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
We make it simple to get and manage your Compound Loan.
Set up your loan using Compound 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.
Compound was developed to solve a number of issues that crypto holders encounter:
Compound lending is a service that issues loans with COMP cryptocurrency collateral for a yearly interest. The interest can vary from 17% up to 19% 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 Compound loan.
Usually, getting an instant COMP 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 Compound 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.