Cwallet crypto loan is a loan you can take out using your cryptocurrency as collateral. This means you borrow cryptocurrency from a lender by pledging your crypto assets (like Bitcoin or Ethereum) as security. Then you repay the loan with interest over a set period while regaining ownership of your crypto once the loan is fully repaid.

Cwallet supports popular options, often including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC), and other prominent cryptocurrencies.

The LTV ratio is the percentage of the loan amount compared to the value of your crypto collateral. For example, an LTV ratio of 50% means you can borrow up to 50% of the value of your crypto. Higher LTVs generally come with higher interest rates.

Interest rates for crypto loans can vary significantly based on Cwallet, LTV ratio, loan term, and market conditions. Typically, they fall below traditional loan rates but can still be higher than the interest earned on crypto investments.

Approval times can vary depending on the Cwallet and your application details. Some lenders offer quick approvals within minutes, while others might take several days or require additional verification.

No borrowing term limit, assets will continue to exist indefinitely, with no overdue.

If you fail to repay your crypto loan, the lender may have the right to sell your collateral to recover their losses. This could result in you losing your crypto assets, even if their value increases in the future.

The application process varies by lender but often involves creating an account, submitting your personal information, specifying your desired loan amount and term, and linking your Cwallet account to transfer your collateral.

You need to deposit enough crypto to the Cwallet account first, and then you can repay the crypto loan and interest from the Cwallet account.

Access cash without selling your crypto: Maintain ownership of your crypto assets while accessing immediate liquidity. Potentially lower interest rates compared to traditional loans: Enjoy competitive rates depending on the market and LTV ratio. Fast and convenient application process: Apply online and potentially receive approval within minutes.

While it's technically possible, it's generally not recommended. Crypto markets are inherently volatile, and using borrowed funds to invest increases your potential risk of loss.

Collateral: Crypto loans use your cryptocurrency as collateral, while traditional loans might require other assets like property or vehicles.