62 min read

Trading cryptocurrencies is not the only way to make a profit using your assets.

Crypto-lending platforms allow you to borrow, lend against the security of cryptocurrencies, exchange, place crypto assets on high-yield savings accounts, multiply your assets on favorable terms.

Crypto-lending is based on a fairly simple concept: borrowers can use their crypto-assets as collateral for obtaining a loan in fiat (in traditional currency, for example, USD, EUR, GBP, etc.), or in a stable currency, while lenders provide the assets necessary for obtaining a loan at an agreed interest rate. This can also work in reverse, when borrowers use fiat or stable coins as collateral for borrowing crypto assets.

The lending process usually involves two or three parties: the borrower, the lender and the platform that connects both sides of the transaction. However, there are certain platforms that themselves act as a lender.

Investors turn to these platforms to borrow money, using their assets as collateral. Depending on the platform, the lender can set specific parameters for borrowers, such as the loan term, the interest rate and the minimum amount required.

Thus, crypto-users can now engage in margin lending, crypto-crypto-lending and crypto-fiat lending with the aim of either obtaining an interest rate on coins that are loaned out, or gaining access to fiat/crypto for investments, large-scale purchases or everyday expenses.

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What do I need to take out a crypto loan?

Compared to the traditional loan application process, applying for a crypto loan requires relatively little. Credit checks are usually not required. The main thing is that the amount of the loan for which you will be approved depends on the amount of collateral that you can use. The loan-to-value ratio (LTV) is the ratio between the loan amount and the cost of collateral. If you invest $ 10,000 worth of cryptocurrency as collateral and get a loan of $ 7,500, the LTV coefficient of your loan is 75 percent. Since the crypto market is volatile, the LTV coefficients for crypto loans are usually low.

Сustodial centralized financing platforms (CeFi) and non-custodial decentralized financing platforms (DeFi)

Crypto lending platforms are classified into 2 main categories: custodial centralized financing platforms (CeFi) and non-custodial decentralized financing platforms (DeFi).

Centralized financing loans (CeFi) are custodial; the central organization takes over the custody of the collateral. In this situation, the trader cannot access his secured assets; the lender controls the private keys of the assets.

Although custodial crypto loans are still much more affordable, mostly at a price, than traditional loans, they still depend on a centralized credit provider to ensure compliance with their terms. About 85 percent of crypto loans are currently custodial, but this ratio is changing rapidly.

Decentralized Finance (DeFi) loans are not custodial. These loans do not depend on a central organization to enforce the terms of the loan, but they do depend on smart contracts. If a trader takes out a DeFi crypto loan, he retains control over the keys of his assets until he defaults on the loan.

DeFi platforms cannot directly lend fiat currency (euros, dollars, etc.); traders receive stable coins, which can then be exchanged for cash. DeFi loans, as a rule, have a higher interest rate than deposit loans.

The main differences between lending and borrowing platforms: which platform should you choose?

There are centralized and decentralized lending platforms in the crypto lending market. The main difference is who lends and borrows - business or protocol.

DeFi is a new monetary system that aims to provide financial services using key elements and blockchain functionality to create a more open and transparent financial system.

CeFi is an intermediate link between the traditional financial system and DeFi. Such platforms work centrally and, as a rule, are regulated by the state, but at the same time, they provide opportunities for free financial transactions in cryptocurrency without resorting to classical banks.

DeFi vs CeFi Comparison by CoinLoan

Centralized lending platforms fulfill Know Your Customer (KYC) requirements, have a storage system to protect their assets, form business partnerships with institutions, and enter into loan agreements. Centralized platforms tend to offer interest rates, which often include higher returns for lenders of cryptoassets such as Ether (ETH) and Bitcoin (BTC) than decentralized platforms.

Decentralized lending platforms (for example, Compound, dYdX and other analogs) work as protocols that any user can access, at any time, without KYC. These decentralized platforms have variable interest rates that are determined by the supply and demand of the cryptocurrency asset on the platform. This can lead to significant fluctuations in interest rates, but at the same time, interest rates for lenders can sometimes reach up to 30% or more.

All regulated centralized platforms require identity verification - this reduces the level of anonymity when working with cryptocurrency, but at the same time it guarantees the protection of your rights in case of loss of funds.

If privacy is important to you, then you should pay attention to DeFi (decentralized) platforms. All transactions on these platforms are conducted directly between users without the involvement of the regulator. When dealing with large amounts of assets, legal protection is very important and should not be underestimated.

Nexo - Unlock the Power of Your Crypto. The Leading Regulated Financial Institution for Digital Assets. Earn Interest 12% Interest paid out daily. Borrow Instantly 18 Cryptocurrencies available as collateral.

Margin calls and forced liquidations

To prevent illiquidity during market downturns, lending platforms will issue margin calls or force liquidations. If a cryptocurrency’s value drops to a point where many borrowers’ LTVs are too high for the platform to maintain, the platform will inform borrowers that they must increase the value of their collateral or risk liquidation.

If the call is not met, the platform may liquidize enough of the collateral to bring an account’s LTV back to the maximum allowed ratio. In this case, a trader will have forfeited that portion of their deposit, will have incurred capital gains or losses, and may be charged transaction and broker fees.

Crypto loan fees

Providers charge borrowers interest fees on their loans. These fees can range from around 1% APR to over 12% APR. If you use your loan for investment or business purposes, you may be able to write off these interest fees on your taxes.

Contact a tax professional for more guidance about business deductions.

Failure to pay back the loan

If you don’t pay back your crypto loan, the lender may liquidate all or part of your asset to recoup its losses. This could result in capital gains or losses for you, even though the lender retains the proceeds.

Forced liquidation

As mentioned above, if collateral is liquidized because of an unmet margin call, the borrower will be subject to capital gains tax on any increase in the collateral’s value between the time of its purchase and the time the lender sold the asset.


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How do crypto savings accounts work

Crypto savings accounts work in a similar way to normal bank savings accounts. In a nutshell, you lend money to an institution, which lends your assets to borrowers in need of liquidity. However, these loans are relatively secure since the loan providers ask the borrowers to deposit crypto assets themselves, as security for the loan. Most providers ask for a ‘loan-to-value’ ratio of 50% meaning that if a borrower wants $1000 they’ll need to deposit $2000 worth of e.g Bitcoin as security for the loan.

Who are these providers lending my assets to?

Broadly spoken, these are institutions and sometimes individuals that hold cryptocurrency and need short-term liquidity but don’t want to sell their cryptocurrency. To give a few examples of the type of companies using crypto-backed loans:

  • Cryptocurrency Miners: Need financing to cover their operating expenditures (pay employees, electricity costs etc.).
  • Traders: Want to seize arbitrage opportunities and need short-term liquidity to execute profitable trades.
  • Hedge funds: Have invested in ICO’s or other digital assets and want to leverage their position to pursue more investment opportunities.
  • Cryptocurrency Exchanges: Need financing for their margin lending and trading services.
Earn on Bitcoin! Nexo - Unlock the Power of Your Crypto. The Leading Regulated Financial Institution for Digital Assets. Earn Interest 12% Interest paid out daily. Borrow Instantly 18 Cryptocurrencies available as collateral.

Are there any risks?

Like any financial investment, depositing your assets into a crypto savings account comes with risks.

  • Loan Default Risk

As we mentioned before, the risk of default on the borrower side is very limited because the loans are secured. When the value of the collateral backing the loans falls below a certain treshold, crypto lenders can sell the assets. However, in the event of a black swan event where market prices crash within minutes, the value of the collateral could fall below the loan value.

  • Custodian Hack

Perhaps the largest risk factor is that the lending company’s custody provider (where your assets are stored ) gets hacked. If an infiltrator penetrates a custodians’ wallet they could run away with the users’ money. To offset this risk, many custody providers have insurance policies to protect users in case they do get hacked. However, these often have an amount ceiling so whether you get reimbursed or not in the event of a hack depends on how much money was lost overall. Sometimes, the lending providers themselves, have additional insurance policies. If insurances exist, we always list them in the ‘details’ section

  • Smart contract vulnerability

Some of the providers listed above, namely Argent, ZenGo & Dharma use the decentralized Compound protocol for their savings accounts. This means your assets are not being lent out by a company but an automated lending platform on the Ethereum blockchain. These smart contracts can have bugs that attackers can exploit to steal the money. All this being said, none of the scenarios mentioned have happened. If you want to read more on the crypto lending sector read our article on “How to think about savings rates in crypto?”. 


How to choose a crypto savings account

Custodial

Some savings accounts are provided by centralized crypto companies while others are provided by DeFi protocols and smart contracts. The former are custodial meaning you lose control over your assets while with the latter you remain in control.

Security

Although security is a major concern for crypto lending providers their wallets, holding all their users’ funds, can potentially be hacked. DeFi protocols on the other hand can have flaws in their smart contracts. Therefore, we have listed whether providers have insurance policies for these types of events.

KYC

Centralized providers have to identify their users to comply with regulations whereas DeFi providers don’t. To use a DeFi protocol such as Compound you only have to download a wallet which has integrated Compound, deposit your funds and you automatically start earning interest.

Convenience

Lastly, you want to find a provider that offers a decent user experience. Can you withdraw your assets any time or is there a lockup period? How often is the interest paid out? Is the app simple to use and does it have a delightful interface?


YouHodler - Hodl, Earn, Borrow, Multiply

Leaders of the crypto-lending and crypto-savings accounts market


CoinLoan

Crypto Lending Platform | Earn Interest | CoinLoan. CoinLoan offers crypto-backed loans and interest-earning accounts. Get a cash or crypto loan with cryptocurrency as collateral. Earn interest on your crypto assets and stablecoins with no lock-up period.

CoinLoan helps you borrow, exchange and increase your assets. Coinloan combines the best of traditional and new finance to offer the client both reliable security and favorable conditions.

