BTCjam is a Bitcoin lending network that connects borrowers and lenders from different parts of the world. It is their mission to provide an affordable BTC credit accessible everywhere. They currently have over 100,000 users in more than 200 countries. The lending marketplace was founded in the year 2012 and earned the trust of world class investors on the next year. They have received support from Ribbit Capital, Funders Club, 500 Startups, Pantera, Foundation Capital and Bitcoin Investment Trust up until this time of writing. They also partnered with Blockchain.info, Coinbase, Bitinvest, Coins.ph and more.

BTCjam is a peer-to-peer BTC lending network. If you want to borrow, you create a loan listing. Bitcoin lenders directly invest to your loan or selected automatically based on their automated plans. When your loan is funded, you will then receive the Bitcoins. Then, you will pay the lender periodically. As a borrower, you can specify repayment parameters, place the rate you are willing to pay, get P2P reputation and optionally use soft credit check. As an investor, you do not worry about verifying the borrower, as BTCjam will do the work for you. You are free to choose from loan listing you want to invest to base on your own criteria. You also get to have a P2P reputation. You can also divide your investment in smaller parts.

This tutorial will be focusing on how to invest with BTCjam to grow your Bitcoins. The following are the steps from getting started to doing your first investment.

How to get started as an investor at BTC jam?

◘ Got to BTCjam.com and create an account as an investor by clicking on INVEST menu.

◘ Next, click on SIGN UP button on the next page

◘ Sign up using your name, email, password and country of residence. Agree to the Terms and Conditions then hit SIGN UP button

◘ Then, confirm your email address by clicking on the link provided in the email

◘ The link will take you to your BTCjam dashboard

◘ Add funds to your account by clicking on ADD FUNDS button

◘ Use the bitcoin address provided to fund your BTCjam account. Once your account is funded, you can immediately start investing

◘ Also, your are going to set up your withrawal bitcoin address. Go to SETTINGS page, Bitcoin Addresses tab and enter your Withdraw address correspondingly then click SAVE. Confirm this update in your email address.

How to invest your Bitcoins to BTCjam?

◘ Click on INVEST button and you will be taken to a listing of loans

◘ You can use Filters to browse for your preferred loan listing

◘ Click on the listing of your choice to view details of the Bitcoin loan. Click on INVEST button to invest on the listing.

◘ Enter the amount you want to invest and click on INVEST button. Make sure to check on the amount left to be funded.

How to withdraw funds from BTCjam?

◘ Withdrawing your funds is easy, just click on the BTC balance drop-down box and choose Withdraw option as shown

◘ Enter the amount you want to withdraw and click on WITHDRAW BITCOINS button. Your bitcoins will then be deposited on your Payout address.

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