Bonum is a modern, automated platform that provides loans secured by any available cryptocurrency, including tokens.
No. Since the platform only provides collateral loans.
To get a loan you will have to:
- Register on the platform.
- Transfer the deposit in the selected cryptocurrency or token to the specified wallet.
- Get a loan in the selected cryptocurrency or token.
The loan amount is calculated at the time of sending the loan at the current exchange rates from binance.com and the platform collateral rate.
Regardless of the amount and term of the loan, the interest rate on the loan is 0.04% per day. The interest rate on the loan is calculated continuously from the moment the loan is sent to the client.
No. At the moment the platform does not allow to extend the loan. But in the near future we will definitely add this feature.
The loan can be repaid at any time before the end of its term. The amount to be repaid will be calculated taking into account the accrued % for the actual time of using the loan.
In case of full repayment of the loan in due time, the client will be returned the full amount of the deposit on the specified by the client wallet.
If the amount received from the client exceeds the amount of the loan, the client will be returned the full amount of the deposit and the amount of overpayment to the specified by the client wallet. Loan overpayments of less than 2 USD are not refunded.
If the loan amount received from the client is not enough for the full repayment of the loan, the deposit (part of the deposit), equivalent to the amount of debt on the loan, will be sold by the platform, and the remaining amount of deposit (if any) will be returned to the client on the specified by the client wallet. The remaining deposit balance for the amount less than 2 USD by the platform is not refunded.
If the loan is not repaid before the due date, the deposit (part of the deposit) equivalent to the amount owed will be sold by the platform and the remaining deposit amount (if any) will be returned to the client’s wallet specified by the client. The remaining deposit balance for the amount less than 2 USD is not refunded by the platform.
No. Only ONE transaction is counted as loan repayment. In the near future we will definitely improve this functionality.
Yes, you can. The platform has no restrictions for one client to get several loans at a time. To do this, the client needs to make a separate application for each loan.