CoinLoan supports not only loans secured by cryptocurrency, but also investing in order to receive interest. This platform is distinguished by the support of a large number of cryptocurrencies, the presence of a European license and a simple process of obtaining a loan.

CoinLoan features

CoinLoan provides services in all countries of the world, while the company operates within the legal framework under European financial licenses and provides the highest level of security. To work with the platform, identity verification is required. 

The main features of the service and its differences from competitors:

  • The ability to get several credits at once at the same time. This is an effective risk hedging tool in case of a drop in the cryptocurrency exchange rate.
  • Creating a contract for each loan. This contract can then be submitted to the tax service or the bank.
  • Flexible interest rates that are calculated based on the state of the market (the percentage can be either 5% or 20%).
  • A wide selection of coins, stablecoins and fiat, including rare options. Built-in exchange for instant exchange between existing assets.
  • Crypto-to-crypto loans. In particular, you can take Bitcoin on the security of Bitcoin. The meaning of such operations is to save your investments, while making them work.
  • A fairly high LTV is 70% with plans to increase it to 80%. A margin call occurs only if the 90% mark is crossed.
  • The loan can be repaid at any time without penalties. You can choose the repayment method — only interest or the main loan + interest.Interest-bearing deposits. Money can be transferred in a convenient way, including a bank card.

CoinLoan helps borrowers unlock the value of cryptocurrencies for use for various purposes, while not selling assets. Crypto-secured loans can be used as leverage for trading strategies. For investors, this is a way to get passive income with minimal risks.

Lending using CoinLoan

An instant loan

When a user requests a loan, the CoinLoan platform issues assets invested by other participants as deposits. Each loan is secured by cryptocurrency; the service does not issue unsecured loans and does not conduct credit history checks.

Terms of lending on CoinLoan:

  • Instant automatic approval. You do not need to wait for the selection of a counteroffer.
  • There is no commission for depositing funds, commission for withdrawal to fiat, penalties for early repayment.
  • The interest rates vary depending on the selected asset and its current market position. The average rate is 10%.
  • At any time, you can initiate the sale of collateral, paying it off with the cost of the loan.
  • It is impossible to borrow against cryptocurrency placed on an interest-bearing account.The borrower remains the owner of his cryptocurrency. This cryptocurrency is returned to the borrower after the loan is repaid.
  • You can take an unlimited number of loans at the same time.

Peer-to-peer loans are available on the CoinLoan platform. The terms of lending are no different from instant loans, except for a flexible interest rate. You can create your own application with the desired interest rate or accept an existing offer.
CoinLoan acts as a controlling party that monitors the fulfillment of obligations.
In your personal account, you can view the terms and schedules of loan repayment. If the loan was not repaid at the right time, CoinLoan will try to do this automatically by selling the collateral.

Deposits

CoinLoan offers another product that combines cryptocurrencies and the traditional banking system. An interest account is available to any registered user who has confirmed his identity. It does not matter the country of residence, as well as the purpose of use (personal or corporate).

Terms of deposit on CoinLoan:

  • Supported currencies: USDC, USDT, BCH, ETH, TUSD, PAX, BTC and EUR (this list is planned to be expanded).
  • The interest rate is from 3% to 8.3% for basic bets and from 5% to 10.3% for bets with a bonus for a bet.
  • User deposits are used by the CoinLoan platform to issue loans to other participants. Due to the proper organization of this process, you do not need to wait for a counter offer to start earning income.
  • Regardless of how successful the use of deposited funds is, the user is guaranteed to receive his interest.
  • The interest is credited to the account daily at 14: 00 UTC.

Safety

CoinLoan works with certified cloud service providers, which are also used by traditional financial institutions, including banks. Every day, the entire system is checked for vulnerabilities by a special scanner. Ordinary users also take part in the analysis — everyone can detect a vulnerability and report it to the developers.

Other measures that ensure the security of user funds:

  • WAF-web application firewall, means of protection against DDoS attacks.
  • SSL + TLS 1.3, DNSSEC, HSTS encryption.
  • PCI DSS security certification used by large banks.
  • SSDLC is a software development security standard.
  • Two-factor authentication using TOTP technology.
  • Protection against brute force passwords. Email notifications about all attempts to log in to your account.
  • The entire CoinLoan infrastructure is monitored around the clock for detecting system errors or suspicious activity.

Thus, CoinLoan is a good alternative opportunity for both lending and receiving passive income. No credit history checks, a large selection of cryptocurrencies and fiat currencies, as well as ways to receive funds — all this gives maximum flexibility in financial management.

Learn more about CoinLoan:



YouHodler

YouHodler.com | Keep Crypto. Use cash. Get crypto loans backed by the TOP 12 coins with up to 90% loan-to-value. Earn interest on crypto up to 12% APR. Store, exchange and pay anytime. HODL smartly.

YouHodler is an EU and Swiss-based brand with two main offices in Cyprus and Switzerland. YouHodler is an active member of the Blockchain Association of Financial Commission and the Crypto Valley Association. Customers are protected by the independent Financial Commission’s efficient dispute resolution process.

YouHodler FinTech platform is focused on crypto-backed lending with fiat (USD, EUR, CHF, GBP), crypto (BTC) and stablecoin loans (USDT, USDC, TUSD, PAX, PAXG, DAI, HUSD), crypto/fiat and crypto/crypto conversions, as well as high-yield crypto-saving accounts (crypto-rewards & staking). The platform supports BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, REP and other popular cryptocurrencies and tokens. User's digital assets are safely guarded with Ledger Vault's advanced custody and security options.

YouHodler products:

  • Crypto Loans - 90% loan-to-value, TOP 20 coins as collateral. Use the TOP 20 coins as collateral for crypto loans with the highest loan to value ratio (90%). Get loans in EUR, USD, CHF and GBP and withdraw instantly to credit card and personal banks. 
  • Exchange - Universal conversion between all crypto, fiat and stablecoins. Exchange cryptocurrency, fiat, and stablecoins with real-time execution prices and low fees. Buy crypto with credit card, (Visa, Mastercard) and your SEPA bank account.
  • Earn Interest - Get up to 12.7% in stablecoins, up to 8% in other crypto. Earn interest on Bitcoin (BTC), Pax Gold (PAXG), USD Coin (USDC), True USD (TUSD) and more. Turn your cold assets into hot profit instantly by depositing crypto in your YouHodler wallet and getting weekly interest payments. 
  • Multi HODL - Boost your savings and keep your daily interest. Multi HODL - Better than trading. The best crypto trading platform for those who want to extract profit from market volatility in both directions (UP or DOWN) quickly and easily. Anticipate the market movements and multiply your crypto up to x30. Try Multi HODL and see why it’s better than trading on traditional exchanges.
  • Turbocharge - Better than trading: borrow to get more crypto. "More Crypto" - Clone your collateral and benefit in case of further price growth. Turbocharge is based on the "cascade of loans" principle. Clone your crypto up to ×6.5 with 90% LTV "Extreme" tariff. Fixed fee. No rollover fees. Cheaper than trading. Set Take Profit price and not miss a bullrun. YouHodler has a Turbocharge service, which allows users to get a chain of loans. The platform uses borrowed fiat to purchase additional cryptocurrency without commission and then uses it as collateral for other loans in the chain.

For more information visit YouHodler.com 


Nexo

Nexo - Unlock the Power of Your Crypto. The Leading Regulated Financial Institution for Digital Assets

Nexo is the world's largest and most trusted lending institution in the digital finance industry. Since 2018 Nexo has strived to bring professional financial services to the world of digital assets. Leveraging the best of the team's years of experience in FinTech along with the power of blockchain technology, Nexo empowers thousands of people to harness the value behind their crypto assets, shaping a new, better financial system. Nexo currently manages assets for 1,500,000+ users across 200 jurisdictions.

The Nexo platform has assets of $ 15 billion. 

The company’s mission from day 1 is to maximize the value of digital assets by offering tax-efficient ‘Instant Crypto Credit Lines’, high-yield ‘Earn Interest’ products and ‘Send & Pay’ capabilities for our clients, while ensuring the $375 million custodial insurance and military-grade security of the Nexo Account.  

Follow this link, join Nexo, top up your assets with $100 or more, and get a reward of $ 10 in BTC.

Nexo Products

  • Buy Crypto
  • Earn on Crypto
  • Earn on EUR, GBP and USD
  • Borrow
  • Exchange
  • Nexo Card

Earn 12% on Crypto with daily compound interest and zero fees 

Supported Assets and Rates

20 available cryptocurrencies, including BTC, ETH, LTC, stablecoins and more.

Nexo - Supported Assets and Rates. 20 available cryptocurrencies, including BTC, ETH, LTC, stablecoins and more.

Nexo’s crypto interest account allows you to grow your crypto securely with up to 12% interest. You can earn compounding interest on 20 cryptocurrencies, including BTC, ETH, LTC, stablecoins, and more held in your account.

To start earning on your digital assets:

  1. Open the Nexo platform or the Nexo Wallet App.
  2. Complete your verification.
  3. Buy or transfer assets into your wallet.

You’re all set! Now you’re earning daily interest that automatically goes into your Savings Wallet.

Note: You’ll start earning interest at least 24 hours after your transfer. Also, assets held in your Credit Line Wallet (i.e. assets being used as collateral) will not earn interest. 


How does crypto earn interest

One way to earn passive income on your digital assets is via interest accounts and lending platforms. This way you will be able to earn interest on your crypto without having to trade the markets using an exchange.

Your interest rate is determined by:

1. Your Loyalty tier, which in turn depends on the ratio of NEXO Tokens against the balance of other assets in your portfolio. The requirements for each tier are as follows:

  • Base: No NEXO Tokens are needed.
  • Silver: At least 1% of the Portfolio Balance in your account must comprise NEXO Tokens.
  • Gold: At least 5% of the Portfolio Balance in your account must comprise NEXO Tokens.
  • Platinum: At least 10% of the Portfolio Balance in your account must comprise NEXO Tokens.

