Borrow against crypto for an unlimited term with no need to sell your crypto
The loan-to-value ratio is the related difference between the loan amount and the current market value of the collateral. The higher the LTV, the more loan funds you will receive, but at the same time the liquidation price will be higher.
The loan term depends only on your wish to buy your collateral back and close this loan or on reaching the liquidation limit.
Interest rate is accrued every month from the moment of getting the loan and is paid at the moment of full or partial repayment of the loan
The collateral currency liquidation rate defines at which market price your collateral will be automatically sold.
We make it easy to get and manage your crypto loan.
Calculate your crypto backed loan using different collateral and LTV options, then specify your payout address where you want to receive funds. Confirm it by phone or email.
Send us the collateral and we will send you the loan amount on your payout address without any delays and additional checks.
Use your loan as long as you want. We will just draw your attention on the rate of your collateral currency in time.
At any moment you can pay your collateral back. To do this, you need to pay the full price of Repayment, and when we get it, we return your collateral.
We don't want you to lose your crypto, so we monitor your loan every moment of every day.
If your loan reaches any of three limit zones, we will immediately notify you about it by email and sms.
Before or after you get your loan, our support team is always ready to help you and answer any of your questions.
24/7 live support is here up for you.
The average period of giving loans and releasing collaterals is 5-10 minutes, depending on how fast we receive your deposit
The current state of the network and the network fee size can influence the period of us receiving collaterals. Make sure to set an appropriate network fee so that the transaction is confirmed as fast as possible.
The annual percentage rate depends on the selected loan currencies and ranges from 12% to 16%. The interest is calculated monthly from the time the loan was taken and is included in the repayment amount.
The collateral’s currency rate doesn’t affect the amount of the loan buyback at the time of closing. You will receive the exact amount of collateral for the exact amount you loaned (+ accumulated APR)
We carefully keep it under control for the whole period of time. Although, if the rate of the collateral currency reaches the liquidation level, the collateral will be automatically liquidated and the loan will be closed. It is impossible to return the collateral after liquidation – that’s why we will notify you multiple times when the current rate approaches the liquidation price.
After your collateral deposit transaction is successfully confirmed, we process your funds through our partner ChangeNOW’s risk management system. After the check, we initiate the loan payout transaction to the wallet you’ve entered when creating the loan. After your funds have reached you, your loan becomes active for as long as you’d like. All the APR you’ll accumulate is to be paid at the moment of collateral release.
At the moment, we support more than 50 assets for collateral deposits including: BTC (Bitcoin), ETH (Ethereum), BCH (Bitcoin Cash), Nano (XNO), DOGE, DGB (Digibyte), XMR (Monero), FIRO, XPR (Ripple) and ETH based tokens such as ENJ, LINK, MKR etc. As for loan currencies, we offer Tether USDT (on different network), BUSD, and USDC. Moreover, we constantly expand our list of available assets.
All the funds are stored in special wallets, and private keys are put in a secure storage that can be accessed only by several IP addresses and through a VPN connection. Private keys for all the wallets are renewed every month. The risk control system checks all wallets’ balances every second.
You can get you collateral back anytime. In order to do that, you have to make your loan’s repayment. It consists of the amount loaned and the accumulated APR counted monthly during your loan’s period.
To the maximum extent permitted by applicable law, in no event shall the Company or its suppliers be liable for any special, incidental, indirect, or consequential damages whatsoever (including, but not limited to, damages for loss of profits, loss of data or other information), even if the Company or any supplier has been advised of the possibility of such damages and even if the remedy fails of its essential purpose.