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What is a Zilliqa Loan?

  • Zilliqa loan allows you to borrow cryptocurrency on CoinRabbit, using ZIL Coins as collateral. How it works: you are lending ZIL Coins to CoinRabbit as collateral and receive a certain amount of cryptocurrency as liquidity. The amount of collateral is calculated by LTV (loan-to-value) ratio.

Why get a Zilliqa loan?

  • A cryptocurrency loan has a lot of advantages: you can get it almost anywhere in a few minutes, you do not need to prepare any documents, and the interest rate is noticeably lower than in more traditional financial institutions. In addition to the convenience and efficiency of Zilliqa loans:
  • - You can take advantage of crypto hedging
  • - You can minimize risks due to price crypto price volatility
  • - Transparent and free repayment plans

Zilliqa loan advantages at CoinRabbit

  • CoinRabbit is one of the simplest, fastest, but yet one of the safest crypto loan platforms on the market, making it one of the most trusted and efficient Zilliqa loans platform today. Our main advantages:
  • - Low interest rate
  • - Unlimited loan terms
  • - Unlimited loan amounts
  • - User-friendly platform with high level of security

Learn more about Zilliqa Loans

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FAQ

How does Zilliqa lending work?IconPlus

Zilliqa lending is a service that makes loans using ZIL coin as a collateral for a yearly interest. The interest can range from 10% to 18% or higher. There is no credit history or credit checks required — the only way to prove your reliability is the collateral that you're willing to provide. It will be temporarily stored in a lending service, which guarantees that you will pay back your Zilliqa loan.

Are Zilliqa loans safe?IconPlus

Our platform is protected by multiple security algorithms, which makes it impenetrable. All funds on CoinRabbit platform are safe.

What if the collateral’s currency rate changes after I get a Zilliqa loan?IconPlus

Usually, all processes on CoinRabbit take a couple of minutes. The platform verifies that the information you provide is correct and then issues a loan. The entire process can be tracked as it is being processed until you receive it.

Similarly, once the loan is paid off, the collateral is processed almost instantly. Just as fast as the loan is processed. In addition, you can track the entire process of repaying the collateral.

How quickly can I get a Zilliqa loan? How quickly will you refund me the collateral?IconPlus

The cryptocurrency market is highly volatile. However, CoinRabbit is committed to conducting business fairly with all customers. Despite price volatility, CoinRabbit offers loan agreements based on then-current exchange rates. Repayment of Zilliqa loans and interest is based on the initial exchange rate.

What are time limits for Zilliqa loans at CoinRabbit?IconPlus

All CoinRabbit loans are unlimited and don't have expiration dates or strict payment plans. Our customers can close the loan and buy back the collateral when it's convenient for them.

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