Instant Crypto Loans
Instant Crypto Loans latest news, images, analysis about WebBorrowing crypto on Binance is easy! Use your cryptocurrency as collateral to get a loan instantly without credit checks.
FAQs for Instant Crypto Loans
How quickly can I get a loan and get my crypto back?
The average period of giving loans and releasing collaterals is 5-10 minutes, depending on how fast our partner receives your deposit. Kindly note...Read more
Will the APR change during the loan time?
The annual rate of interest is 10%. This percentage is fixed, it will not change during the whole process. Remember, Guarda Wallet is only an inter...Read more
What if my phone number will be spammed or will go outside of your base?
There is no way for it to be possible. As you already know, our team (and so all of our partners) is especially careful about any sensitive data an...Read more
What if the collateral’s currency rate changes after I get a loan?
The collateral’s currency rate doesn't affect the amount of the loan buyback at the time of closing. You will receive the exact amount of collatera...Read more
How much is the service fee?
The service fee is 10% of on-chain rewards.Read more
What can happen with my collateral?
Our partner carefully keeps it safe for the whole period. Although, if the rate of the collateral currency reaches the LP (liquidation price), the...Read more
What happens when I deposit my collateral?
After your collateral deposit transaction is successfully confirmed, our partners process your funds through the automatic risk management system....Read more
How do Nexo’s Instant Crypto Credit Lines work?
Unlike a traditional loan that takes your credit score into account, Nexo offers crypto-backed credit lines where your digital assets act as collat...Read more
How quickly do I get my money?
The Nexo crypto-backed credit lines are instant and guaranteed, you will receive your funds on the same or the next day. The processing time is as...Read more
What is the interest rate?
Your interest rate depends on your Loyalty Tier, which is determined by the ratio between the value of your NEXO Tokens against the rest of your po...Read more
What is loan-to-value (LTV)?
A credit line’s loan-to-value (LTV) ratio determines the amount of crypto collateral you need in order to take out a crypto credit. LTV is calculat...Read more
What if the value of my collateral changes before I repay my credit line?
If your collateral's value increases , your credit line limit also goes up. You’re free to withdraw more or leave your current credit line as is. Y...Read more
How does Nexo keep my collateral safe?
Nexo is raising the bar for the entire blockchain space by utilizing the most rigorous KYC and AML policies, impeccable risk assessment, data prote...Read more
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