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FAQ

What is LendingOwl?

LendingOwl is the first peer to peer DEFI loan network on Telegram.

What permissions does a bot need?

LendingOwl does not need any special permission to work on telegram. Just click Start on the bot interface to use.

How do you process transaction fees?

LendingOwl charges a standard $1.7 fee for crypto withdrawals and a 2% fee for fiat withdrawals on the bot.

What is Telegram?

Telegram is messaging app that focuses on user security and speed. In 2020, Telegram reported 700 million active users.

What permission does a bot need?

LendingOwl does not need any special permission to work on telegram. Just click Start on the bot interface to use.

Are there any hidden fees to access loans?

No, we are transparent about our fee structure, and you won't encounter hidden charges.

Is my collateral secure during the loan period?

Yes, we use smart-contracts to ensure nobody has access to your funds and have robust risk management measures to safeguard your collateral.

Other questions?

Please visit our Help Center. If it didn't help, please send us a message via Telegram: @LendingOwlSupportBot Or an email: info@lendingowl.io We'll reply as soon as we can.



Disclaimer
You are not allowed to access (or attempt to access) this service by any means other than through the means we provide or have indicated to be used, and you specifically agree not to access (or attempt to access) this service via any illegal or unlawful means or use this service to support any illegal or unlawful activities or purpose. By entering this website and signing up for this service, you acknowledge and agree that you are a person to whom this service may be lawfully provided in accordance with the laws of jurisdiction in which you are located

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Head Office: Fairman Harris, 1 Landor Road, London, England, SW9 9RX.

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