Nexo Loyalty Levels

Your Loyalty Level is based on the ratio of NEXO Tokens to the other assets in your account

Nexo Loyalty Levels - Your Loyalty Level is based on the ratio of NEXO Tokens to the other assets in your account

2. Whether you choose to receive your interest in kind or NEXO Tokens:

  • Earning in kind means you receive your interest payments in the currency you’re earning on.
  • Earning in NEXO means you receive interest payments in NEXO Tokens and benefit from an extra 2% interest on all your holdings.

You can calculate your daily interest as shown below:

Daily Interest = Principal amount (in the original cryptocurrency) x (interest rate/365)

Note: Your interest rate will change depending on the ratio of NEXO Tokens to other assets in your portfolio and whether you decide to earn interest in NEXO or in kind.

Learn more about our interest rates here


How to get the highest Nexo interest rate.

To receive up to 12% interest on your fiat currencies, you have to:

  • Become a Platinum Loyalty tier client by making sure at least 10% of your Portfolio Balance comprises NEXO Tokens.
  • Opt to earn your interest in NEXO Tokens for an additional 2% interest.

Example

  • Value of assets in your Saving Wallet: $10,000.
  • Value of NEXO Tokens required for you to get the highest interest: min. of $1,000 in NEXO Tokens.

To activate Earn in NEXO:

  1. Open the Nexo platform or the Nexo Wallet App.
  2. Click on the “Settings” menu in the “My profile” section.
  3. Activate the option to Earn in NEXO.

Security of digital assets on the Nexo platform

Nexo promises users maximum security of digital assets by using the latest security measures and protocols to protect your confidential data. The security of the assets stored in your Nexo account is guaranteed by industry-renowned custodians and leading competent authorities.

The first step to maximizing the value of your cryptocurrency with Nexo is to place digital assets in your Nexo wallet.

Nexo keeps your assets safe with a multi-faceted approach to security, including:

  • $375M insurance from our custody partners via Lloyd’s of London and Marsh & Arch.
  • The finest custody solutions through leading custodians in the blockchain space, among which SOC 2 Type 2 certified BitGo, Ledger Vault, and other partners.
  • Military-grade 256-bit encryption and fraud monitoring mechanisms for the Nexo Wallet, guaranteeing the safety of clients’ funds.
  • ISO/IEC 27001:2013 accredited information security management systems.
  • 200–500% overcollateralized crypto credit lines. Nexo never issues credit on a non-collateralized basis, thus ensuring your funds are backed no matter how the market moves.

Earn up to 12% interest on EUR, GBP and USD, paid out daily

Earn up to 12% interest on GBP, EUR, and USD, following these three simple steps:

  1. Open the Nexo platform or the Nexo Wallet App.
  2. Complete Basic and Advanced Verification.
  3. Transfer your fiat into your Nexo account. Don‘t forget to use your unique reference code!

That’s it! You’ll instantly start earning interest as soon as the transaction is confirmed.

Note: The minimum top-up amounts are €1,000 for EUR, £10 for GBP.


Instant Crypto Credit Lines: Borrow cash or Stablecoins from 6.9% APR, without selling your Сrypto

Advantages Of Nexo Credit Lines

  • Starting from just 6.9% APR
  • Automatic approval, no credit checks
  • $375 million insurance on custodial assets
  • Credit lines available from $50 to $2 million
  • Credit line backed by multiple assets
  • Flexible collateral management

Supported Assets

Supported Assets. Get cash, keep your crypto using a variety of supported collateral options.

How to borrow. Opening ofthe Nexo Instant Crypto-credit line.

1. Top up supported assets

Click on the "Top up" button. Copy the top-up address and transfer the amount you wish to top up. 

2. A credit line becomes instantly available, no credit checks

Once you have added digital assets to your account, you will be able to open a credit line. Your available credit line limit will be calculated depending on the value of your assets. 

3. Start spending

Withdraw cash or stablecoins or start spending using the Nexo Card. You will be charged interest only on the amount you actually withdraw.


Nexo Card

The Nexo Card is the only card that allows you to spend the value of your digital assets without having to sell them.

The Nexo Card is the only card that allows you to spend the value of your digital assets without having to sell them.
  • Accepted worldwide by 40M+ merchants
  • Instant cashback on all purchases
  • Flexible repayment options
  • Free additional virtual cards
  • Payments in local currencies
  • No monthly/annual fees, no FX fees

The Nexo Card can be ordered and managed from the comfort of the Nexo Wallet App, giving you instant worldwide access to your credit line.

Nexo card features

  • Freeze and unfreeze your Nexo Card with a single tap
  • Receive instant notifications about all transactions
  • Create free virtual cards for safe online purchases
  • Monitor all your transactions in real-time
  • Get 2% cashback with all purchases (choose whether to receive your rewards in NEXO Tokens or BTC or toggle between the two right before making a transaction; all your cashback is automatically placed in your Nexo Account)  
  • View your PIN and change it at any ATM if needed



Celsius Network

Celsius | Earn Bitcoin - Earn crypto with crypto lending. Earn BTC and 40+ other cryptocurrencies. Get a 1% cash loan using your crypto as collateral. Unbank Yourself with Celsius.

Celsius Network is a popular loan platform, with over $10B in assets and 485,000 users. This popularity is in part thanks to its extremely low (for now) borrowing rates, which start at just 1% (average CeFi borrowing rates at the time of writing are around 4%). Celsius supports 25 coins and offers flexible LTV rates, although they are capped at 50%.

Celsius is the first and only platform that earns you up to 17% yield on your crypto, rewards you every week and lets you borrow cash at the lowest rates.

In general, Celsius also offers investors a fixed rate on most stablecoins: 7% for GUSD, TUSD, PAX and USDC. For other coins, the percentages are lower — for example, 3.8% for ETH (it should be noted that the rates change based on the market situation). During its existence, the Celsius platform has already paid out more than $5,000,000 in interest income.

The main advantages of Celsius accounts:

  • Support for a variety of popular and other not-so-popular crypto assets.
  • Unique additional offers, such as earning on gold.
  • Weekly interest payments.
  • One of the largest crypto lending markets with an excellent reputation.

For certain coins, Celsius offers the highest rates on the market. Therefore, when choosing a platform for passive income, you should definitely consider the option of the Celsius Network.


Comparison of the bitcoin price (Celsius vs BlockFi)

Comparison of the bitcoin price (Celsius vs BlockFi)

Celsius differs from other lending sites as it has its very own utility token called CEL. Users who use this token get exclusive benefits such as increased interest rates, community membership, and priority customer support.

Celsius offers 4.40% APY on BTC and 12.65% APY on stablecoins for lenders. All you need to do is send your Celsius Network wallet to them and get it approved for lending. As for security, Celsius has partnered with BitGo to ensure asset security and storage in the cold wallet. However, Celsius does not provide insurance directly on your deposits, whereas BitGo does. BitGo provides insurance coverage of up to $100M for digital assets.

The approvals with Celsius are swift and do not need any credit check. The interest rates start at 1% for borrowers, and also depend on the loan-to-value (LTV) ratio. If you use more collateral (crypto), then your interest rate will be lower. The minimum loan amount starts at $500, and users can avail of an LTV of 25% to 50%. You can check the borrowing page of Celsius for more information.


SALT Lending

USD & Stablecoin Crypto-Backed Loans | SALT Lending. The original Blockchain-backed Loan™. Register for a USD or Stablecoin loan using your bitcoin, ethereum or cryptocurrencies as collateral.

SALT (Secured Automated Lending Technology) provides fiat loans using cryptocurrencies and digital assets as collateral as an innovative way for HODLers to unlock liquidity for real expenses.

SALT offers flexible terms from 3 to 12 months, with the possibility of early repayment of the loan without a penalty for prepayment with the possibility of repayment only of interest or the principal amount of the debt and interest, as well as annual interest rates up to 4.95%. The rates may vary depending on your location, the loan amount and the type of repayment.

The loan-to-value ratio (LTV) varies from 30% to 70%, that is, you can borrow from 30% to 70% of the amount of collateral that you deposit.

The main difference between SALT is that SALT supports the ability to use a portfolio of digital assets to secure your loan.
The SALT storage system is built to ensure the security of digital assets stored on the platform, using cold storage, which uses processes that create the redundancy, stability and recoverability necessary to maintain the corporate system for both borrowers and lenders.

In addition to credit products, SALT also offers customized business and personal credit solutions with a team of experienced developers who are well versed in the blockchain space.

The SALT credit card (on the waiting list) is the first crypto card that allows you to use bitcoin and spend cash.

SALT's services provide digital asset holders cash liquidity without upfront liquidation and access to the digital-asset credit market.

Other benefits of using SALT’s service include:

  • Flexible LTV options Borrowers can originate loans at 30%, 40%, 50%, 60, and 70% LTV.
  • Favorable fee structure SALT does not charge origination fees, servicing fees, or closing costs.
  • No prepayment penalties Borrowers can pay off their loan at any time for no additional costs.
  • Active loan management tools used for maintaining balances and tracking your loan.
  • Mobile App - Monitor the health of your loan and respond to margin calls while on the go!
  • Deep Proprietary Cold Storage.
  • Ability to have USD for other investments.

SALT is incorporated in Delaware (USA) with operations and development departments and organizations located in Colorado and Mauritius. SALT's expansion plan includes offices in Europe and Asia.

SALT has a positive reputation in the crypto community and offers a very high level of professionalism and security. The disadvantages include the fact that it is not yet available for most countries to work with it (although the list of jurisdictions is regularly expanded), and the high minimum loan threshold is $ 5,000. We can say that the service is focused more on large investors than on ordinary citizens.


