Make your Monero work for you. Borrow stablecoins for 14% APR for an unlimited term.
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 liquidation price 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
The collateral currency liquidation rate defines at which market price your collateral will be automatically sold.
We make it easy to get and manage your crypto loan.
Set up your loan using Monero as a collateral option, then confirm it with your phone number as the main contact channel 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 your payout address 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.
XMR (Monero) has simple goals behind it: to allow transactions to take place privately and with max anonymity. It is designed to obscure senders and recipients alike through the use of advanced cryptography.
Simple as that it is a loan you can take out at CoinRabbit while using XMR as your collateral. Today, CoinRabbit allows you to have crypto loans instantly by using the most popular and common cryptocurrencies as your collateral.
Loaning XMR at CoinRabbit is anonymous. You do not have to pass KYC or share any personal information before taking the loan to be approved for it. The only thing you need to do is enter your phone number in order to have access to your loan control panel later.
The Loan-to-Value goes up. In the, Litecoin, Bitcoin Cash, etc. is trending down.
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.