?

What Is BitcoLoan Payment Methods

The BitcoLoan platform’s payment mechanism is mostly in cryptocurrencies. However, it is normally shown in the account as USD. The following is a list of cryptocurrencies accepted by the forum for payment.

  • Bitcoin (BTC)
  • Bitcoin Cash (BCH)
  • Ethereum (ETH)
  • a dash (DASH)
  • Litecoin (LTC)
  • The Dogecoin cryptocurrency (DOGE)
  • Tethering (USDT)
  • Monero (XMR)

What Are BitcoLoan Benefits?

What Are BitcoLoan Benefits

Why should you join the platform?

  • You do not have to sell your cryptocurrencies. Save the value in your account.
  • Long-Term Loans: Useful for many things. Get a one-to-three-month loan.
  • No KYC: No evidence of identification or credit history is required.
  • Quick Loans: Their algorithms allow you to get a loan in less than ten minutes.
  • APR: Banks and crypto lenders provide the lowest APRs, beginning at 1.5 percent daily.
  • No Approval: Instant loans eliminate the need to wait for loan approval.

What Are The Products from BitcoLoan?

BitcoLoan offers no retailable items or services, and affiliates may only market BitcoLoan affiliate membership.

What Are BitcoLoan Reviewers Testimonials?

What Are BitcoLoan Reviewers Testimonials

They found a classic crypto Ponzi scam guaranteeing daily profits up to 3%.

Older videos on BitcoLoan’s official YouTube channel were marked private. These videos certainly have Eastern European accents.

The company’s website is still up but reviewers noting BitcoLoan’s official Facebook page has also been wiped.

BitcoLoan is said to be managed by Russian/Ukrainian con artists.

The majority of BitcoLoan victims are from the United States (18%), Russia (17%), and India (6%). (17 percent ). This is a nasty hoax, according to most Google reviewers.

How To Get A Loan On BitcoLoan?

How To Get A Loan On BitcoLoan

How to receive the platform loan:

  • Create an Account: Create a free account in a few clicks.
  • Pledge: Deposit the requested loan amount in Bitcoin.
  • Apply for a Loan: Fill out the loan application and wait for the invested funds.
  • Withdraw money to your Tether USD wallet.

Is BitcoLoan Legit? Well, we are yet to find out, but we will at the end of the BitcoLoan Review.

How Do I Apply For A Business Loan On BitcoLoan?

How Do I Apply For A Business Loan On BitcoLoan

The processes required to get a loan via the platform are as follows:

  • Create an Account: You can create a free account in just a few clicks.
  • Make a Promise: Deposit the desired loan amount into your pledge account in Bitcoin.
  • Request For a Business Loan: Fill out the loan application and then wait for the cash to be put into your bank account.
  • Withdrawal of funds: Funds should be sent to your Tether USD wallet.

How To Deposit On BitcoLoan?

How To Deposit On BitcoLoan

To deposit, go to your Dashboard’s “Deposit” section. There will be a separate window where you may establish your own loan terms; the algorithm will identify a suitable personalized loan for you.

  • Enter the investment amount.
  • Set the loan term
  • Click or touch “Find Borrower” to choose it.

The system will locate a borrower and initiate the loan.

The minimum loan amount is less than $10, from 10 to 90-day periods, and your profit percentage depends on your account rating and loan length.

You may make as many loans as you like. It will appear in your account balance and the Dashboard Transactions section.

After the loan period ends, the deposit will be returned to your account. This money cannot be withdrawn until the loan term expires. However, your daily earnings may be withdrawn at any moment.

A company loan’s conditions vary. The loan period is 90-360 days, with a $100 minimum commitment. Profit margins may vary based on loan conditions. The menu contains details on certain Business loans.

A business loan is a group loan, including all lenders who contribute to the loan amount. Invest in such a loan until the whole amount is raised.

You’ll see the profits from your Business loan in the Transactions area of your Dashboard. The whole investment amount is returned to your account when the loan period finishes.

To invest in a Business loan, choose the loan you want to invest in, then input your investment amount. Then click “Make a deposit.” Daily-earnings are credited to your account every 24 hours.

