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
We make it easy to get and manage your crypto loan.
Set up your loan using Flux 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.
Flux is a next generation scalable decentralized cloud infrastructure. It enables easy development, management and running of applications on multiple servers simultaneously. Ready for Web 3.0, Dapps and more. And FLUX is a native GPU-mineable POW (Proof of Work) coin, that provides an incentive for hardware hosters, DAO management on the network, and mitigation for attackers through staking requirements for live hardware.
A Flux loan is the loan borrowed against Flux cryptocurrency as collateral. Here’s how it works: you bring some cryptocurrency Flux to a lending service, leave it there temporarily as collateral, and get an amount of a certain cryptocurrency in return. On CoinRabbit FLUX lending, we lend stablecoins such as Tether USDT, USD Coin and BUSD.
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Flux is the cryptocurrency that powers the Flux ecosystem. It has a number of uses including purchasing resources, collateralizing nodes and fuelling transactions on FluxOS, as well as rewarding both miners and FluxNode operators for providing computational resources.
According to the Flux crypto potential growth the cryptocurrency believers can use Flux loans for the long-term and short-term periods. The main strengths of the Flux coin:
Flux lending is a service that issues loans with Flux 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 Flux loan.
Usually, getting an instant Flux 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 Flux 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.