Get Instant Pitbull (PIT) Loan
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Borrow Against Pitbull
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
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 Pitbull
We make it easy to get and manage your crypto loan.
Set up your loan using Pitbull 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.
Pitbull Community trusts us
What is a Pitbull coin?
Pitbull is a auto-staking token that had its ownership renounced and burnt LP given to the community from the beginning of its creation.
What is a PIT Loan?
A PIT loan is the loan borrowed against PIT cryptocurrency as collateral. Here’s how it works: you bring some cryptocurrency Pitbull to a lending service, leave it there temporarily as collateral, and get an amount of a certain cryptocurrency in return. On CoinRabbit PIT lending, we lend stablecoins such as Tether USDT, USD Coin and BUSD.
Learn more about Pitbull loans
Learn more about crypto. Read blog
What you should know
Pitbull (PIT) has a fairly well-developed ecosystem by the standards of a meme coin. Thus far, it has developed several use cases, with more coming in its detailed roadmap: The PitFarm will allow users to stake liquidity tokens for points, which can then be redeemed for Pitbull NFTs. NFTs will be tradeable on the marketplace, with funds going towards marketing (15%), shelter donations (15%), the PIT liquidity pool (60%) and the minting and designing process (10%). PitSwap is an automated market maker (AMM) that simplifies the trading experience for PIT investors and is set to become a full-on ecosystem that supports staking, farming, and other decentralized finance (DeFi) features. PitTracker, which is used to keep track of their PIT token holdings and auto-staking profits. And that’s just the tip of the iceberg. There’s many more use cases of $PIT.
- Profit from volatility – CoinRabbit loans remain fixed no matter the exchange rate of the collateral currency.
- Make a huge purchase and continue holding – The crypto loan allows you to enjoy the value of the invested fiat money while inflation permanently decreases it. Today the same amount values more than tomorrow. Therefore, when you take out a crypto loan against PIT, you keep all your PIT assets but gain extra funds to spend today, as we all know that tomorrow your wishes will be more expensive 😉
- Tax optimization – Some countries require you to pay up to 40% on your crypto investment profits. There is no direct profit in a loan transaction. So you can take a loan and maximize your tax efficiency without worrying about taxes.
- Technique for managing risks – Rather than holding PIT tokens and risking the unpredictable fluctuations of the crypto markets, crypto investors now have the opportunity to utilise their investments as collateral for a PIT loan.
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St. Vincent and the Grenadines,
VC0100
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.