LendaBit

LendaBit - P2P Platform for borrowing or lending secured by Crypto | LendaBit.com. Looking for easy P2P crypto-backed loans? LendaBit.com provides secure and convenient services of online lending and borrowing. Crypto owners can benefit from their crypto assets without selling them. Crypto holders can start earning money by giving loans at profitable interest rates.

LendaBit is a P2P lending and borrowing platform that lets you use crypto as collateral for USDT loans. LendaBit accepts BTC and ETH. 

Loans have no limits: as long as you have the crypto collateral, you can borrow any amount of money through LendaBit. Loan terms are available for 1 month, 3 month, 6 month, or 1 year periods.

LendaBit displays the daily and annual interest rate immediately upfront, making it easy for borrowers to see how much they’ll pay. Lenders, meanwhile, can earn interest rates of around 12% per year by lending USDT through the platform.

LendaBit registration is surprisingly fast. You can signup for the website within a minute. Then, make a deposit and confirm your lending terms, then complete the loan.


Ledn

A better home for your digital assets. Ledn offers a suite of Credit and Savings products for you to make the most of your digital assets.

Ledn is based in Toronto (Canada) and offers a set of products for managing digital assets — savings accounts, loans and a fundamentally new type of B2X lending. You can receive funds in US dollars, Canadian dollars or DAI stablecoins, and BTC is accepted as collateral (it is planned to gradually add other assets).

Ledn Products: Bitcoin & USDC Savings Accounts, B2X, Bitcoin-backed Loans

Ledn Products

Bitcoin & USDC Savings Accounts

Earn interest on Bitcoin & USDC with Ledn's Savings Account - with monthly compounding interest payments! In collaboration with Genesis Capital. Up to 9.50% Annually, Paid Monthly.

Learn More

B2X

Take a portion of your bitcoin from a Ledn Savings Account and use B2X to double your balance. You will then own twice as much bitcoin and have a Ledn Loan for the amount of bitcoin purchased. Double your bitcoin.

Learn More

Bitcoin-backed Loans

Keep your bitcoin in insured custody and access dollar loans with Ledn. Bitcoin-backed dollar loans do not create a taxable event and the interest paid may be tax deductible. 0.79% Monthly Interest.

Learn More


Ledn features

The Ledn platform has the following important features for customers:

  • A loan at 9,5% per annum with an LTV of 50% for 12 months.
  • After the end of the term, you can extend the loan.
  • Borrowed funds can be returned both by fiat and bitcoin.
  • You can withdraw from the savings account at any time without penalties.
  • Current prices are taken from the Coindesk portal.
  • Mandatory provision of identification information within the framework of the KYC (Know your Customer) and AML (anti-money laundering) policies.
  • Credit history checks are not carried out.If the cryptocurrency exchange rate increases during the loan, then the borrower benefits, since he needs to give the amount in the loan currency. If the bitcoin exchange rate falls, the platform will offer to make an additional deposit or pay part of the principal debt. Otherwise, part of the collateral can be sold to normalize the LTV.

Loans

Ledn loans are backed by Bitcoin and allow you to quickly get a dollar loan without having to sell cryptocurrency. There are many advantages in this method — you do not sell your investments and do not perform a taxable action. At the same time, Bitcoin is securely stored and insured in BitGo.

Conditions:

  • The annual interest rate is 9,5%.
  • The LTV ratio is 50%.Credit funds in USD or USDC are received within 24 hours from the moment of approval.
  • The repayment period is 12 months (an extension is available).
  • No monthly interest payments are required. It is enough to return the entire amount and interest at the end of the term.
  • You can repay the loan at any time without penalties.

Loans are issued in almost all countries of the world.

Deposits

Ledn savings account allows you to earn money on your Bitcoin savings. Interest accrual is carried out thanks to cooperation with Genesis — users' funds are given to this company at interest. Everything is completely safe — Genesis works with elite financial institutions and has over $ 3.1 billion in turnover, using the highest standards of credit processes and reporting.

  • The annual rate is 4.1% for Bitcoin deposits, 8.8% for USDC.

B2X: Doubling your Bitcoin balance.

In addition to Ledn's bitcoin savings account and bitcoin-backed loans, Ledn is releasing a service that helps users make the most of their bitcoins. B2X is a service that allows users to increase the number of bitcoins they own with the help of a loan secured by Ledn bitcoins and the purchase of bitcoins. A quick and easy way to double your Bitcoin balance.

Grow Your Bitcoin Holdings - Get 2x Your Bitcoin Holdings Instantly Through a Ledn Loan B2X

B2X is a service that allows you to increase your bitcoin holdings through a Ledn bitcoin-backed loan. Through the B2X service, users access a dollar loan and purchase an amount of bitcoin equal to their initial holdings. By doing so, the user holds twice as much bitcoin, with a bitcoin-backed loan for the dollar amount used to purchase the bitcoin.

B2X is designed for users that have a positive view on the value of bitcoin increasing over time. By doubling the user’s bitcoin ownership, you can receive twice the exposure to bitcoin. Like all of Ledn’s products, it is designed for people who want to hold more bitcoin.

B2X works like a Ledn Bitcoin-backed loan. The loan can be open for up to 12 months and can be repaid at any time without penalty and the balance of bitcoin is returned to the user.

Users use their Ledn Bitcoin Savings Account balance to access the B2X service. By selecting the B2X option from the site menu, users can use the calculator to decide on the amount of bitcoin they would like to double using the B2X service. The platform shows the current price at which bitcoin is trading, the total amount of bitcoin that you will hold once the service is activated, as well as a summary of the terms of the Bitcoin-backed loan agreement that is entered into. From there, you can accept the purchase after inputting a 2FA code and accepting the terms and conditions for the Ledn bitcoin-backed loan.

Make the most of your bitcoin with B2X

B2X:  It's the simplest way to double your bitcoin. 

Why B2X?

Instant Execution - You can use B2X with the bitcoin balance in your Ledn BTC Savings Account. Simply select the amount of bitcoin you’d like to use and follow the simple steps. The application takes less than 1 minute. 

Flexible Time Horizon - B2X Loans are a specialized type of bitcoin-backed loan to allow you to increase your bitcoin holdings. The loan can be open for up to 12 months and can be repaid at any time without penalty and the balance of bitcoin is returned to you.

For more information on B2X visit Ledn website. 


Deposit and withdrawal 

You can withdraw the cryptocurrency deposited as a deposit at any time 24/7. Recall that all financial transactions on the Ledn website require passing a KYC/AML check.

The fiat funds received on credit are transferred to the bank account, the details of which you specify in the application at the time of registration. There is no platform commission, but it may be on the side of your bank.

A commission of 1 USDC is charged for the withdrawal of funds, which includes the fees of the ethereum network for processing the transaction. These are the only commissions on the service; using a Ledn savings account is completely free.

Safety

All data stored in Ledn is encrypted, which ensures the security of financial transactions. Confidential customer data (first name, last name, email address, phone number, date of birth, address, photo) is used only for identity verification. This client data is never uploaded to local servers. You can contact support at any time to delete or update your account data.

Two-factor authentication adds an additional level of security. At the moment, it is mandatory for using the B2X product, but in the near future it will become a requirement for other Ledn services.

Payment information is stored to facilitate repeated application for loans. Bitcoin and USDC are stored with BitGo, a licensed custodian registered in the United States.

Conclusion

Ledn provides financial products with a mission to help clients across the globe unlock the power of digital assets to build wealth for the long term. Operating in over 100 countries, Ledn offers interest-bearing savings accounts and Bitcoin-backed loans, enabling clients to access dollars or additional Bitcoin without needing to sell any of their existing holdings.

Ledn has active clients in 105 countries, and has exceeded $1 billion in assets on its platform. Since the start of 2021, Ledn has tripled its team while growing its total lending book by over 800% and savings products by 280%. Ledn remains an industry leader when it comes to transparency and accountability standards, being the first-ever lending platform to undergo a formal proof-of-reserves attestation by Armanino LLP, a top public accounting and consulting firm and a recognized global leader in digital asset assurance solutions.

For more information visit Ledn.io 


Biterest

Biterest.com | Instant Bitcoin Backed Loans | 100% Anonymous. Sign up for the fastest Crypto-backed Credit Line! Get an instant USD loan secured with Bitcoin as collateral ✔ Only 1% per month ✔ Refund anytime ✔ Zero fee.

In 2017, Biterest was founded to help Bitcoin users to preserve their Bitcoin when they have a need to sell it. While others sell Bitcoin to cash it, you can apply for a USD loan against your Bitcoin.

The value of the collateral grows following the growth of the BTC price. Therefore, instead of selling Bitcoin at a disadvantageous rate, you HODL and make great profits when Bitcoin price rises.

  • Fee as low as 0% - No fees and the lowest interest rate
  • Instant loan - Borrow USD against your Bitcoin
  • Private access - No credit checks and KYC

Crypto.com

Crypto.com - Grow your portfolio by earning up to 14% interest on your crypto assets

Crypto.com - is a multifunctional resource that is interesting for investors, traders and borrowers. It offers an impressive interest rate of up to 18% on USDC, TUSD, PAX , ETH, BTC, XRP, etc., and this makes the resource an attractive option for a wide range of hodlers. Crypto.com it has its own MCO token, with which you can increase the interest rate.

Advantages of interest-bearing accounts Crypto.com:

  • There are many opportunities to manage your funds.
  • Competitive interest rates.
  • A large selection of used cryptocurrencies.
  • Users who buy and hold MCO tokens can receive favorable offers for various services, such as cashback on Spotify, Netflix, Amazon Prime, and other benefits.

