Get instant VELO loan
Get a VELO loan in 10 minutes! Borrow against your VELO with no credit checks and no fixed loan term. Receive up to 90% of your collateral
Get instant VELO loan
Get a VELO loan in 10 minutes! Borrow against your VELO with no credit checks and no fixed loan term. Receive up to 90% of your collateral
Safe
Top-tier security,Cold wallet storage
Easy
No credit check
Start
from $100
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VELO Loan Calculator
LTV
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 margin call will be higher
Duration
Loan without a fixed term. Can be closed at any time.
Monthly Interest Rate
APR (Annual Percentage Rate) will be
Monthly Interest
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
How to lend VELO
We make it simple to get and manage your Velo Loan.
Set up your loan using VELO as a collateral, then confirm it with your phone number/email and provide the address where you’d like to receive the funds.
Send us the collateral, and we’ll transfer the loan amount to your payout address with no delays or additional checks.
Use your loan for as long as you need. We’ll keep you informed about the rate of your collateral currency over time.
You can repay your collateral anytime. Just pay the full repayment amount, and once we receive it, we’ll return your collateral.
VELO Community trusts us
What is a VELO Loan?
- With a VELO loan, you can borrow cryptocurrency by using your VELO as collateral. All you need to do is deposit your VELO, and get up to 90% of its value back in stablecoins or other accepted cryptocurrencies.
- The loan is processed in just 10 minutes with no credit checks or paperwork.
Why take a VELO loan?
- • Access funds without having to sell your VELO. You can obtain liquidity while retaining your tokens by using them as collateral.
- • Make purchases without selling your assets. Do you need money for a particular project? Instead of selling, get a VELO loan and pay it back whenever it's convenient for you.
- • Profit from market opportunities. Leverage your VELO loan to explore new investments or benefit from crypto movements.
- • Potential tax benefits. Using VELO for a loan might help reduce your tax burden, as borrowing against your tokens is generally not considered a taxable event.
Advantages of VELO loans on CoinRabbit
- • Fast and easy loan process.Your loan is funded within minutes after depositing your VELO tokens. Get your funds quickly with no complicated processes.
- • Choose from multiple stablecoins. Pick the stablecoin that fits your needs from our range of options, which continues to expand.
- • No lengthy verification. Obtain your loan without unnecessary checks, saving time and effort.
- • Flexible repayment. Repay your loan whenever it is convenient. Your funds, your rules.
Learn more about Velo Loans
FAQ
A VELO loan allows you to borrow cryptocurrency of your choice by using your VELO tokens as collateral. Simply deposit your VELO and receive funds instantly in the cryptocurrency you select. CoinRabbit supports VELO loans in multiple cryptocurrencies, including popular stablecoins such as USDT and USDC.
What happens if I take out a loan and the VELO price changes? Even if the price of VELO fluctuates, the conditions of your loan remain the same. CoinRabbit guarantees that the original loan agreement is upheld.
Once you repay the loan along with interest, you will receive the exact amount of VELO tokens you initially deposited.
How long does it take to get a VELO loan? VELO loans are typically approved and funded within 10 minutes. Simply deposit your VELO tokens to receive funds quickly — no credit checks or complicated paperwork are required.
When can I expect to receive my VELO back? Your VELO tokens are returned immediately after you repay the loan.
