Crypto Loans: Compare Rates, LTV & Fees

What Are Crypto Loans?

Crypto loans are secured loans that use Bitcoin, Ethereum, or another supported digital asset as collateral. The lender advances cash or stablecoins based on the collateral value and its LTV rules. You keep economic exposure to the asset, but the lender can sell collateral if the loan reaches its liquidation threshold.

How Crypto Loans Work

After verifying eligibility, you transfer supported collateral and choose a loan amount within the lender's LTV limit. Interest accrues according to the agreement. Repaying the principal, interest, and applicable fees releases the remaining collateral.

• Avoid an immediate sale: The asset secures the loan rather than being sold at the start of the transaction.
• Choose a borrowing level: The lender's maximum LTV sets a ceiling, while a lower starting LTV provides more room before liquidation.
• Receive loan proceeds: Payout currencies, funding times, and permitted uses depend on the lender and location.

How to Compare Crypto Loans

• Total cost: Compare APR, origination fees, withdrawal charges, late-payment terms, and the cost over your expected loan period.
• LTV and liquidation: Check the starting LTV, maintenance level, liquidation threshold, and any liquidation fee.
• Custody and eligibility: Confirm accepted assets, custody terms, identity requirements, and availability in your jurisdiction.

Compare Crypto Loan Lenders

The comparison above shows each lender's advertised loan rate, maximum LTV, accepted collateral, and origination fee. Results are ordered by the lowest published rate, not by a paid ranking. Verify the final offer directly because rates and eligibility can change.

Borrow Against Crypto

These platforms currently list Crypto as supported collateral or include it in their crypto-backed loan programs. Compare their terms above, then click through to confirm eligibility in your region.

Clapp FinanceBillzNexoNebeusLantern FinanceFigure MarketsArch LendingLednFirefishCoinRabbitLendProtocolAPX Lending

Crypto Loan Risks

Crypto loans can provide liquidity without an immediate sale, but the collateral remains exposed to price changes and lender-specific risks:

• Liquidation: A sharp drop in the value of Crypto can trigger a margin call or forced sale of collateral.
• Changing cost: Rates, fees, and repayment rules vary by lender, asset, term, and borrower eligibility.
• Custody and counterparty risk: A custodian, lender, or smart contract can fail. Review how collateral is held and protected.

Crypto Loan FAQs

Is taking a Crypto loan taxable?

Loan proceeds are generally not treated as income because the transaction does not sell your Crypto. Liquidation, fees, and local rules can create tax consequences, so confirm the treatment with a qualified tax professional.

What LTV ratio reduces liquidation risk?

A lower starting LTV provides more room for collateral prices to fall before a margin call or liquidation. Compare each lender's maintenance and liquidation thresholds rather than relying on one universal safe percentage.

How fast can I get a crypto-backed loan?

Timing depends on identity checks, collateral confirmations, lender review, and the payout method. Verify the lender's current funding timeline before depositing collateral.

What happens if crypto collateral is liquidated?

If the loan exceeds the lender's liquidation threshold, the lender may sell some or all of the collateral to reduce or repay the balance. The exact process and fees vary by lender.

Can US residents get a crypto loan?

Availability varies by lender, state, asset, and product. Confirm current eligibility directly with the lender before applying or transferring collateral.