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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 Floki 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.
Floki is a cryptocurrency that was created on July 8, 2021. There are over 10 trillion tokens in circulation with a live market capitalization of $340 518 433 USD. Floki Inu was launched on the Ethereum blockchain and now it is also presented on the Binance Smart Chain (BSC), which makes it a multi-chain coin. Additionally, the online community connected with the FLOKI cryptocurrency and who regularly support it go by the name of "Floki Vikings."
A Floki loan is the loan borrowed against Floki cryptocurrency as collateral. Here’s how it works: you bring some cryptocurrency Floki to a lending service, leave it there temporarily as collateral, and get an amount of a certain cryptocurrency in return. On CoinRabbit FLOKI lending, we lend stablecoins such as Tether USDT, USD Coin and BUSD.
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Floki is a digital currency used for transactions that are fast, secure, and low cost. It can be used to purchase goods and services, make international payments, or as an investment asset. Floki has been designed to provide decentralized financial services, including affordable global payments, private trading, smart contracts and more.
According to the Floki crypto potential growth the cryptocurrency believers can use Floki loans for the long-term and short-term periods. The main straights of the FLOKI coin:
Floki lending is a service that issues loans with Floki cryptocurrency collateral for a yearly interest. The interest can vary from 12% up to 13,8% 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 Floki loan.
Usually, getting an instant FLOKI 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 Floki 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.
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.