Review on Bonorum by LUIS RIVERO R
Cryptocurrency banking services, still under development.
Cryptocurrency-backed instant business loan platform, meaning you have access to instant cash funds. But this project is not limited to only financing methods since it offers 10% per year for those who want to offer their funds as loans.
This project is a cryptocurrency bank where you will have several options for financing, receiving passive interest. The money is settled directly into your bank account after verification of your identity using SWIFT or within the exchange network in Europe.
It is currently under development, most of the features have not been launched yet, and there are other more popular projects that have been offering this type of service for a long time, so it is necessary to wait for their official release to know what the real features will be Bonorum.
Pros
- Taking into account the amount available in the market, it has good market liquidity.
- Company audit processes are carried out by external auditors to verify liquidity.
- The funds are held in the recognized BITGO wallet, this generates peace of mind due to their experience.
- They have more than 20 currencies established for withdrawals in this service.
Cons
- According to the CMC classification, you are not eligible for a normal classification.
- At this time there are other projects with similar characteristics.
- These types of projects could be used for money laundering.
- Currently, this loan service is in development, according to its data in its roadmap, it does not yet have a launch date for its platform.
