{"id":894,"date":"2023-07-29T22:07:38","date_gmt":"2023-07-29T22:07:38","guid":{"rendered":"https:\/\/coinrabbit.io\/blog\/?p=894"},"modified":"2023-08-03T11:07:19","modified_gmt":"2023-08-03T11:07:19","slug":"how-to-get-an-instant-loan-with-monero","status":"publish","type":"post","link":"https:\/\/coinrabbit.io\/blog\/how-to-get-an-instant-loan-with-monero\/","title":{"rendered":"How To Get An Instant Monero Loan?"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div>\r\n<p>Sometimes it happens that we need some extra money, but selling our crypto stashes doesn\u2019t look like a good idea. In this article, you will learn how to take a stablecoin loan using your Monero as collateral. We offer instant Monero loans at 10% APR with no monthly payments and the unlimited loan term.\u00a0\u00a0\u00a0<\/p>\r\n\r\n\r\n<h2 class=\"wp-block-heading\" id=\"what-is-a-monero-loan\">What is a Monero loan?<\/h2>\r\n\r\n\r\n<p>An instant XMR loan means you deposit Monero as collateral and receive some stablecoins in return \u2014 Tether ERC20, Tether TRC20, or USDC. While we store your coins in a <a href=\"https:\/\/coinrabbit.io\/blog\/how-crypto-assets-are-secured\/\" target=\"_blank\" rel=\"noreferrer noopener\">protected vault<\/a>, use your new money for trading, investing, or buying something. Monitor your loan status (accrued interest, liquidation price): log in to CoinRabbit with your phone number.\u00a0<\/p>\r\n\r\n\r\n\r\n<p>When you are ready to return your collateral, repay the loan sum, accrued interest (there are no monthly payments \u2014 interest is only paid once at the end of the loan), and a transaction fee. Your cryptocurrency will get back to your wallet: the exact amount you deposited as collateral.<\/p>\r\n\r\n\r\n<h2 class=\"wp-block-heading\" id=\"why-take-a-monero-loan\">Why take a Monero loan?<\/h2>\r\n\r\n\r\n<p>An instant Monero loan with no verification gives you a number of opportunities inaccessible when you just sell your XMR:<\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>First and foremost, you will still profit from the potential Monero price growth in the future because your coins will remain your property.<\/li>\r\n<li>If you use your loan to trade or reinvest, this may be an even more profitable move compared to simply HODLing your Monero. However, remember about the risk and always do thorough research!<\/li>\r\n<li>CoinRabbit is a <a href=\"https:\/\/coinrabbit.io\/blog\/cefi-or-defi-make-the-right-choice\/\" target=\"_blank\" rel=\"noreferrer noopener\">CeFi platform<\/a> meaning that compared to DeFi loans, we share your risk of secure storage of your funds. When you get an instant Monero loan with no credit check on CoinRabbit, your coins will be under our responsibility and strict monitoring.\u00a0<\/li>\r\n<\/ul>\r\n\r\n\r\n<h2 class=\"wp-block-heading\" id=\"3-steps-to-get-a-monero-loan-instantly\">3 steps to get a Monero loan instantly<\/h2>\r\n\r\n\r\n<ol class=\"wp-block-list\">\r\n<li>In the <a href=\"https:\/\/coinrabbit.io\/loans\/\" target=\"_blank\" rel=\"noreferrer noopener\">calculator, <\/a>set Monero as the collateral currency and choose your loan currency. Specify the amount of XMR you want to deposit and the amount of stablecoins you want to get:<\/li>\r\n<\/ol>\r\n\r\n\r\n<div class=\"wp-block-image\">\r\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" width=\"468\" height=\"607\" class=\"wp-image-897\" src=\"https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/08\/Screenshot_36.png\" alt=\"set Monero as the collateral currency\" srcset=\"https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/08\/Screenshot_36.png 468w, https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/08\/Screenshot_36-231x300.png 231w\" sizes=\"(max-width: 468px) 100vw, 468px\" \/><\/figure>\r\n<\/div>\r\n\r\n\r\n<ol class=\"wp-block-list\" start=\"2\">\r\n<li>Set the payout address: the one where you want to receive the chosen stablecoin. Verify your phone number to log in (no other data will ever be collected). Check the details and click \u201cConfirm.