BTCjam: P2P Bitcoin reviews

3.00
Based on 8 reviews, last reviewed 26th May 2022
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Latest highest rating: 5

This is the Internet business, the easiest and real money daily increasing Percentages of my money This is the Internet business, the easiest and real money daily increasing Percentages of my money Reviewed on: 13th May 2016

Latest lowest rating: 2

Stay Away if possible They claim they're the best at what they do but never ever close to that point. really terrible at everything, from their charges to their delivery, e... Read more Reviewed on: 26th May 2022
Sarka Olga's avatar
Sarka Olga

About the P2P Bitcoin

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BTCjam P2P Bitcoin reviews (8)

Stay Away if possible

2
They claim they're the best at what they do but never ever close to that point. really terrible at everything, from their charges to their delivery, everything is off mark. i could give zero ratings if possible. So grateful that i choose a new broker - Bitspin dot us - and truly, i've been able to invest and gain more from them. Its really a nice platform to earn. Reviewed on: 26th May 2022
Sarka Olga's avatar
Sarka Olga

No customer service - suspicious behavior

1
- Site would not let me update personal information when my situation changed - I could prove the change, but they rejected it. Their refusal to update my information resulted in me having a lower credit rating - which increases the interest rate I would have to pay. - Site credit rating algorithm results in inconsistent credit ratings, and inconsistent risk measurements. - Site blocks my actions when I am in the United States and asks me to re-submit my credentials to prove I am not American (I have been a verified non-American user for a few years). - Site actively obstructs efforts to collect funds from defaulted borrowers. - Site refuses to close my account and destroy my personal information - saying they "can not" close the account at this time. THIS IS EXTREMELY IRREGULAR AND SUSPICIOUS BEHAVIOR - WARNING - DO YOU WANT A BRAZILIAN WEBSITE TO HAVE COPIES OF ALL YOUR PERSONAL DOCUMENTS IN PERPETUITY??? Reviewed on: 29th May 2016
Mike Wismer's avatar
Mike Wismer

BTCjam has zero comms with borrowers and investors. A swish system but they don't really have the risk management to back up thier algorythym. Fixed interest rates and really restrictive communications policy.

3
Swish platform, but really I decided to leave when they cut off the entire US market, and had thier database used unlawfully by thier collections partner. Thier subsequent communications were not up the standard of a company that I would invest substantial funds into. Reviewed on: 18th May 2016

Poor customer service, limited geographic footprint tells me this one is on its way out.

2
I started out in the P2P lending scene with Jam ans was really impressed at first. Mid-stream though they stopped allowing US Users to join, take out loans or invest. I had over 100 investments at this stage and slowly started to watch all US users with existing loans start to run...BTCJam has done nothing to help mitigate these extreme losses as a result of their decision. I, as well many other users I am in contact with, will be lucky to break-even on our investments. Stay away from this lending site and research the other ones very carefully before investing. Reviewed on: 16th May 2016
Andrew's avatar
Andrew

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