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from $100
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Currencies
Borrow Against Amp
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.
Loan Term
The loan term depends only on your wish to buy your collateral back and close this loan or on reaching the liquidation limit.
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 Amp
We make it easy to get and manage your crypto loan.
Set up your loan using Amp cryptocurrency as a collateral option, then confirm it with your email address and your payout stablecoin address where you’d like to receive your funds.
Send us the collateral and we will send you the loan amount on any crypto wallet 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.
Amp Community trusts us
What is an AMP coin?
$AMP crypto refers to the digital asset associated with the Amp network, which is designed to provide instant and reliable collateralization for various financial transactions. As the native token of the Amp network, $AMP serves as a collateralization mechanism, allowing users to secure transactions by locking their tokens in smart contracts.
What is an AMP Loan?
An AMP loan is the loan borrowed against AMP cryptocurrency as collateral. Here’s how it works: you bring some cryptocurrency AMP to a lending service, leave it there temporarily as collateral, and get an amount of a certain cryptocurrency in return. On CoinRabbit AMP lending, we lend stablecoins such as Tether USDT, USD Coin and BUSD.
Learn more about Amp loans
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What you should know
$AMP crypto is primarily used for collateralization within the Amp network. As a collateral token, $AMP provides instant and reliable collateral for transactions conducted on decentralized platforms. By locking $AMP tokens in smart contracts, users can secure their transactions and mitigate counterparty risk. This collateralization mechanism enables seamless and trustworthy value transfer across different blockchain networks.
- Collateralization: One of the main benefits of $AMP crypto is its ability to provide instant and reliable collateralization for transactions. By locking $AMP tokens in smart contracts, users can secure their transactions and mitigate counterparty risk, ensuring a trustworthy and efficient value transfer process.
- Instantaneous Transactions: $AMP allows for instant transactions on decentralized platforms by acting as collateral. This eliminates the need for traditional escrow services or lengthy settlement times, enabling quick and seamless value transfer across different blockchain networks.
- Decentralized Approach: The use of $AMP crypto promotes decentralization within the Amp network ecosystem.
- Flexible and Secure Collateralization: $AMP offers a flexible approach to collateralization, allowing users to use their tokens to secure various types of transactions.
- Staking Rewards: Holders of $AMP tokens have the opportunity to stake their tokens and participate in the network's consensus mechanism. By doing so, they contribute to the security and decentralization of the Amp network.
AMP lending is a service that issues loans with $AMP cryptocurrency collateral for a yearly interest. The interest can vary from 10% up to 18% and more. There is no KYC, no credit history and no credit checks — the only way you prove your credibility is the collateral you’re ready to provide. It will be temporarily stored in a lending service making sure you will repay your Amp loan.
Usually, getting an instant AMP loan takes no longer than 10 minutes. Since there are no credit checks and no KYC, it’s that fast. The longest part of getting a loan is waiting for the confirmation of your AMP transaction. The collateral will be refunded instantly whenever you come back to repay your loan. You can do it when you want: in a month, in a year, or in many years — our loan period is limitless. Enjoy your money as long as you need.
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VC0100
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.