There are three deposit options that differ in duration: 3-month, 1-month and flexible. Depending on the choice of the option, the interest rate is determined, although this is not the only factor that affects the amount of the interest rate.


xCoins

Make Money with Bitcoin | xCoins.io. Make money with bitcoin at xCoins. Earn high commission on each transaction. Start with as little as $20.00. Nationals of all countries are welcome.

xCoins is a peer-to-peer service for secured bitcoin lending with instant approval. Unlike sites where you need to deposit cryptocurrency as collateral and receive fiat on its basis — here the collateral is fiat, and the loan is issued in bitcoins. Accordingly, those who want to earn interest on their cryptocurrency, deposit bitcoin to their accounts, which is later used for lending.

Until recently, xCoins was the only platform through which you can legally purchase Bitcoin through the PayPal payment system.

Features of the xCoins platform

Any user can be either a borrower or a lender. When a borrower requests a loan, the xCoins platform automatically matches it with a suitable lender. The borrower transfers funds directly to the lender according to its details. After confirming the payment, BTC is automatically transferred to the borrower's wallet.

  • The interest rates are set independently by the creditors. The recommended level is 15%.
  • The duration of the application approval is usually a few minutes, but it can take up to 3-12 hours, depending on the time of its creation. All subsequent transactions are instantaneous.
  • The main payment system is PayPal. Accordingly, all payment methods that are supported by PayPal are accepted (credit and debit cards, PayPal balance, eCheck, bank accounts).
  • The lender must have a verified PayPal account. There is no such requirement for the borrower, you can make a deposit directly from the card.
  • All loan amounts are denominated in US dollars. In case of a change in the Bitcoin exchange rate, you will need to return an amount equivalent to that received in US dollars.To return the loan, you must contact the lender directly and agree on a method of repayment.

The PayPal payment system allows you to dispute a payment. If any of the counterparties tries to do this, the lender must provide the administration with confirmation of the operation from the xCoins personal account. The evidence will help win the dispute and save the funds received.

Lending

The interest rate on the loan is paid together with the collateral as a one-time payment The amount of interest payment does not depend on the duration of the loan program. Lenders set interest rates themselves, and then expect feedback from borrowers.

To get a loan, you need to click Get Bitcoin and study the offer that the xCoins system issued. Only one option with the most favorable interest rate will be selected. Such limited offers create competition, and lenders try to offer the lowest rate.

The loan is returned in a lump sum at any convenient time. At the same time, all the collateral funds are returned back. In addition to interest, the borrower must also pay a commission of 2.9% of the amount + $0.30.

If no offer is available, then try to specify a different amount. The easiest way is to get a loan for a round amount ($20, $ 50, $ 100).

Deposits

For lenders, xCoins is a free platform, no commissions are charged from the amount.

The lender sets its own interest rate based on how much it would like to earn from the transaction. It is recommended for beginners to set 15% for the beginning, and then, depending on market conditions, increase or decrease it.

The lender needs a working verified PayPal account to use the system. Borrowers will send collateral and interest payments to their PayPal account.

To get started, you need to top up your xCoins account with bitcoins, and then wait for responses from potential borrowers. Most requests are in the range of $50.00 – $500.00, so creating such an offer guarantees the fastest response (1-2 hours).

Deposit and withdrawal of funds

Payment methods for collateral on the xCoins platform:

  • Credit cards: Visa, MasterCard, American Express, Discover;
  • debit cards;
  • bank account (ACH);
  • eCheck;
  • PayPal Credit;
  • PayPal Balance.

Bitcoin withdrawal by both lenders and borrowers is possible to an external BTC wallet.

Safety

The xCoins platform is designed in such a way as to ensure the security of both sides of lending. The borrower receives offers only from those lenders who have enough bitcoins in their account to satisfy the request. All the processes of transferring BTC after payment to PayPal are fully automated.

The site's security is provided by GeoTrust SSL certificates. All communications between the browser and the site servers are private and are securely protected by 256-bit encryption. It has a True Site tag, which indicates that authentication was passed.

Payment Card Industry Data Security Standard (PCI DSS) is responsible for the security of payments, the standard for data security in the payment card industry, on the basis of which Visa, MasterCard, JCB, American Express, Discover systems operate.

Conclusion

The company xCoins has received a lot of positive feedback during its work. Users note the honesty and transparency of operations, good opportunities for passive income, maximum simplicity of all actions, instant confirmation of applications. The disadvantages include a slow response from the support service on weekends, although this does not affect the productivity of communication.


SmartCredit

SmartCredit.io - Crypto loans and DeFi Fixed Income Funds. Crypto Loans with low collateral ratio to the borrower. Transferable and tokenized Crypto Loans for the lender. Fixed Income Funds for investors.

SmartCredit.io’s decentralized peer-to-peer global lending marketplace connects lenders and borrowers without intermediaries. Lenders offer their funds, and borrowers borrow the funds on the global marketplace. You can borrow or lend.


MyConstant

Invest in P2P Lending with USD or Crypto - MyConstant. Among peer-to-peer lending websites for online investments in the USA, MyConstant is a great lending platform for you to invest directly online today.

MyConstant is a multi-market P2P investment platform based in the US. It offers two different investment products with interest ranging from 4% APY to 9% APR. You can lock your money away for 1-6 months for the best rates or choose anytime-withdrawals for flexibility. There are no fees, 24-7 customer support across email, telephone, and social media. MyConstant also provides a free library of resources to achieve your financial goals, fast.

MyConstant is a new crypto-backed P2P lending platform offering exciting interest rates for borrowers. MyConstant cuts the cost of international transfers, slashes loan processing times from days to minutes, and allows you to take out loans against 70+ different cryptocurrencies.

  • Interest rates start from 6% APR and are no higher than 7% APR.
  • Borrow any amount for 1, 3, or 6 months.
  • No credit scoring or background checks.
  • All funds are immediately accessible.
  • On MyConstant you can easily onboard from USD to crypto.
  • Can get a loan against multiple cryptos at the same time.

Products and Benefits



Instant access (where you’ll earn your 10%)
Crypto-backed
Crypto Lend
ProtectionCollateral put up in a third-party lending poolCollateral put up by MyConstant borrowersMyConstant will indemnify you in certain cases
Interest rate4% APY6-7% APR4% APY
Interest paidEvery secondAt the end of the termEvery second
TermNo term30 / 60 / 180 daysNo term
WithdrawalAnytimeAt the end of the termAnytime
Minimum investment10 USD50 USD0.001 BTC
Maximum investmentNoNo5 BTC worth of each supported token
End term early?N/AYes, and you earn 2% APR on elapsed timeN/A
Suitable forNovice investors, new customers, and those who need access to their moneyExperienced investors who can commit to a fixed term for a better rateLong-term cryptocurrency holders who want to earn a return on their idle assets

How does MyConstant investing work?

When you invest with MyConstant, you first send your funds (fiat, such as US dollars or stable coins) to MyConstant's Prime Trust custody partner, an accredited US financial institution.

Prime Trust then converts your funds into the appropriate stable currency, which MyConstant then lends on your behalf to borrowers, liquidity pools and decentralized exchanges in exchange for interest.

When you are ready to withdraw funds, Prime Trust will convert your invested stable coins back into the appropriate currency of your withdrawal request. There are no fees or charges for withdrawing funds in fiat (US dollars, etc.). You will keep the earned interest until the withdrawal of funds.

You can choose an instant access account or invest for a certain period of time. The Instant Access account has a 24-hour validity period, which is automatically renewed every 24 hours, unless you decide to disable the product or withdraw your funds.

All MyConstant investment product account statements are always indicated in the equivalent in US dollars.


Lend

Earn Highest Returns on Your Crypto Investment - Lend at Hodl Hodl. Bitcoin Loans. Invest Cryptocurrency. Simple and Secure Crypto Loans. Lend and Borrow Globally and Anonymously. Earn Cryptocurrency.

Lend at Hodl Hodl is a Bitcoin-backed global P2P non-custodial lending platform. It allows you to lend and/or borrow from others anonymously, on your own terms.

Lend at Hodl Hodl allows lending and borrowing with bitcoins and cryptocurrencies, and is based on Bitcoin multisig smart contracts, which ensure a secure and transparent collateral storage system. Lending platform ensures safety by providing unique multisig escrow for each contract created.

What is Lend at Hodl Hodl?

Lend at Hodl Hodl is a P2P Platform that provides an opportunity for its customers to place Lending and Borrowing Offers. As a result, customers are able to Lend or Borrow Cryptocurrencies without selling their Bitcoin, using it as Collateral instead. The underlying technology works the same as in the Hodl Hodl trading Platform. The Lending Platform is based on multisig smart Contracts and allows clients to find their counterparties through the Offers placed on the Platform.

The Platform allows customers to find an Offer to either Lend or Borrow specified amounts of Cryptocurrencies for a specified interest rate within a specified period of time. No third-parties are involved. No KYC or other verification is required to Lend or Borrow.

The Platform ensures safety by providing a unique multisig escrow for every Contract created. Two out of three keys are needed to release the Collateral (Bitcoin) from the multisig escrow – one belongs to the Borrower, another belongs to the Lender, and the third belongs to the Platform.

Interest rates, and all other terms, are set by the customer. No hidden rates apply.

How does Lend at Hodl Hodl work?

  • Contract is created and Platform generates a unique escrow.
  • Borrower deposits Bitcoin as Сollateral into the escrow, directly from their wallet.
  • Lender transfers the Loan amount to the Borrower, as according to the Contract.
  • When the Loan is repaid, the Lender releases the Bitcoin back to the Borrower's wallet.

Why should I use Lend at Hodl Hodl?

Here are some of Lend at Hodl Hodl advantages:

  • You don't have to sell your Bitcoins
  • Multisig escrow addresses – secure, proven, and actively used as a Collateral storage system
  • No third parties involved
  • Short-term Loans available
  • Minimum Loan amount – 50 USD equivalent
  • No credit checks
  • Transparent process, no hidden fees

How much does it cost to use Lend at Hodl Hodl?

