Categories: AltсoinsICOICO ScamMining

PowerLoan, Bitraddo Coin: Cryptocurrency Platforms That Claim To Make Money For You

The immense popularity of cryptocurrency has lead to increase in the number of new companies appearing in the market by the fourth quarter of 2017. Rather, experts opine that at present, almost every company or organization big or small in every niche is eager to introduce cryptocurrency in its working one way or the other.

In the last few months, the loan niche in this market has shown overwhelming growth as these companies offer more money to the client using their investment. One such company, Powerloan, offers loans to its client using blockchain technology. It uses one of the most popular algorithms (SHA256) for creating an online funding system. The technology used by Powerloan makes it possible for its clients to use the funding system online from any country or institution across the globe.

Powerloan’s Token Earning Process

The clients use this system and offer microloans to Powerloan. In return, they receive tokens which can also be earned via trading, referrals and mining. Prior to making it available for loan, the company tested the system with a small group of people. With the rise in the incidences of cybercrime, many may have a doubts in regards to making the microloans.

However, it seems the company is quite confident of its security measures as it has taken all the necessary steps to avoid hackers or tackle any type of cyber threat that Powerloan may face online. Importantly, the company is ready to pay bounties to those users who could find loopholes in their security system which indicates that Powerloan is indeed secure and safe.

Is There Any Guarantee Of Good Returns?

That is the first question you must ask when it comes to any ICO-based investment company, because you must be 100% sure whether the company you are investing with has the right techniques and technology to offer you profit on your investment. According to Powerloan, it will invest 35% of its money in smart home technology and renewable energy. It will also invest 35% funds in blockchain technology and tokenization of green energy.

Making Money With Bittrado Coin

This online cryptocurrency firm makes money for its clients through cryptocurrency staking, mining and trading schemes. It is a type of gambling ecosystem where you gamble and trade albeit by paying low fees. The company says that it offers an extremely safe staking blockchain platform through which investors can earn rewards.

Although a lot of information is available on Bittrado’s website, it is all related to gambling and mostly encourages the users to invest in their lending scheme which pays the users 45% returns every month (that comes to 0.31% every day). There is no proof that that Bittrado offers a safe investment scheme.

Jeffrey McGovern

Jeff is a cryptocurrency supporter and shares great admiration for both blockchain tech and Bitcoin. Originally from Charlotte, NC, Jeff graduated from North Carolina State University, but now resides in South Florida. With a background in English Literature, he never believed his 10 years of writing experience would be used towards creating and editing important crypto/blockchain related news.

Share
Published by
Jeffrey McGovern
Tags: Bitraddo CoincryptocurrencyPowerLoan

Recent Posts

  • Altсoins
  • Bitcoin
  • Exchange
  • News

Top Running Cryptocurrencies January 4th, 2019

One of the top performing cryptocurrencies of the day is REPO. REPO (REPO) is currently up 72.75% compared to USD…

6 years ago
  • Blockchain
  • Business
  • News

Gaming Giant Atari Plans to Bring Its Popular Games on Blockchain Platform

As the world is moving towards Blockchain, gaming giant Atari too wants to dip its toe into the emerging technology.…

6 years ago
  • Altсoins
  • Blockchain
  • Business
  • Exchange

Overstock’s tZERO Working on a Crypto Token to Trade Cobalt

Private equity firm GSR Capital has hired tZERO, an Overstock.com subsidiary, to develop digital token for trading cobalt. Overstock said…

6 years ago
  • Blockchain
  • News
  • Regulation

UAE Banks’ Advisory Council Consider Blockchain Adoption

On Monday, December 17th, Gulf News reported that the advisory council of the United Arab Emirates Banks Federation (UBF) can adopt blockchain use…

6 years ago
  • Ban
  • Business
  • Controversy
  • News
  • Regulation

French Financial Regulator Blacklists Four Crypto Websites

France's financial regulatory watchdog - Financial Market Regulator (AMF) is working aggressively to bring down unauthorized crypto companies. The AMF…

6 years ago
  • Altсoins
  • News

Digix Stablecoin (DGX) Comes With the Backing of Gold

There's a flood of new stablecoins hitting the cryptocurrency space in the last few months. A stablecoin is basically a…

6 years ago