Over 800 bitcoin loans serviced in Brazil thanks to BTCJam

800Brazil

Brazil has outshone many other countries in the number of bitcoin loans occurring within its borders. Second only to the United States, more than 800 bitcoin loans have been given to Brazilians because of the much lower interest than those on loans offered locally. The average local interest rate can be close to triple digits and is not uncommon to go to 200 percent, while BTCJam offers loans between 5% and 20%.

Bitcoinist, Deutsche Banker Starts New Bitcoin Exchange in Brazil

4 thoughts on “Over 800 bitcoin loans serviced in Brazil thanks to BTCJam

Comments are closed.