Lend at Hodl Hodl's Origination fee varies from 0.5 to 1.5% of the Loan amount depending on the contract period, it is paid by the Borrower, and is locked in the multisig escrow address along with the Collateral. Commission will automatically be charged after the Contract comes into force. The following Origination fees apply for the given terms:

  • 1 day: 0.5%
  • 1 week - 5 months: 1%
  • 6 months - 12 months: 1.5%

The type of collateral is Bitcoin.

What Cryptocurrencies are available at Lend at Hodl Hodl?

BTC Liquid, BUSD Eth, BUSD BEP-20, DAI, PAX, USDT Omni, USDC, USDT Tron, USDT Eth, USDT Liquid, WBTC. 

What are the interest rates?

Interest rates are set by you or your counterparty, and are set for the whole loan term. For example:

For the Lender.

You lend 1000 USDT at 3% for 1 month, at the end of the period you will receive 1000 USDT + 3% (30 USDT) = 1030 USDT. In case you lend 1000 USDT at 3% for 5 months – you will still receive 1030 USDT by the end of the loan, since the interest rate is set for the whole period.

For the Borrower.

You choose to borrow 1000 USDT for 1 month at 3%, this means that at the end of the period you will need to repay 1030 USDT despite the fact that you may have repaid the loan earlier (in two weeks for example). In case you borrow 1000 USDT at 3% for 5 months – you will still need to repay 1030 USDT by the end of the loan, since the interest rate is set for the whole period.You set the terms!

What Loan durations are available?

Loan durations start from 1 day to 12 months. 


BTCPOP

BTCPOP - P2P Lending platform. Peer to Peer Bitcoin Banking, Lend and Borrow Bitcoins. Investment Pools. Initial Public Offerings.

The BTCPOP peer-to-peer platform offers instant loans, loans secured by cryptocurrency, staking pools, and an exchange service. The platform supports a large number of popular coins, allows you to get secured loans without contacting traditional banks.

Features of BTCPOP:

  • Instant loans from 15% per annum.
  • Peer-to-peer loans with conditions set by the user, in the amount of 0.01 to 500 BTC.
  • Conducting an IPO (initial public offering) to finance startups. Anyone can submit an application, and the platform's employees will consider it and, if they consider the project promising, approve it.
  • Staking of several dozen ERC-20 altcoins.
  • An exchange service where you can quickly exchange different coins, including Litecoin, Curecoin, Black, etc.
  • BTCPOP vouchers are a simple and secure way to transfer bitcoins inside the platform. 0.5% of the amount is charged for creating a voucher.

The platform does not work with fiat, only cryptocurrency assets are supported.

Loans

You can take a loan for BTCPOP only after verifying your account (full verification of your identity and address costs €2.40). You will need to provide some personal information (first name, last name, date of birth, address), as well as upload identity documents and place of residence. In addition, it is recommended to link a mobile phone and accounts in social networks (Google, Facebook, Twitter and LinkedIn). The confirmation will take some time (up to 20 days); the status of the application can be tracked on the verification page, on the "Documents" tab. After confirmation, all BTCPOP services become available.

Types of loans supported by the BTCPOP platform:

  • User personal loans. The participant chooses the appropriate interest rate and maturity dates for him. The service charges an additional commission from the creator of the application.
  • Custom personal loans with collateral. In this case, the participant must confirm their solvency by making a deposit in altcoins. If it is not possible to repay the loan, you can always sell the collateral, sometimes even at a profit. An additional bonus is that altcoins that are in the role of collateral also earn income from staking.
  • Instant loans. They are opened after the user has taken and repaid secured loans for a certain amount.
  • IPO. A type of loans for organizations that want to receive funds for their development. When launching an IPO, a participant creates tokens (shares) that other participants will buy, thereby financing the project. When the IPO is completed, the owner can either burn the unsold tokens, or save them for sale in the future. The IPO owner guarantees the token holders monthly dividends from the profit.
  • Bonds (bonds). A cross between a user loan and an IPO. The bond issuer pays each owner an interest payment for each unit and every month until all the bonds are redeemed or their working time expires. During this time, the borrower must redeem them.

Having received a loan for BTCPOP, it must be returned on the terms of the lender. If there are problems with repayment, you can always contact the user who issued the loan and find a compromise.

The terms and commissions of the service are as follows:

  • Placement of a user loan - from 1%
  • Making an instant loan: without collateral (30% per annum) - 4%, with collateral without verification (25% per annum) - 3%, with collateral and verification (15% per annum) - 2%.
  • Bonds (bonds). 1% for listing, 0.25% for trading.
  • IPO — 1% for placement.

Earn

You can earn money on BTCPOP in the following ways:

  • Give your funds on credit to other users at the percentage you choose and for the desired period.
  • Staking. Store altcoins in your wallet (120+ coins are supported, both known and rare). The platform charges a 2% commission on users ' profits.
  • Cranes. Make a profit in the selected currency every 30 minutes by solving the captcha.
  • Participate in an IPO or purchase bonds, and then receive dividends on them.

Previously, the platform also supported working with a savings interest account, but this feature is removed in 2020. Fans of trading can also earn income from operations on the built-in exchange. The trading commission is 0.25%.

Deposit and withdrawal of funds

BTCPOP supports the input and output of 170+ cryptocurrency assets.

Replenishment takes place without a commission (except for the blockchain commission), by a simple transfer from an external wallet to the generated address in the system.

There are commissions for withdrawal. They are different for each currency. So, for the withdrawal of Bitcoin, 0.000525 BTC is charged, Ethereum-0.001 ETH, etc.

Safety

BTCPOP, unlike many other companies, does not use the services of third-party custodians or intermediaries for storing funds. User coins are stored in cold wallets, and only a small part of them is available through hot wallets.

The user can additionally secure his account-enable two-factor authentication, set a secret phrase, activate e-mail confirmations when logging in from a new IP or a new browser, make lists of trusted and prohibited IP addresses. In the security settings, statistics of recent logins to the account are kept (information about the browser, location, IP address).

Conclusion

BTCPOP is best known in the crypto community as an aggregator of cryptocurrency cranes, but, as you can see, it offers many other opportunities. The disadvantages include a very confusing interface and a lot of paid functions. What we are already used to seeing for free on other sites should be paid for here — full account verification, withdrawal of funds, creation of vouchers. BTCPOP has different reviews, but there are no cases of cheating users. Therefore, this platform can become one of the options for crypto lending or passive income, if the conditions are satisfied.


Vauld

 Vauld | Build Wealth Automatically With Crypto. Manage Your Crypto, Seamlessly. Lend, borrow & trade with Bitcoin (BTC), Ethereum (ETH), Tether (USDT) and other major cryptocurrencies. Buy & sell crypto and earn interest of up to 11.57% APY. Trade while continuing to earn high interest rates.

Vauld is a Singapore-based lending and borrowing platform. Vauld provides users with a customer-oriented banking solution using blockchain. Vauld is a platform to manage your crypto holdings. It enables you to lend & borrow, buy & sell and swap with all major cryptocurrencies. Currently, Vauld supports Bitcoin, Ethereum, XRP, BAT, XLM, USDT, USDC, BUSD, TUSD and DAI.

Deposit and Earn (Fixed Deposit Rates)

Vauld: Deposit and Earn (Fixed Deposit Rates). Lend, borrow & trade with Bitcoin (BTC), Ethereum (ETH), Tether (USDT) and other major cryptocurrencies. Buy & sell crypto and earn interest of up to 11.57% APY. Trade while continuing to earn high interest rates.

Vauld offers to earn one of the highest interest rates in the industry on major cryptocurrencies. Interest is accrued daily and paid weekly on all your tokens.

  • Withdraw any amount at any time, as long as you earn interest.
  • Sign up for fixed deposits to earn higher interest rates. 
  • Refusal to participate with zero penalties.
  • The earned interest is accrued every week or at the end of the term of the term deposit.
  • Take a low-interest loan against your existing crypto assets. 
  • Trade on a deep order book with all supported tokens. 
  • Buy and Sell Crypto.

Earn interest on your bitcoins and other crypto assets

Vauld allows you to earn interest on your bitcoin and other cryptocurrencies as soon as you deposit your funds. Interest is accrued daily, and payments are made weekly. You can withdraw money at any time.

The minimum deposit is tokens in the amount of $ 1. The maximum deposit is not limited. Tokens are instantly reflected on your account, with the exception of bitcoin, which usually takes from one to six hours.

Fixed deposits offer higher interest rates. The blocking period can be one, three or six months, and there is no penalty for refusing it. If you refuse, you will receive fixed basic interest rates for the period during which you have made a deposit.

To receive interest, the funds must be present in the Vauld wallet. You can use external wallets, such as Metamask and Trust.

Interest is accrued every week or at the end of the semester. The interest rates are different for each token. There are three different types of rates – Savings, Fixed deposit and Borrowing rate.

Crypto-Lending

You can take out crypto loans at low interest rates, using your existing crypto assets as collateral. The loans will be approved instantly, and the tokens will be deposited. You can borrow up to 66.67% LTV. There are no additional fees or a fixed number of installments.

The minimum loan amount is $ 100. Loans are offered with a collateral ratio above 150 %, and the collateral is liquidated as soon as it reaches 100%.

User experience

Vauld provides a user-friendly interface for beginners. The app is also available on Android and iOS. You can check your transaction history and filter it according to your needs.

Vauld provides you with a customizable dashboard for managing and tracking your funds.

Safety

Vauld uses multi-factor authentication to protect your account. They use Google Authenticator to get a dynamically changing password that you must enter whenever you perform any critical action on the platform. It is not enabled by default.

Vauld's partner in the custody of BitGo, one of the most reliable custodians in the crypto industry.

Lloyd London insures them for $ 100 million against threats.

Fee

For each token, there is a minimum deposit, a transaction fee, a minimum and maximum withdrawal of funds. There is no deposit fee.

