Description
thebitica.com is a website that helps users find crypto-backed loans from a network of participating lenders. The service allows individuals to use their cryptocurrency as collateral to obtain cash, bypassing traditional credit score requirements. The process involves signing up, customizing loan terms, depositing crypto assets as collateral, and receiving funding in stablecoins. The platform collects personal information such as name, social security number, and bank account details to facilitate loan requests, which may be shared with lenders and third-party marketers. Key features include no prepayment fees, flexible loan terms, and stable interest rates.