Crypto Loans

You can get a loan in currencies BTC, LTC, ETH, DASH, USDT, USDC, EUR.

BTC, ETH, USDT, USDC can be used as collateral

You can choose your own interest rate - 0.95%, 5.95%, 7.95%, 9.95% per annum. The higher the initial LTV, the higher the interest rate

LTV (Loan-to-Value Ratio) is the ratio of the value of your loan to the value of your collateral. That is, if you want to leave a deposit of 1000 USDT and choose LTV 70%, you can get a loan of 700 USDT. Or, conversely, if you want to get 1000 USDT, then with the selected LTV 70%, you must give a deposit of 1428.57 USDT.

1. 1. Exchange rate. If the exchange rate of the currency in which you left your collateral falls, the LTV goes up. If the exchange rate of the currency goes up, the LTV goes down. This way, you can close the loan more profitably by appreciating the currency.

2. 2. Residual amount of debt. The less left to repay, the lower the LTV. That is, the more you repay the loan, the lower the LTV becomes.

3. 3. The amount of collateral. The smaller the amount of collateral, the higher the LTV becomes. Conversely, the greater the collateral, the lower the LTV. Therefore, if LTV increases, it is recommended to increase the amount of collateral.

It is very important to always keep the LTV at an optimal level (up to 75%) to avoid the risk of liquidation of the loan.

If the LTV of the loan is above 75%, we will warn you that the loan may be liquidated and offer to add additional collateral or repay the loan. If the LTV of the loan is higher than the liquidation LTV (90%), we will liquidate your loan at the expense of your collateral and charge a 2% transaction fee on the collateral amount. The balance of the collateral will be returned to your account.

You can always repay the loan in full before the due date. In this case, the interest on the loan will be recalculated rounded up to the hour.

After the loan is created, you get a monthly payment schedule. First you pay only the interest, and then the whole body of the loan. That is, the total amount of interest for the entire duration of the loan is divided into equal parts without regard to the last month, and in the last month you must repay the entire amount of the collateral (the amount you have received in your account).

Yes, it is possible. The monthly payment amount will be deducted from the collateral amount. Note that if the amount of collateral decreases, the LTV will increase.

Yes, you can repay the interest on the loan several months in advance. For example, if you repay the loan for the next two months, you can make the next payment in 3 months, according to the schedule.

When you create a loan, you will immediately see the calculation of the monthly interest rate, the monthly interest payment, and the total interest amount for the entire period.

You can set up collateral at the time of loan creation. You can always add additional collateral after the loan is created to reduce the LTV.

No, you cannot reduce the amount of collateral. You can only repay the loan using the collateral.

The monthly payment amount will automatically be deducted from your account in the currency of the loan. If there are insufficient funds in the account, the payment will be deducted from the amount of collateral you left when you created the loan. Note that the LTV will increase if the amount of collateral decreases.