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 OKB 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.
OKB is an ERC-20 token that runs on the Ethereum blockchain. It acts as a utility token that offers a variety of perks for users of the OKX exchange. Depending on the number of OKB tokens held, OKX traders receive discounts, gain access to token offerings, and earn interest on their savings.
An OKB loan is the loan borrowed against OKB($OKB) cryptocurrency as collateral. Here’s how it works: you bring some cryptocurrency OKB to a lending service, leave it there temporarily as collateral, and get an amount of a certain cryptocurrency in return. On CoinRabbit OKB lending, we lend stablecoins such as Tether USDT, USD Coin and BUSD.
Learn more about crypto.
OKB is the cryptocurrency token issued by OKEx, a prominent cryptocurrency exchange platform. As of now, $OKB serves various functions within the OKEx ecosystem.
Firstly, it acts as a utility token, providing users with access to certain benefits and services on the OKEx platform. These benefits include discounted trading fees, enhanced liquidity, and priority access to new products and features introduced by OKEx.
Additionally, $OKB can be used for staking, allowing users to earn rewards by locking up their tokens. Staking $OKB can provide opportunities for users to receive a share of the platform's revenue, participate in token sales, and access exclusive trading privileges.
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.