Performance Reporting is Here

We’re excited to announce the addition of performance reporting – an evolution of the investments page.  This enables investors to easily view the results of investments at anytime.  Additionally, investors can see the performance of their AutoInvest portfolio versus individually selected loans.

Investors can see how their accounts are performing through the following components: Net Annualized Return (NAR)

  • Net Annualized Return (NAR)
  • Account Value
  • Interest received with a payments summary
  • Portfolio Risk Score

View Portfolio          Blog button 2


The first set of information you will notice is net annualized return (NAR) which is a measurement of the performance of your total investment on BTCjam. It reflects the payments actually received each month.

The returns are calculated by simply projecting all the current loans as fully repaid and all late loans as defaulted. The annualization assumes that all your capital will be reinvested in similar loans.

NAR can be expressed as this formula, for any period from month 1 to month N, where “i” is the recurring monthly period:

For note trading, the amount you pay for a note is added as principal invested. All the payments you get from a note are fully added to your returns.

You can see the chart with the breakdown by listing grade you invested in (from A to D) and also how your AutoInvest plans are performing against the average NAR of other investor’s AutoInvest plans.

NAR is calculated dynamically taking into account all information available at the time. This only reflects your return starting with funds invested on or after April 1st, 2014, as this is when BTCjam started using this calculation.


Account Value

Account Value offers a great way to see your total account value and it’s segmented by what is available cash in bitcoin (converted to your display currency), accrued Interest, in funding investments, and outstanding principal.


Interest received is segmented by score group where the allocation percentage to the left is based on the total amount received.

Interest Received Investor Page

Your payments summary shows the total amount you have received in payments. It is a sum of payments to date, principal received, interest received, and late fees received.


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Portfolio risk is based upon the number of investments you have made along with the consistency of amounts in each loan. The risk range is expressed as Low, Moderate, or High. The lower the risk is, the higher the probability of the portfolio achieving the expected NAR¹.

To reduce risk, diversify your portfolio by investing the exact amount on each loan you want to participate in². The best way to do that is through an AutoInvest plan: set the parameters and let our system automatically invest in hundreds of loans for you.

With this recent development and many more exciting things in our pipeline, we welcome you to try this new feature for your own account. If you’re not a current member, create an account. Enrollment process is simple and you can earn up 18% returns on your bitcoin³.

View Portfolio          Blog button 2

¹ Information in this chart is for information only.  It is impersonal and not individualized for any specific investor’s financial situation and it is not investment advice.  This chart is not intended to be, nor should you interpret it to be, a prediction of how a particular portfolio will actually perform.  You should always carefully consider investments and should be comfortable with your understanding of the investment.  You may also consider consulting investment professionals.  

² This information is not intended to be investment advice. Loans invested in via BTCjam are not guaranteed or insured, and investors may lose some or all of the principal invested. You should consult your financial advisor if you have any questions or need additional information. Actual results may vary.

³ Historical performance is not a guarantee of future results. Loans invested in via BTCjam are not guaranteed or insured, and investors may lose some or all of the principal invested.

Volabit y BTCJam permiten inversión en micropréstamos con bitcoin en México

Volabit y BTCJam permiten inversión en micropréstamos bitcoin2

( – Las startups Bitcoin BTCJam y Volabit, brasileña y mexicana respectivamente, se alían para permitir que usuarios mexicanos puedan invertir con bitcoin a través de una plataforma de micropréstamos para la financiación de proyectos internacionales.  Read More…

BTCjam partners with Volabit to bring bitcoin loans to Mexico


Hola Jammers! We’ve got great news this morning… BTCjam is partnering with the leading Mexican Bitcoin exchange Volabit to bring our users from Mexico a superior Bitcoin experience.  Volabit users can now transfer funds and activate automatic payments all from!  Lending bitcoin and gaining returns has never been easier, and Volabit users can now transfer their bitcoins to BTCjam without ever leaving the site. Together Volabit and BTCjam make borrowing and investing bitcoin in Mexico simple!

  • You can withdraw bitcoin seamlessly from Volabit without leaving BTCjam
  • Your automatic payments can withdraw from your Volabit wallet to make a payment

BTCjam and Volabit have partnered to make borrowing bitcoin in Mexico easier than ever.

