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Get Instant Space ID (ID) Loan

Borrow against ID for an unlimited term with no need to sell your crypto

Safe

Top-tier security,Cold wallet storage

Easy

No credit check

Start

from $100

0+

Currencies

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Borrow Against Space ID

LTV
ltv-notice

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.

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Loan Term

Borrow Bitcoin and other cryptocurrencies

The loan term depends only on your wish to buy your collateral back and close this loan or on reaching the liquidation limit.

Unlimited

Monthly Interest

how to borrow cryptocurrency

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

27%% APR

How to Lend Space ID

We make it easy to get and manage your crypto loan.

1
Calculate your crypto loan

Set up your loan using Space ID 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.

2
Get crypto loan within minutes

Send us the collateral and we will send you the loan amount on any crypto wallet without any delays and additional checks.

3
Start spending

Use your loan as long as you want. We will just draw your attention on the rate of your collateral currency in time.

4
Get back your Space ID

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.

What is a Space ID coin?

$ID is the governance token of SPACE ID. It is designed to play a critical role in the decision-making process of the project, allowing users to have a say in the direction and future of SPACE ID.

What is an ID Loan?

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

Learn more about Space ID loans

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What you should know

What is Space ID used for?IconPlus

ID is the native token of the SPACE ID ecosystem, with the following functions: Staking: Stake ID tokens to receive discounts in the SPACE ID Domain Marketplace trading fees and Web3 domain registration discounts on SPACE ID. Payments: Used as a means of payment within the SPACE ID ecosystem and for Web3 Name SDK Integration. Governance: ID token holders can participate and vote on SPACE ID DAO proposals.

Why should you consider a ID loan?IconPlus

  • Potential for High Returns: Space ID ($ID) crypto loan offers the opportunity to secure your assets while potentially capitalizing on its increasing value for long-term returns.
  • Flexible Terms: Customize loan amount, repayment period, and interest rates according to your specific financial needs.
  • Competitive Interest Rates: Enjoy lower interest rates compared to traditional lenders, making it more affordable to access funds.
  • Minimal Documentation, Quick Approval: Streamlined process with minimal documentation required and faster approval time.
  • Diverse Use Cases: $ID loans are versatile and can be used for various purposes such as funding new ventures, covering expenses, or investing in other cryptocurrencies without selling your assets.

How does Space ID loan work?IconPlus

Space ID lending is a service that issues loans with Space ID cryptocurrency 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. It will be temporarily stored in a lending service making sure you will repay your Space ID loan.

How quickly can I get a crypto loan? How quickly will you refund me the collateral?IconPlus

Usually, getting an instant ID 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 Space ID 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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