\u201d<\/li>\r\n<\/ol>\r\n\r\n\r\n<div class=\"wp-block-image\">\r\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" width=\"622\" height=\"408\" class=\"wp-image-898\" src=\"https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/08\/Screenshot_37.png\" alt=\"Set the payout address\" srcset=\"https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/08\/Screenshot_37.png 622w, https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/08\/Screenshot_37-300x197.png 300w\" sizes=\"(max-width: 622px) 100vw, 622px\" \/><\/figure>\r\n<\/div>\r\n\r\n\r\n<ol class=\"wp-block-list\" start=\"3\">\r\n<li>Almost there! Now, it\u2019s only left to send collateral to the provided address. If you have a mobile wallet, scan the QR code, and the details will paste in a payment form automatically.<\/li>\r\n<\/ol>\r\n\r\n\r\n<div class=\"wp-block-image\">\r\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" width=\"610\" height=\"448\" class=\"wp-image-900\" src=\"https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/08\/Screenshot_38.png\" alt=\"Get your loan\" srcset=\"https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/08\/Screenshot_38.png 610w, https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/08\/Screenshot_38-300x220.png 300w\" sizes=\"(max-width: 610px) 100vw, 610px\" \/><\/figure>\r\n<\/div>\r\n\r\n\r\n<p>\u00a0After receiving your loan, feel free to log in to CoinRabbit at any time to check the loan details. If you take other loans on CoinRabbit, they will also be displayed there as separate loans.\u00a0<\/p>\r\n\r\n\r\n<h2 class=\"wp-block-heading\" id=\"what-other-cryptos-can-i-use-as-collateral\">What other cryptos can I use as collateral?<\/h2>\r\n\r\n\r\n<p>Besides an instant Monero loan, you can borrow stablecoins with the following coins as collateral:\u00a0 <a href=\"https:\/\/coinrabbit.io\/loans\/btc\" target=\"_blank\" rel=\"noreferrer noopener\">Bitcoin, Ethereum, Dogecoin, Bitcoin Cash, Ripple XRP, Nano<\/a>, and DigiByte. ERC-20 tokens such as UNI, COMP, MKR, and others are also available as collateral options:<\/p>\r\n\r\n\r\n<div class=\"wp-block-image\">\r\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" width=\"1024\" height=\"148\" class=\"wp-image-901\" src=\"https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/08\/Screenshot_39-1024x148.png\" alt=\"What other cryptos can I use as collateral\" srcset=\"https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/08\/Screenshot_39-1024x148.png 1024w, https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/08\/Screenshot_39-300x43.png 300w, https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/08\/Screenshot_39-768x111.png 768w, https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/08\/Screenshot_39.png 1181w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\r\n<\/div>\r\n\r\n\r\n<p>Stay tuned with our <a href=\"https:\/\/twitter.com\/CoinRabbitLoans\" target=\"_blank\" rel=\"noreferrer noopener\">Twitter<\/a> and don\u2019t miss when new collateral options are added! To learn more about how CoinRabbit works and how to get an instant Monero loan, check out the FAQ at the bottom of our <a href=\"https:\/\/coinrabbit.io\/loans\/\" target=\"_blank\" rel=\"noreferrer noopener\">main page<\/a>.\u00a0<\/p>\r\n\r\n\r\n<div class=\"wp-block-image\">\r\n<figure class=\"aligncenter is-resized\"><a href=\"https:\/\/coinrabbit.io\/loans\/\"><img decoding=\"async\" class=\"wp-image-336\" src=\"https:\/\/cdn.shortpixel.ai\/client\/q_lossless,ret_img,w_485,h_53\/https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/05\/%D0%B8%D0%B7%D0%BE%D0%B1%D1%80%D0%B0%D0%B6%D0%B5%D0%BD%D0%B8%D0%B5-3.png\" alt=\"Get loan\" width=\"521\" height=\"55\" \/><\/a><\/figure>\r\n<\/div>\r\n\r\n\r\n<p class=\"has-text-align-center\"><em>Not financial advice. Do your own research and take everything moderate.<\/em><\/p>\r\n\r\n\r\n\r\n<p class=\"has-text-align-center\"><em>Crypto backed loans have their own risks that should be taken respectively.<\/em><\/p>\r\n\r\n\r\n<h5 class=\"wp-block-heading\" id=\"%25c2%25a0\">\u00a0<\/h5>","protected":false},"excerpt":{"rendered":"<p>How to use your XMR to earn money without losing assets? In our new article, we will analyze how crypto loans with Monero collateral will help you increase the volume of your assets.