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What is a Holo Loan?

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

Why should you consider Holo loans?

  • The cryptocurrency believers can use HOT coin as collateral in order to get the loan for different investment purposes. Here are some Holo crypto straight points that proof its potential:
  • — Holo runs on Holochain—a next-generation framework that is massively scalable, exponentially faster, far more energy efficient, and 10,000x cheaper than blockchain;
  • — Anyone can get paid in HoloFuel for hosting peer-to-peer applications;
  • — The community holds an educational training “Holochain & Rust Immersive Dev Training” for the full stack developers.

Learn more about Holo Loans

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FAQ

How does Holo lending work?IconPlus
Holo lending is a service that issues loans with Holo coin collateral for a yearly interest. The interest can vary from 10% up to 18% 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. The collateral is safely stored in a cold wallet making sure you will repay your Holo loan.
How to loan Holo?IconPlus
Borrowing against Holo at CoinRabbit requires only a few minutes of your time. First of all, navigate to the CoinRabbit website. Choose the amount of Holo crypto you would like to use as collateral and loan currency (USDT/USDC/BUSD) in the calculator section. Confirm your stablecoin wallet address and a phone number. Finally, send your Holo collateral amount to receive the chosen stablecoin loan. Wait for a few minutes for everything to be processed.
How are Holo loans secured at CoinRabbit? Is it safe?IconPlus
All loans and client money are well secured and safe at all times thanks to several security levels, internal and external security solutions, and self-developed technologies. In addition, the team's core members are aware of and accessible 24 hours a day, seven days a week in the event of an emergency.
How quickly can I get a crypto loan? How quickly will you refund me the collateral?IconPlus
Usually, getting an instant loan takes no longer than 15 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 Holo 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.
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