BTCjam CEO Celso Pitta said, “I’m thrilled about our Volabit partnership.  Volabit integration will make BTCjam much easier to use for our customers in Mexico.”  Hannah Kim, Co-Founder of Volabit agrees, saying “BTCjam is one of the most exciting companies in Bitcoin and we’re delighted for how our new partnership makes bitcoin borrowing and lending easier for our customers.”

“Volabit integration will make BTCjam much easier to use for our customers in Mexico.” – BTCjam CEO, Celso Pitta

Get detailed instructions on how to connect your Volabit Wallet to BTCjam on the BTCjam Blog!  Once you have connected your Volabit wallet, you can easily transfer bitcoin to BTCjam and make automatic payments on your loan.  It’s just that easy.

Attention Bitcoin Wallet providers, we are looking to integrate additional wallets! Please contact us at if you would like to partner with BTCjam.

About BTCjam BTCjam is the global leader in peer-to-peer lending using Bitcoin, and the first to offer a proprietary credit score to its users.  BTCjam’s disruptive credit model is changing the way borrowers and investors connect, providing a new path to financial freedom for users from more than 200 countries around the world. BTCjam promotes lending without borders, where people can borrow and lend bitcoins, without having to worry about banks and other intermediaries. Transactions are instantaneous, hassle free, and supported by an engaged, trusting global community.

About Volabit Volabit is the fastest and safest way to buy and sell Bitcoin in Mexico.  Founded in 2014, Volabit has more than 4,000 users and they have converted more than 24,000,000 pesos into Bitcoin. Volabit received venture funding from the Bitcoin Opportunity Corp and has been described as the “Coinbase of Mexico”. Check out Volabit at

How to Link your Volabit Wallet to BTCjam

At BTCjam, we are very excited about our new partnership with Mexican bitcoin exchange, Volabit.  Here are some simple instructions on how to link your BTCjam account to your Volabit wallet:

Log in to the BTCjam website at

1. Navigate to the arrow by your user name, in the upper right hand corner, click Settings

2. Click Credit Rating
222 Settings   BTCJam   BTCJam
3. Click Wallets & Exchanges
4. Click Volabit


5. Click Authorize to allow BTCjam to use your account.
That’s it!  Your Volabit account is now linked with your BTCjam account.


To add funds from your connected Volabit wallet
1. Click on the arrow at the top center of the page near your Bitcoin balance.


2. then click Add Funds
3. From the Add Funds popup window, simply click the
“Add funds from Volabit” button at the bottom of the window:


4. Simply enter how much you would like to transfer from Volabit, enter your 2FA code (if you have 2FA enabled) and click “Transfer from Volabit” to transfer your funds.
And you’re all set! Thank you for reading BTCjam’s tutorial on how to link your Volabit Wallet to BTCjam.  Remember you can now use your linked wallet for transferring funds or even making automatic payments on your BTCjam loan.  Thanks to Volabit for partnering with BTCjam.
If you need a bitcoin loan, borrow on BTCjam!  If you want to invest, invest on BTCjam!

BTCjam improves Loan Listing Process

Bienvenido Jammers!

We’ve got great news today from the BTCjam Anti-Fraud Department.  We have enhanced our loan review process to focus on providing higher quality loans and keeping our loan marketplace streamlined.  To accomplish this, all loans are now being reviewed by an Anti-Fraud Specialist before they are posted on  Don’t worry, this loan review will be integrated in a way so that the loan process remains efficient.

Our goal at BTCjam is to provide investors with the best loans and borrowers with the best possible chance to have their loan funded at a competitive rate and these changes will help us continue doing that.

Until Next Time… Keep on Jamming!

If you need a bitcoin loan, borrow on BTCJam!  If you want high returns, invest on BTCJam!

BTCJam Introduces Risk Based Pricing (Interest Rates Set Automatically by Credit Score)


BTCJam is changing the way interest rates are set in order to improve the experience for both borrowers and investors. Starting today, BTCJam will set the borrower’s interest rate automatically based upon their credit score. The higher the borrower’s credit score, the lower their interest rate.