All withdrawals are processed instantly. If the withdrawal amount exceeds $100 thousand, it is checked manually with the help of the Vauld manager for additional security. The verification is completed within six hours.

Vauld follows a maker-taker model. There is a minimum trading amount for every pair.

Conclusion

Vauld is a dynamically developing, reliable, secure platform for crypto lending, borrowing and trading, which helps you easily manage your crypto assets; provides value accumulation, capital growth, ease of spending and cryptocurrency exchange. The user-friendly interface helps beginners to get started, and experienced users to effectively use all the functions of the platform. 

Detailed information about the company, the commission for depositing and withdrawing funds, as well as the commission for trading is available on the official website of Vauld.


HARU Invest

Haru - Keep Your Crypto Asset Smart. Earn up to 16% on BTC, ETH, and USDT. Flexible lockup with daily earnings. Crypto In, More Crypto Out. It's that simple. The best way to grow your crypto asset is here. Effortless yet stable. That’s how your earnings should be.

Haru is a digital asset investment platform that offers an interest-bearing crypto deposit service and fund service. 

Demand for Haru, the Block Crafters service brand, has grown. Since many people from more than 30 countries have recently been looking for Haru services, the number of Haru users has exceeded 15,000.

So, if the price of bitcoin is rising, why are people focusing on cryptocurrency funds? The answer lies in time. To buy a cryptocurrency when the price is low and sell it when it rises, you need to constantly check prices and study various trading strategies. Cryptocurrency funds take care of all this for investors. You only need to entrust the cryptocurrency to the fund and no longer need to monitor alerts 24/7. However, such crypto funds as CoinShares and Greyscale can only be used by institutions making large investments. Haru offers products not for institutions, but for "all of us". 

Haru Invest, the only crypto fund accessible for regular individuals 

Haru products are open to everyone. Investments start at just $ 10, and there are no separate requirements for investor certification.

Haru Earn Products

Product Name
Haru Earn
Haru Earn Plus
Product Type
Non Fixed-duration Earning ProductFixed-duration Earning Product
Description
Earn daily without locking up your assets. Withdraw anytime Lock it up as long as you want, earn more. Withdraw your earnings anytime you want 
Asset Type
Bitcoin, Ethereum, Tether USDBitcoin, Ethereum, Tether USD
Lockup PeriodNot RequiredCustomized between 15 to 365 days
Minimum deposits
Bitcoin (BTC) : 0.0001 BTC Ether (ETH) : 0.005 ETH Tether (USDT) : 1 USDT Terra (KRT) : 1,000 KRTBitcoin (BTC) : 0.0001 BTC Ether (ETH) : 0.005 ETH Tether (USDT) : 1 USDT Terra (KRT) : 1,000 KRT
Maximum deposits
Unlimited (However, the interest generated to assets up to 5 BTC or in the equivalent amount of other cryptocurrencies)Unlimited
Payout Frequency
DailyDaily
Earn Rates
Varies (Biweekly Notice)Varies (Biweekly Notice)


Haru's products are simple. If you deposit Bitcoin (BTC), Ethereum (ETH), Tether (USDT) or Terra (KRT), Haru pays interest. If you want to freely choose the deposit period, choose Haru Earn, and if you want a higher percentage, choose Haru Earn Plus, which has a fixed deposit period. For aggressive investors looking for additional profit, the Haru Invest cryptocurrency fund offers an attractive option.

Haru - Keep Your Crypto Asset Smart. Earn up to 16% on BTC, ETH, and USDT. Flexible lockup with daily earnings.

The main product of Haru Invest (BTC) has a competitive goal of paying interest on repayment when blocking bitcoin for 3 months. Meanwhile, Haru Invest (USDT) is a product for those who are looking for profit by holding a stable Tether coin. Since this is a stable coin, the risk of losing the principle is relatively small. The Haru Invest USDT (Surf with Volatility) product is aimed at a significant annual rate of return. In addition, Haru Invest charges a performance fee of 15% of the total profit if the annual income rate is at least 15%. The minimum blocking period is one month, which can be extended if the user wants.

If you are an investor who wants to make a stable profit just by going about your daily life, then the Haru service is worth considering.


Lendary

Lendary. The future of high-yield lending. Less risk, more control. Automate USD lending on crypto exchanges and earn daily interest rates and monitor everything in real-time in your personal Lendary Dashboard. Get started today!

Lendary is a fintech company that has revolutionized margin lending in the crypto markets with the help of automated peer-to-peer lending.

Lendary enables investors to earn passive and fixed income from the cryptocurrency space without directional crypto exposure. Lendary automates margin lending with provision of capital to margin traders in a fully controlled environment on one of the largest cryptocurrency exchanges. A robust liquidation technology ensures that the capital is paid back to Lendary users with earned interest regardless of the margin traders wins or losses.

Simply put, Lendary allows investors to act like a bank, lending money to margin traders who pay interest in return, creating a constant stream of fixed income, all of which can be tracked via a personalized dashboard.

How Does Lendary Work

How Does Lendary Work

Lendary itself is one of the leading software service in the space. They automate and optimize margin funding on behalf of their users and they support their users in all related activities (account setup, financial accounting, deposits and withdrawals etc.). Their main role however is provide a software that makes sure that lenders’ capital is always fully deployed at optimal rates. Their current focus is on US dollar lending which makes them even more attractive for traditional investors who want to have exposure in an alternative fixed income product but who are not interested in the crypto space per se. After signing up on Lendary, there is an easy-to-use onboarding guide that leads users through the account setup and provides an individual dashboard where they can monitor their lending activity. Overall, Lendary is a good example of selling shuffles to gold diggers, generating reliable, uncorrelated returns without bearing too much risk.


TIDEX

USDT Loans | Bitcoin loan | TIDEX Crypto Backed Loans. Tidex Crypto Loans - Get a loan USDT credit backed with your BTC. TIDEX offers best crypto backed loans and interest-earning accounts. Get a crypto loan with cryptocurrency as collateral. Borrow crypto on TIDEX

VELIC

VELIC: Total Digital Asset Financial Service | Cryptocurrency Exchange, Crypto Loans

VELIC Platform provides a comprehensive solution for crypto-assets that delivers highest quality crypto-related services under a single integrated-user-account.

VELIC is a crypto-financial services platform focused on maximum security. By focusing on security, VELIC aims to change the cryptocurrency financial experience for everyone. 

VELIC's services are built on an innovative secure storage infrastructure that simultaneously offers exceptional security and availability. VELIC uses the "Secret Sharing" protocol to ensure the security of the organization. 

Financial services include asset management, loans, and storage services.

VELIC Loan Product: "Loan M" (Maximize your profit. Various Collaterals. Extra Discount)

  • Max. Loan Amount - 20,000 USDT
  • Min. 100 USDT | Max. 20,000 USDT | Account Limit 20,000 USDT
  • Min. APR - 18.00 %
  • LTV - 20 %
  • Collateral - ICX, QTUM, ATOM, BTC
FeaturesVarious Collaterals, No Price ceiling
Loan Terms2 months
Loan AmountMin. 100 USDT ~ Max. 20,000 USDT
Max. amount is the maximum limit for "Loan M" per each account
Loan-To-Value (LTV)20%
LiquidationLiquidation will be triggered when the collateral's value drops to the pledged liquidation level.
Annual Percentage Rate (APR)18%
Interest PaymentPrepayment
Repayment MethodFull repayment at maturity
Repayment Period:
- Applicable before 3 business days prior to the maturity date.
- No auto repayment regardless of asset in your account and liquidation penalty will occur.
Early RepaymentNot available
Overdue Liquidation PenaltyCollateral Amount * 1.5%
- Liquidation penalty to resolve missed payment after the maturity date.
Application Fee5,000 VELT (Promotional Exemption)
Business Hours24/7 (No holidays)



POKKET

Built by finance professionals, POKKET offers interest earning savings account service on your digital assets. Select from over 30+ assets and grow your wealth.

POKKET is a platform that offers structured savings products for dozens of different cryptocurrency tokens.

Each of POKKET’s structured saving plans last for exactly one week, after which they will be settled. These plans come in three different flavors. Customers can either choose to create their savings plan in any of the more than 50 supported cryptocurrencies, or they can choose to have their returns paid out in Tether (USDT) or True USD (TUSD). Once a customer has selected their account type and the underlying asset, they’ll then be locked in for one week accruing interest.

Depending on the performance of the underlying asset they choose, these savings products will be settled after one week in one of two ways. The savings amount will be paid out either in the original underlying token or in stablecoin. If the market price of the token after 7 days is at least 91% of its value at the start of the period, then the return will be paid out as the original savings asset (e.g. token or stablecoin) plus the additional interest in stablecoins.

Alternatively, if the value of the underlying asset is at or below 91% of its initial value, then the customer will be paid out in the underlying cryptocurrency purchased at a discount, plus the interest on top.

Although POKKET users are technically sellers of put options, they don’t need to worry about actually handling any of the leg work. Instead, POKKET works directly with hedge funds to sell these put options on behalf of the customer, which then receives the option premium as their interest. These savings products are market-agnostic and hence allow customers to turn a healthy profit irrespective of the prevailing market conditions.

Currently, the line of supported assets includes most of the largest cryptocurrencies by market capitalization - Bitcoin( BTC), Ethereum (ETH) and Chainlink (LINK), in addition to dozens of popular ERC20 tokens.Customers can either deposit the underlying cryptocurrency directly to open a savings plan, or can opt to open their plan with Tether or True USD, and instead track the underlying cryptocurrency instead.

On average, POKKET’s structured savings products boast an APR of 30%, but this currently varies between 2.6% and 416%, depending on the underlying cryptocurrency selected and the prevailing market conditions.

Built by finance professionals, POKKET offers interest earning savings account service on your digital assets. Select from over 30+ assets and grow your wealth.