<\/p>\n","protected":false},"author":13,"featured_media":910,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","_uag_custom_page_level_css":"","ub_ctt_via":"","_lmt_disableupdate":"","_lmt_disable":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[268],"tags":[48,145],"ppma_author":[656],"class_list":["post-894","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized-en","tag-crypto-loan","tag-monero","author-danm"],"aioseo_notices":[],"featured_image_src":"https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/08\/Screenshot_40.png","author_info":{"display_name":"Olga Davis","author_link":"https:\/\/coinrabbit.io\/blog\/author\/olga\/"},"modified_by":"Olga Davis","uagb_featured_image_src":{"full":["https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/08\/Screenshot_40.png",882,477,false],"thumbnail":["https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/08\/Screenshot_40-150x150.png",150,150,true],"medium":["https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/08\/Screenshot_40-300x162.png",300,162,true],"medium_large":["https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/08\/Screenshot_40-768x415.png",768,415,true],"large":["https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/08\/Screenshot_40.png",882,477,false],"1536x1536":["https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/08\/Screenshot_40.png",882,477,false],"2048x2048":["https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/08\/Screenshot_40.png",882,477,false],"wptouch-new-thumbnail":["https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/08\/Screenshot_40.png",144,78,false]},"uagb_author_info":{"display_name":"Olga Davis","author_link":"https:\/\/coinrabbit.io\/blog\/author\/olga\/"},"uagb_comment_info":0,"uagb_excerpt":"How to use your XMR to earn money without losing assets? In our new article, we will analyze how crypto loans with Monero collateral will help you increase the volume of your assets.","blog_post_layout_featured_media_urls":{"thumbnail":["https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/08\/Screenshot_40-150x150.png",150,150,true],"full":["https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/08\/Screenshot_40.png",882,477,false]},"categories_names":{"268":{"name":"General","link":"https:\/\/coinrabbit.io\/blog\/category\/uncategorized-en\/"}},"tags_names":{"48":{"name":"crypto loan","link":"https:\/\/coinrabbit.io\/blog\/tag\/crypto-loan\/"},"145":{"name":"monero","link":"https:\/\/coinrabbit.io\/blog\/tag\/monero\/"}},"comments_number":"0","authors":[{"term_id":656,"user_id":0,"is_guest":1,"slug":"danm","display_name":"Dan","avatar_url":{"url":"https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2026\/01\/123121.jpg","url2x":"https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2026\/01\/123121.jpg"},"author_category":"1","first_name":"","last_name":"","user_url":"https:\/\/www.facebook.com\/profile.php?id=61569836316807","job_title":"","description":"Hey there! I'm Dan.\r\n\r\nAfter years working in traditional finance, I made the leap into cryptocurrency. Now, I apply my investment experience to the world of digital assets. With a results-focused approach, I aim to provide clear insights and practical strategies to help you navigate the crypto space. For me, crypto is more than just a trend \u2013 it\u2019s the future of finance."}],"brizy_media":[],"_links":{"self":[{"href":"https:\/\/coinrabbit.io\/blog\/wp-json\/wp\/v2\/posts\/894","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinrabbit.io\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinrabbit.io\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinrabbit.io\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/coinrabbit.io\/blog\/wp-json\/wp\/v2\/comments?post=894"}],"version-history":[{"count":13,"href":"https:\/\/coinrabbit.io\/blog\/wp-json\/wp\/v2\/posts\/894\/revisions"}],"predecessor-version":[{"id":3604,"href":"https:\/\/coinrabbit.io\/blog\/wp-json\/wp\/v2\/posts\/894\/revisions\/3604"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinrabbit.io\/blog\/wp-json\/wp\/v2\/media\/910"}],"wp:attachment":[{"href":"https:\/\/coinrabbit.io\/blog\/wp-json\/wp\/v2\/media?parent=894"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinrabbit.io\/blog\/wp-json\/wp\/v2\/categories?post=894"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinrabbit.io\/blog\/wp-json\/wp\/v2\/tags?post=894"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/coinrabbit.io\/blog\/wp-json\/wp\/v2\/ppma_author?post=894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}