Borrow Against Brise

Bitgert (BRISE) was launched in July 2021 as a crypto engineering project with blockchain products and auditing solutions. One of its most noteworthy advances came in 2022 when the BRC20 blockchain was introduced. This technology boasts near-zero gas fees, high speed cross-chain transactions, and over 100,000 TPS. The gas fee per transaction is a remarkable $0.0000000000001.

A Brise loan is the loan borrowed against Brise cryptocurrency as collateral. Here’s how it works: you bring some cryptocurrency Brise to a lending service, leave it there temporarily as collateral, and get an amount of a certain cryptocurrency in return. On CoinRabbit BRISE lending, we lend stablecoins such as Tether USDT, USD Coin and BUSD.

BRISE lending is a service that issues loans with BRISE cryptocurrency collateral for a yearly interest. The interest can vary from 12% up to 13,8% and more. There is 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 BRISE loan.

Usually, getting an instant BRISE loan takes no longer than 10 minutes. Since there are no credit checks, it’s that fast. The longest part of getting a loan is waiting for the confirmation of your Bone 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.