You may have noticed an extra profit percentage in the loan conditions. Your account rating determines this percent.  You get a 0.01 percent for every  0.1 rating score.

Is BitcoLoan A Scam?

Is BitcoLoan A Scam

Now for the $1,000,000 question: is BitcoLoan a scam?

No, technically not. You can definitely earn money with it, but it’s not quite as straightforward as would have you believe.


How did they get such a big audience so fast?

Second, the platform has no information about the founder.


Crypto loan, like bank loan, enable you to keep your assets while benefitting from their value without the danger of losing them.

First, cryptocurrency is an investment asset, and selling it means losing prospective gains, using it as collateral protects your assets while gaining from them.

Crypto lending also saves you time and money. You won’t need to submit paperwork or wait for clearance. The procedure is quick and paperless.

On BitcoLoan, lenders’ investments are always supported by borrower’s account. If the borrower defaults on their financial responsibilities, BitcoLoan reimburses the investor the loan amount.

Borrowers’ money is safeguarded by general company’s security measures and is not in danger if all financial obligations to the lender and business are met promptly.

They have decent ratings on Trustpilot. Thus they are real for now. So, I suppose I addressed your “Is BitcoLoan Legit” question.

Again, with any kind of financial product (especially trading), you’re taking on a lot of risk.

Sure, you could hit it big and retire in Italy, but chances are you need the stomach and financial cushion to weather tons of losses before you get there…and it may never happen.

Most of the big gains numbers these companies use in their marketing (“xyz grew by 4,112% in 3 months” or “this option made 324% in just 2 days”) are cherry-picked.

They don’t tell you about the 10 100% losers that came before.

In other words, if you invested $100 into 11 recommendations, you’d lose $1,000, and make back $324…so you’d still be out almost $700.

Most people don’t have the fortitude to stick it out through 3 straight months of losers in the hopes of landing one big winner.

What if, instead, you took those same 3 months, invested just a couple hours a day (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month?

And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?

And what if you could double it next week?

Well, that’s the power of Digital Real Estate

It’s a true lifestyle business.

Your laptop and an internet connection is all you need.

Some of the most successful students in this program run their entire 6-figure businesses from:

  • A camper in the middle of the woods
  • A beach chair on the water in Mexico
  • A small villa in Greece


They’re able to travel around, living their lives first, and focusing on their income second.

Because even if they stop working for an extended period of time, the money keeps coming in.

So adventure, memories, and experience are the top priority.

And they never have to worry about how to pay for the next trip, or consider asking for time off.

If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.

Are There Alternatives To BitcoLoan?

Yes, there are plenty of other business models to choose from if you want to pursue this making money online.  Here are just a few:

What Is My Top Recommendation For Making Money In 2022?

Digital Real Estate9

Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.

While there may be no “perfect business”, the research IS conclusive:

Digital Real Estate is the #1 online business model for those just starting out.

Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Real Estate is for you.


1. It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Real Estate business.

And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.

Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.

This is only possible if you have an income stream that’s not tied to your time.


2. You Own & Control EVERYTHING: With anything in the financial markets, you own and control NOTHING. You have no say in price fluctuations, demand, or what the market will do.
Trying to beat the market is fighting against the tide. There’s just too much working against you, no matter how many supercomputers or rocket scientists are on your side.
With Digital Real Estate, you own the assets, which means you have all the power and all the control.


3. Little To No Startup Costs: It’s possible to get into Digital Real Estate with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.


Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.


1. Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).

Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.

Because you have more knowledge, more experience, more results, and more momentum. 

If you wanted to double your income with any kind of trading or investing, you’d have to double your initial capital OR double the average order size of your existing trades. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.


2. Make Money Helping Real People: This part is what makes it all worth it. In the financial markets, you might be helping your family, but the impact never goes beyond you and maybe a few others.

But with Digital Real Estate, you’re actually helping people by solving your clients’ biggest problem:

Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses.

You make money by helping them make money.

Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.

Once you see how Digital Real Estate makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.


Now, the choice is yours. You could continue browsing, looking at opportunities like BitcoLoan which could one day make you money.

You could continue researching, never making a decision.

OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Real Estate.

A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.

All while genuinely helping real people who are grateful and happy to pay for it.

If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Real Estate.

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