Automatically calculating the interest rate based upon credit scoring is known as risk-based pricing and is a well known and time proven methodology within the financial services industry. Interest rates are set by a combination of the borrower’s credit rating (using BTCJam’s proprietary credit rating system) and the duration of the loan. Borrowers who are less likely to default will receive lower interest rates.  Since BTCJam has all of the information about the borrowers, we are in a better position to determine the likelihood of the borrower paying back the loan and will adjust the interest rate accordingly. Risk-based pricing makes investing easier because when a lender invests in an A-rated loan, they know that the borrower will be paying an A-level interest rate.


Interest rates are set by a combination of the borrower’s credit rating and the duration of the loan. Borrowers who are less likely to default will receive lower interest rates.

When borrowers are allowed to set their own interest rates, it is far too tempting for them to set a low interest rate and see if investors will accept lower returns.  While a borrower who receives a very low interest rate usually pays back their loan, it does not provide the investor any cushion against possible defaults.  With risk-based pricing, the interest rates for all loans will be standardized, ensuring that investors are able to offset possible losses from defaults.

We are confident that this change will improve BTCJam and allow us to continue to maintain the highest repayment rates in peer-to-peer lending (as high as 98% for A-rated borrowers), as well as increase overall returns to investors.

Check out the changes and start investing with BTCJam.  Get a loan with a reasonable rate with BTCJam.

Risk Based Pricing (automatic interest rates) Q&A

Q: What will happen to loans that were created before the change to Risk Based Pricing?

A: Loans created prior to the adoption of Risk Based Pricing (automatic interest rates) will continue until they have either been funded or have expired. BTCJam will identify the old loans and will separate them so they will be only be accessible using filters.

Q: The system sets a rate that is too high for me and I won’t be able to repay it. What should I do?

A: If the interest rate on your loan is too high you should verify more documents and add more information to your profile. By verifying more information, you will increase your credit score and receive a lower interest rate.

Q: Do I still have the option of doing a loan tied to a local currency?

A: Yes you will still be able to choose between a Bitcoin loan and a loan tied to local currencies. Learn more about currency types.

Q: Why did BTCJam choose to change the way that interest rates are determined?

A: BTCJam changed to risk-based pricing for a number of reasons. One reason being investor and borrower security. By setting the interest rates automatically it simplifies the risk assessment for both borrowers and lenders. Learn more about risk-based pricing.

Q: Will there be a set standard for interest rates based upon credit rating? For example, will all C rated borrowers have loans set at a standard 5.5% interest regardless of profile completeness?

A: Yes, every credit score grade will now come with a set interest rate that is the same for all borrowers that have the same credit score. However, rates will change also according to the loan term. That means, a C loan for 30 days will have lower rates than a 1 year loan for a C rated  borrower.

Q: Can I pay more than the recommended interest rate?

A: No. The interest rates are now automatically linked to your credit rating.  This change protects our investors from loans that are “too good to be true” and that the borrower never intends to repay.  We took into consideration both borrowers and investors when making this change.

BTCJam Announces New Loan Categories


Howdy Jammers!

Things are changing here at BTCJam.  We’ve got brand new loan categories!  In addition to existing categories like Debt Consolidation, Home Improvement, Business, and Vacation, we’ve added new categories like Moving and Relocation, Credit Card Refinancing, Major Purchase, Green Loan, Trading, Mining and Other.  We’ve also eliminated and combined some of the old categories.  Let’s break down the changes.

What’s New?

movingMoving and Relocation – Moving to a new city to start a new job (like I just did)?  Get a loan on BTCJam to help cover the expenses.  Rent a truck, pay your security deposit, hire a crew to help you carry all those heavy boxes or even move a grand piano.  All with a loan from BTCJam.

creditrefiCredit Card Refinancing – Paying excessive interest on your Credit Cards?  Pay them off today and get a lower rate with a BTCJam loan from our new Credit Card Refinancing category.

majorpurchMajor Purchase –  Do you need to buy something bigger than a car?  Maybe a down payment on a house, or even your own private island?  Get a loan from BTCJam’s new Major Purchase category and make your dreams come true.

greenGreen Loan – Adding solar panels to your home?  Saving money and the environment at the same time?  Get a loan from BTCJam’s new Green Loan category.  No more tilting at windmills, from now on you’ll be buying them.  Thanks to BTCJam.

tradingTrading – Trading Bitcoins on Local Bitcoins can be quite lucrative.  Borrow some Bitcoins on BTCJam’s new Trading category and sell them on Local Bitcoins.  Use the proceeds to pay off your loan.  Easy as pie.

miningMining – We’ve also added a new mining category for all your bitcoin mining needs.  Whether you’re into mining Bitcoin, Cloud mining or even Gold mining, place your loan in this category and your hash rate will be rising soon.

otherOther – Want a loan that doesn’t fit into these categories?  Choose the Other category.  Doesn’t matter what you need a loan for, it fits well into Other.

