Last Updated on February 18, 2025 by Olga
There are times when we all need extra funds—whether it’s for investing in fast-growing cryptocurrencies, making a big purchase, or other needs. While you could go the traditional route of borrowing from a bank, that often means dealing with a lot of paperwork, waiting, and uncertainty. A quicker option is taking an instant USDC loan, which lets you access funds without having to sell your cryptocurrency.
What is a USDC loan?
An instant USDC loan allows you to borrow some USD Coin against collateral in such cryptocurrencies as Bitcoin, Ethereum, Monero, and many others.
Here’s how it works: you deposit your crypto on a lending platform that securely stores it in cold wallets, and the service sends you the USDC loan instantly. The sum of the loan depends on the service’s loan-to-value ratio — in CoinRabbit, it’s 50%, so if you deposit Bitcoin worth $2000, you will get $1000 in USDC.
Why take a USDC loan?
If you get an instant USDC loan, you can still profit from your collateral’s price growth: when you come back to repay your loan, we return the exact amount of your collateral minus interest (yearly 10%). So if the bullish trend continues, you’re not losing the value of your coins. Moreover, if you reinvest USDC in other rapidly growing assets, you’ll earn even more!
CoinRabbit’s APR is 10%, so if you borrow for half a year, that will only cost you 5% of your collateral. There are no monthly payments — the whole interest will be charged at the end of the loan period, and you can repay your loan at any moment.
To take an instant USDC loan, no verification is required — we don’t ask you to register or go through KYC; CoinRabbit offers taking an instant USDC loan with no credit check.
3 steps to get a USDC loan
On CoinRabbit, you can get a USDC loan instantly — it will take you just a few minutes.
- Go to CoinRabbit, select your collateral currency, and set USDC as a loan currency. Enter the amount in any of the two fields — the other one will calculate automatically. Click “Get Loan”:
- Check the currencies and the amounts. Enter the address where you’d like to receive your USDC, and verify your phone number. This is the only piece of personal information we will ever ask you for: you will need it to access your loan details once you receive it.
- Send the collateral to the provided address:
This is it! To track your loan, simply click “My loans” at the top of the page:
Learn more about USDC borrowing and lending
If you already have USDC and want to start earning stable passive income, take the next step and secure a loan now—your opportunity is just a click away!
