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 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.
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.
$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.
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 crypto.
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.
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 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 Space ID loan.
Usually, getting an instant ID 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 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.
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.