Crypto Loans
Quick Answer
SpectroCoin offers crypto-backed loans, allowing users to access financing without selling their cryptos. Users can use their Bitcoin (BTC), Ether (ETH), NEM (XEM), and Dash (DASH) as collateral, which would be paid back after the loan has been paid in full.
Crypto loans allow SpectroCoin clients to get a quick and safe crypto-backed loan easily. Users can borrow crypto and traditional currencies by pledging their crypto holdings as collateral. Users can deposit their Bitcoin (BTC), Ether (ETH), NEM (XEM), and Dash (DASH) as collateral. When it comes to withdrawal options, we support both crypto and traditional currencies, so in return for their collateral, users can withdraw a loan in Euro (EUR), Banker (BNK), Tether (USDT), Bitcoin (BTC), Ether (ETH), NEM (XEM) and Dash (DASH).
Crypto loans offered by SpectroCoin are an excellent choice for many reasons, one being the very high loan-to-value (LTV) ratio. We offer LTV ratios starting from 25% up to 75%. Choosing a high LTV is a riskier option; however, it allows the clients to get the biggest available crypto loan with their crypto collateral.
Our entry limit is the lowest on the market. So, clients can get a crypto-backed loan as low as 25 EUR or as high as 1 million EUR. At SpectroCoin, we have very competitive loan rates and no hidden fees, and if you have Banker (BNK) tokens, you will always get lower interest rates. Users are also free to repay any time before the maturity date without any penalties.
To learn more about SpectroCoin Crypto Loans, click here, visit our FAQ pages or the blog.
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