Get Instant Space ID (ID) Loan
Borrow Against Space ID
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 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
How to lend Space ID
We make it simple to get and manage your Space ID Loan.
Set up your loan using Space ID 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.
Space ID Community trusts us
What is a Space ID coin?
- $ID is the governance token of SPACE ID. It is designed to play a critical role in the decision-making process of the project, allowing users to have a say in the direction and future of SPACE ID.
What is an ID Loan?
- An ID loan is the loan borrowed against ID cryptocurrency as collateral. Here’s how it works: you bring some Space ID cryptocurrency to a lending service, leave it there temporarily as collateral, and get an amount of a certain cryptocurrency in return. On CoinRabbit ID lending, we lend stablecoins such as Tether USDT, USD Coin and BUSD.
Learn more about Space ID Loans
FAQ
ID is the native token of the SPACE ID ecosystem, with the following functions: Staking: Stake ID tokens to receive discounts in the SPACE ID Domain Marketplace trading fees and Web3 domain registration discounts on SPACE ID. Payments: Used as a means of payment within the SPACE ID ecosystem and for Web3 Name SDK Integration. Governance: ID token holders can participate and vote on SPACE ID DAO proposals.
- Potential for High Returns: Space ID ($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.
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.
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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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.