It’s simple! You post crypto (BTC, ETH, or LTC) as collateral, and you can borrow USD against it. It is a great way to unlock capital without having to sell your assets and incur a taxable event. The amount of USD you can borrow depends on the amount of collateral you post against the loan, and which LTV (Loan to Value Ratio) you choose. Our loans are structured for a term of one year / 12 months.
Please see below example for a US/Domestic client taking a $10,000 loan (please note our rates may vary for international borrowers)
- 50% LTV @ 9.75% Interest - requires ~$20,000 in crypto as collateral
- 35% LTV @ 7.9% Interest - requires ~$33,000 in crypto as collateral
- 20% LTV @ 4.5% Interest - requires ~$50,000 in crypto as collateral
Limitations/restrictions may apply. You can view current rates here as they may vary.