What’s gone?

We removed the Motorcycle loans category.  A motorcycle loan isn’t that different than a car loan.  Expect motorcycle, scooter, car, truck and even jeep loans to all be under the Auto Loan category in the future.  We’ve also changed the name of the Car Financing category to Auto and we’d like to remind you that you can do more than just borrow a down payment, you can also refinance or pay off your existing car loan.  Simpler. Easier.  More streamlined.  Just like the brand new car you could get with a BTCJam loan.

We’ve also changed the name of the Medical/Dental category to simply Medical Expenses.  It’s just more general and of course we expect Dental loans and all other Medical Loans to be funded in this exciting new category.

Finally, we removed the category for Taxes.  You can still borrow money on BTCJam to pay your taxes, you’ll just have to use the new Other category.

What remains?

debtcon     homeimp    biz    vacation

Don’t worry.  Many of our old familiar categories are still available for you.  Categories like Debt Consolidation, Home Improvement, Business, and of course Vacation.

To go along with the new categories, we’ve also got new icons courtesy of our graphic design team here at BTCJam.  We’re always looking for ways to improve.  Got an idea on how we can improve?  Send it to us at!

Until Next Time… Keep on Jamming!

If you need money, borrow bitcoins on BTCJam!  If you want high returns, invest on BTCJam!

BTCJam Launches a New Feature: Refinancing Loans!

Howdy Jammers!

We’re really excited to tell you about a new feature developed by our hard working Jam Engineers.  Without any further ado, we’d like to announce that BTCJam users will now be able to Refinance their loans — right here on BTCJam!

Having trouble paying back a loan?  Refinance your loan on BTCJam today!

Q: What is refinancing?

A: Refinancing is a way for borrowers to restructure their current debt under different terms.

Q: How does BTCJam’s refinancing work?  

A: If the borrower chooses to refinance a loan, the new loan amount will be set to guarantee the repayment of this loan.  A refinance loan is a special type of loan that cannot be activated by the borrower.  The funds raised for this loan are sent directly to the investors of the previous loan.

Q: Can I refinance my loan?

A: Yes, any borrower with an outstanding loan can attempt to refinance their loan.

Q: What do you mean attempt?

A: The refinancing process is much like the process for funding your original loan.  Investors will decide whether or not to fund your refinancing based upon the completeness of your profile, the diligence you show in describing your loan, how you intend to pay it back, the reasons for your refinancing, and of course, our proprietary credit score.

Q:  What happens if my refinancing attempt is successful?

A:  If your refinancing loan reaches a point when the sum of investments is enough to repay the original loan, your loan will automatically activate and the investors of your previous loan will be repaid.

Q: What happens if my refinancing attempt is unsuccessful?

A: You can attempt to refinance again, perhaps with more favorable rates for investors, but if the investors choose not to fund you two times in a row, perhaps it’s time to continue paying off the original loan.

Thanks for reading about our new feature, Refinancing Loans on BTCJam.  We hope you like it.  If you have any questions or suggestions for a new feature or anything about BTCJam, we’d love to hear from you at

Until Next Time….    Keep on Jamming!

Having trouble paying back your debt?  Refinance your loan today with BTCJam!

BTCJam launches “Hide Invested” feature

Howdy Jammers!

We’ve got a brand new feature for you this morning, suggested by one of our own!  Less than two months ago, 58 days to be precise, BTCjam user Craig wrote “When looking for loans to invest in, it would be helpful to have a filter to find ones that I have not already invested in.”  And now, we are proud to announce the latest feature of BTCjam produced by our hardworking Jam Engineers:

To Hide Loans that you’ve already invested, simply select “Hide Invested”

from the Filters list on the left hand side of the Loan Listing page.

We’re always striving to bring our users on new features to improve your BTCjam experience.  If you have a new feature you’d like to suggest, please send it to us at with the subject line “Dev Suggestions” and maybe our next blog post will be about you!

Until Next Time….

Keep on Jamming!