POKKET's products and interest rates

  • Simple Saving - Straight Lending

Simple Savings are suitable for longer-term investments as the savings are not tied to market movements.

Select from Bitcoin, Ethereum, Chainlink and stablecoins such as USDT, USDC and TUSD, and earn 3.25% - 12.00% (APY) interest on them for 14, 30 or 90 days, without worrying about market conditions or token conversion. 

  • Token Structured Saving

Token Structured Savings are suitable for short-term investments as the savings can mature in the underlying stablecoin depending on market movements. It's a call option product that earns high interest with high risk.

Select from list of 93 popular cryptocurrencies, hold for one week, and earn 6.89% - 711.48% (APY) interest on them depending on market conditions.

  • Stablecoin Structured Saving 

Stablecoin Structured Savings are suitable for short-term investments as the savings can mature in the underlying token depending on market movements. It's a put option product that earns high interest with high risk.

Select from USDT, USDC and TUSD stablecoins, with underlying token combination from list of 93 popular cryptocurrencies, hold for one week, and earn 6.73% - 582.49% (APY) interest on them depending on market conditions.

Earn 15% Interest on USD & more on digital assets. Visit to POKKET for learn more!

POKKET takes the security of its users and their funds extremely seriously. To ensure that customers are protected at all times, POKKET overcollateralizes all deposits by 110% and uses a combination of cold storage and stringent manual checks on every withdrawal to detect and thwart any suspicious activity.

Conclusion

Built by a team of finance professionals, POKKET is a new savings account service for digital assets. It provides crypto holders with new and innovative products to earn passive income. Users can earn interest returns on their crypto assets. The platform offers many products to earn passive income, including new structured products, which are designed in a way that they can earn a handsome amount of interest during market volatility. What sets it apart from others is its wider token selection and higher interest rates. Getting started with POKKET is super easier than its competitors in the market. Also, POKKET supports more than 30 assets and doesn’t charge you any fees.


Nexo

Nexo - Unlock the Power of Your Crypto. The Leading Regulated Financial Institution for Digital Assets

Nexo is the world's largest and most trusted lending institution in the digital finance industry. Since 2018 Nexo has strived to bring professional financial services to the world of digital assets. Leveraging the best of the team's years of experience in FinTech along with the power of blockchain technology, Nexo empowers thousands of people to harness the value behind their crypto assets, shaping a new, better financial system. Nexo currently manages assets for 1,500,000+ users across 200 jurisdictions.

The Nexo platform has assets of $ 15 billion. 

The company’s mission from day 1 is to maximize the value of digital assets by offering tax-efficient ‘Instant Crypto Credit Lines’, high-yield ‘Earn Interest’ products and ‘Send & Pay’ capabilities for our clients, while ensuring the $375 million custodial insurance and military-grade security of the Nexo Account.  

Follow this link, join Nexo, top up your assets with $100 or more, and get a reward of $ 10 in BTC.

Nexo Products

  • Buy Crypto
  • Earn on Crypto
  • Earn on EUR, GBP and USD
  • Borrow
  • Exchange
  • Nexo Card

Earn 12% on Crypto with daily compound interest and zero fees 

Supported Assets and Rates

20 available cryptocurrencies, including BTC, ETH, LTC, stablecoins and more.

Nexo - Supported Assets and Rates. 20 available cryptocurrencies, including BTC, ETH, LTC, stablecoins and more.

Nexo’s crypto interest account allows you to grow your crypto securely with up to 12% interest. You can earn compounding interest on 20 cryptocurrencies, including BTC, ETH, LTC, stablecoins, and more held in your account.

To start earning on your digital assets:

  1. Open the Nexo platform or the Nexo Wallet App.
  2. Complete your verification.
  3. Buy or transfer assets into your wallet.

You’re all set! Now you’re earning daily interest that automatically goes into your Savings Wallet.

Note: You’ll start earning interest at least 24 hours after your transfer. Also, assets held in your Credit Line Wallet (i.e. assets being used as collateral) will not earn interest. 


How does crypto earn interest

One way to earn passive income on your digital assets is via interest accounts and lending platforms. This way you will be able to earn interest on your crypto without having to trade the markets using an exchange.

Your interest rate is determined by:

1. Your Loyalty tier, which in turn depends on the ratio of NEXO Tokens against the balance of other assets in your portfolio. The requirements for each tier are as follows:

  • Base: No NEXO Tokens are needed.
  • Silver: At least 1% of the Portfolio Balance in your account must comprise NEXO Tokens.
  • Gold: At least 5% of the Portfolio Balance in your account must comprise NEXO Tokens.
  • Platinum: At least 10% of the Portfolio Balance in your account must comprise NEXO Tokens.

Nexo Loyalty Levels

Your Loyalty Level is based on the ratio of NEXO Tokens to the other assets in your account

Nexo Loyalty Levels - Your Loyalty Level is based on the ratio of NEXO Tokens to the other assets in your account

2. Whether you choose to receive your interest in kind or NEXO Tokens:

  • Earning in kind means you receive your interest payments in the currency you’re earning on.
  • Earning in NEXO means you receive interest payments in NEXO Tokens and benefit from an extra 2% interest on all your holdings.

You can calculate your daily interest as shown below:

Daily Interest = Principal amount (in the original cryptocurrency) x (interest rate/365)

Note: Your interest rate will change depending on the ratio of NEXO Tokens to other assets in your portfolio and whether you decide to earn interest in NEXO or in kind.

Learn more about our interest rates here


How to get the highest Nexo interest rate.

To receive up to 12% interest on your fiat currencies, you have to:

  • Become a Platinum Loyalty tier client by making sure at least 10% of your Portfolio Balance comprises NEXO Tokens.
  • Opt to earn your interest in NEXO Tokens for an additional 2% interest.

Example

  • Value of assets in your Saving Wallet: $10,000.
  • Value of NEXO Tokens required for you to get the highest interest: min. of $1,000 in NEXO Tokens.

To activate Earn in NEXO:

  1. Open the Nexo platform or the Nexo Wallet App.
  2. Click on the “Settings” menu in the “My profile” section.
  3. Activate the option to Earn in NEXO.

Security of digital assets on the Nexo platform

Nexo promises users maximum security of digital assets by using the latest security measures and protocols to protect your confidential data. The security of the assets stored in your Nexo account is guaranteed by industry-renowned custodians and leading competent authorities.

The first step to maximizing the value of your cryptocurrency with Nexo is to place digital assets in your Nexo wallet.

Nexo keeps your assets safe with a multi-faceted approach to security, including:

  • $375M insurance from our custody partners via Lloyd’s of London and Marsh & Arch.
  • The finest custody solutions through leading custodians in the blockchain space, among which SOC 2 Type 2 certified BitGo, Ledger Vault, and other partners.
  • Military-grade 256-bit encryption and fraud monitoring mechanisms for the Nexo Wallet, guaranteeing the safety of clients’ funds.
  • ISO/IEC 27001:2013 accredited information security management systems.
  • 200–500% overcollateralized crypto credit lines. Nexo never issues credit on a non-collateralized basis, thus ensuring your funds are backed no matter how the market moves.

Earn up to 12% interest on EUR, GBP and USD, paid out daily

Earn up to 12% interest on GBP, EUR, and USD, following these three simple steps:

  1. Open the Nexo platform or the Nexo Wallet App.
  2. Complete Basic and Advanced Verification.
  3. Transfer your fiat into your Nexo account. Don‘t forget to use your unique reference code!

That’s it! You’ll instantly start earning interest as soon as the transaction is confirmed.

Note: The minimum top-up amounts are €1,000 for EUR, £10 for GBP.


Instant Crypto Credit Lines: Borrow cash or Stablecoins from 6.9% APR, without selling your Сrypto

Advantages Of Nexo Credit Lines

  • Starting from just 6.9% APR
  • Automatic approval, no credit checks
  • $375 million insurance on custodial assets
  • Credit lines available from $50 to $2 million
  • Credit line backed by multiple assets
  • Flexible collateral management

Supported Assets

Supported Assets. Get cash, keep your crypto using a variety of supported collateral options.

How to borrow. Opening ofthe Nexo Instant Crypto-credit line.

1. Top up supported assets

Click on the "Top up" button. Copy the top-up address and transfer the amount you wish to top up. 

2. A credit line becomes instantly available, no credit checks

Once you have added digital assets to your account, you will be able to open a credit line. Your available credit line limit will be calculated depending on the value of your assets. 

3. Start spending

Withdraw cash or stablecoins or start spending using the Nexo Card. You will be charged interest only on the amount you actually withdraw.


Nexo Card

The Nexo Card is the only card that allows you to spend the value of your digital assets without having to sell them.

The Nexo Card is the only card that allows you to spend the value of your digital assets without having to sell them.
  • Accepted worldwide by 40M+ merchants
  • Instant cashback on all purchases
  • Flexible repayment options
  • Free additional virtual cards
  • Payments in local currencies
  • No monthly/annual fees, no FX fees

The Nexo Card can be ordered and managed from the comfort of the Nexo Wallet App, giving you instant worldwide access to your credit line.

Nexo card features

  • Freeze and unfreeze your Nexo Card with a single tap
  • Receive instant notifications about all transactions
  • Create free virtual cards for safe online purchases
  • Monitor all your transactions in real-time
  • Get 2% cashback with all purchases (choose whether to receive your rewards in NEXO Tokens or BTC or toggle between the two right before making a transaction; all your cashback is automatically placed in your Nexo Account)  
  • View your PIN and change it at any ATM if needed

Learn more:

CRYPTO LENDING PLATFORMS: Bitcoin & Crypto-Backed Loans and Interest Earning Accounts >>>

CRYPTO LENDING PLATFORMS: Bitcoin & Crypto-Backed Loans and Interest Earning Accounts

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