Borrow funds against your crypto assets to get cash while you HODL
Input collateral amount to borrow against to see available cash to borrow. Your collateral is held by a qualified custodian and will never be rehypothecated.
Terms of your offer
Loan preview
Cash to Borrow
$58,644
Max. cash at 75% initial LTV
Interest Rate
11.50%
Based on current cash and collateral selection
Initial Loan To Value
64.00%
Monthly Payment
$486.77
Highest interest-only payment estimate
Offer Details
Input collateral amount to borrow against.
Cash to Borrow
$50,000
Interest Rate
11.50%
Initial Loan To Value
63.94%
Increasing your cash amount increases your LTV. Interest rates shown are based on current cash and collateral selection.
Terms of your offer
This is an interest-only loan with deferral. You will be required to make monthly interest-only payments or elect to defer interest payments until maturity. Either way, your principal plus any deferred interest are due in full at the end of the 12-month term.
Final Steps
Complete final steps to get your cash.
Verify Identity
Provide a photo of your ID to verify your identity
Disbursement Account
Specify the account you'd like us to send your funds to
Review Agreements
View and electronically sign important disclosures and agreements
Post Collateral
To finalize your loan, send collateral to secure your loan to your personalized deposit address with our custodian, Anchorage.
FAQ
Crypto-backed loan questions.
Term
12 mo
Max LTV
75%
Fee
2%
How does the crypto-backed loan work?
The crypto-backed loan allows you to put up crypto as collateral to access cash, while continuing to HODL. You can borrow up to 75% of the value of your crypto at a fixed interest rate of 11.5%. An interest rate of 8.91% is available if additional initial collateral is provided. Your collateral is held by our qualified custodian and will never be rehypothecated. You can make monthly interest-only payments over the course of your 12-month term, or opt to defer interest. Your remaining balance and any deferred interest is due in full at maturity. Once your loan is paid, any excess collateral and/or fiat will be returned to you.
What terms are available?
Currently, we only offer a 12-month term with interest-only monthly payments or interest deferral, and the full balance including any deferred interest due in full at the end of the loan term.
What collateral types are supported?
BTC and ETH.
How much can I borrow?
You can apply to borrow a minimum of $5,000 depending on the state you live in. There is no maximum loan amount.
Are monthly payments required?
This is an interest-only loan. Borrowers can opt to make monthly interest-only payments or defer interest until maturity (deferral may be subject to a fee). Either way, the loan balance plus any deferred interest is due in full at maturity. Loans can be repaid at any time with no prepayment penalties.
What is loan-to-value ratio (LTV)?
LTV (%) = Loan Amount / Value of Collateral. This ratio determines the amount of crypto collateral you need to post in order to take out a loan, and needs to be maintained over the life of your loan. You can choose to exceed the minimum collateral amount to protect against a margin call and having to top up your collateral or make a payment to get back to your initial LTV.
This is not a commitment to lend. Your approval for the loan terms shown here is subject to verification of your information and identity and receipt of required collateral. Programs, rates, terms, and conditions may change without notice.