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RE: Presenting Bankera Loans - Easy & Accessible Crypto-Backed Lending

in #crypto5 years ago

I suggest everyone to stay away from any Bankera service. They performed an ICO and they will be shut down by the SEC because they didn't comply with KYC or AML rules. Of course, it is your crypto holdings, do whatever you prefer with it.

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Not that I doubt what you're saying, but could you add some sources to that statement. Upvoted your post to be on top of the comments.

Not a fair source but I participated on the pre-ICO of the BNK tokens in 2017 when it was supposed to be a traditional bank. At that time, I wasn't required to provide any documentation so they could comply with KYC rules -which I am not supporting, by the way-.

The ICO wasn't restricted -I mean disallowed- to US citizens although Lithuanian ones weren't able of browse the Bankera website; and BNK tokens are working as security tokens. SEC will act against them, sooner or later.

The only service I like to use is the exchange one on the SpectroCoin part of the business.

For people thinking about investing on BNK tokens, I recommend them to take a look at weekly pay out amounts, published on blog.bankera.com. Numbers are showing the business is not growing. Quite risky, but as I said, anyone should do with their own money whatever they wanted to do.

Upvoted your post to be on top of the comments

Thanks a lot.