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.
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
We make it easy to get and manage your crypto loan.
Set up your loan using Bitcoin Cash as a collateral option, then confirm it with your phone number as the main contact channel 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 onyour 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.
Bitcoin cash is the most popular breakaway coin from Bitcoin, the pioneer of blockchain technology and all cryptocurrencies. Today several investors have focused their attention on bitcoin cash, also known as BCH, in the crypto markets. Bitcoin cash is a by-product of bitcoin; however, the BCH project can handle more transactions per second as opposed to Bitcoin. Also, the average transaction costs are relatively lower than that of bitcoin. As a result of BCH’s impressive traction, there has been a rise in demand for lending BCH.
BCH loans are on the rise, with the current bull run in the crypto entire crypto space. You can receive up to 467 USDT upon depositing 1 BCH as collateral at the time of this writing. At CoinRabbit, your loan is not affected by the price fluctuations of the coin you use as collateral; the agreement is honored as it is from the time of Bitcoin Cash lending.
Bitcoin Cash loan is a form of crypto loan issued out to crypto lenders who deposit BCH as their collateral. Crypto loans have been on the rise lately. Although many platforms still use Bitcoin and Ethereum as the only acceptable collateral, other platforms provide bitcoin cash lending with BCH as collateral.
Anyone who has been in the crypto space is aware of bitcoin. Bitcoin is the pioneer of cryptocurrencies, and its gradual increase in value has ignited the rise of several other cryptocurrencies. Bitcoin Cash is a cryptocurrency project that broke away directly from Bitcoin. The Bitcoin Cash team managed to make changes to the fundamental functionalities of Bitcoin to increase the number of possible transactions that can be handled in the blockchain while reducing transaction fees. Today, BCH is in the top five cryptocurrencies by market cap, and CoinRabbit is lending Bitcoin Cash to its users.
There are several reasons for lending Bitcoin Cash in the current market. This year, the crypto market has been experiencing a bull run, with several cryptocurrencies steadily increasing in value. Crypto loans, such as BCH loans, have been necessary. Below are some of the reasons for taking a Bitcoin Cash loan.
- BCH loans are offered to a globalized platform, with instant access to anyone with cryptocurrencies
- There is enough transparency in the process of lending BCH and borrowing BCH. The control is always in the hands of the lender and the borrower, unlike traditional lending platforms.
- Today, it’s more accessible to Bitcoin Cash loans fast on CoinRabbit; typically, the loan amounts are calculated instantly and disbursed in minutes after the request.
- Also, BCH lending on CoinRabbit ensures that you minimize risks as the borrower by offering flexible repayment plans. This allows borrowers to worry less about defaulting since repayment plans are flexible.
- No counterparty risks
The CoinRabbit platform offers several attractive incentives to its users. In comparison, CoinRabbit offers crypto lending services to a large group of crypto users, regardless of their credit history. At CoinRabbit, all you need to secure yourself a BCH loan is a certain amount of BCH, a USDT or USDC wallet address, and a phone number. How simple!
At CoinRabbit, you get a 14% APR on your loan, which is significantly low compared to other providers with 15%+ APR. Also, you get an unlimited loan repayment term which is highly flexible.
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Bitcoin Cash lending is a simple lending and borrowing strategy. Many platforms offer BCH lending by asking for loan collateral in the form of BCH. Although there are several cryptocurrencies in the market today, BCH is a relatively trustworthy crypto with enough traction.
Lending Bitcoin Cash and borrowing bitcoin cash is facilitated by secure and trusted digital financial institutions like CoinRabbit.
Bitcoin cash lending has been made extremely simple at CoinRabbit. Once access the CoinRabbit BCH loan platform, you enter the amount of BCH that you wish to use as collateral for your loan.
Once you determine the amount of BCH you want to use as collateral and press Confirm, you will be asked to provide your phone number and your stablecoin address. For instance, at CoinRabbit, you can receive loan amounts either in Tether USDT or USDC.
At CoinRabbit, the original loan agreement is honored as it was regardless of the market behavior. Whether the value of your collateral increases or decreases, CoinRabbit will honor the agreement with the same rates at the time of the Bitcoin Cash lending.
You may be wondering how to loan Bitcoin Cash fast at CoinRabbit. The process is simplified to facilitate efficiency for CoinRabbit users. Navigate to the CoinRabbit website; on the right side, choose BCH as your desired collateral in the loan calculator.
The loan calculator will determine the loan amount you’ll receive. For 1 BCH, at the current market price, you can get up to 470 USDT.
At CoinRabbit, loans are processed within minutes after application. Generally, BCH loans are processed within 5 to 10 mins. You can also track your loan as it is being processed since the whole process is transparent. Similarly, after you complete your loan repayment, your collateral is refunded instantly.
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.