Best Crypto Loans
If you’re looking for a pain-free way to manage your crypto assets and finance purchases big and small, then you’ll want to check out these crypto-backed loan accounts.
Tired of selling your crypto when you need cash? Imagine being able to use your Bitcoin or Ethereum as collateral for a loan. You could get cash in hand quickly and easily without having to sell your valuable crypto assets. Plus, you can keep them in your wallet and continue to benefit from their growth. There are a few different options available so it’s important to do your research before choosing a crypto-backed loan account.
We’ve compared 31 different accounts from 6 crypto loan platforms to compile the best options available, but each has its own benefits and drawbacks. Do you want the lowest interest rates? Or the highest Loan-to-Value (LTV) ratio? Here are some of the best crypto loans on the market:
Crypto Loans Roundup
| Platform | Loan To Value (LTV) | Interest Rate (APR) | Advertising Policy |
|---|---|---|---|
Nexo Bitcoin (BTC) | 0.001% | GoGo to site | |
CoinLoan Bitcoin (BTC) 20% LTV | 0.1% | GoGo to site | |
YouHodler Bitcoin (BTC) 50% LTV | 13.5% | GoGo to site | |
Celsius Bitcoin (BTC) 50% LTV | 8.95% | GoGo to site | |
Ledn Bitcoin (BTC) | 7.9% | GoGo to site | |
BlockFi Bitcoin (BTC) 20% LTV | 4.5% | GoGo to site |
Best Nexo Crypto Loans
| Collateral | Loan To Value (LTV) | Interest Rate (APR) | Advertising Policy |
|---|---|---|---|
Bitcoin (BTC) Nexo | 0.001% | GoGo to site | |
Polygon (MATIC) Nexo | 0.001% | GoGo to site |
Best CoinLoan Crypto Loans
| Collateral | Loan To Value (LTV) | Interest Rate (APR) | Advertising Policy |
|---|---|---|---|
Bitcoin (BTC) CoinLoan 20% LTV | Up to 20% | 0.1% | GoGo to site |
XRP (XRP) CoinLoan 20% LTV | 4.5% | GoGo to site |
Best YouHodler Crypto Loans
| Collateral | Loan To Value (LTV) | Interest Rate (APR) | Advertising Policy |
|---|---|---|---|
Bitcoin (BTC) YouHodler 50% LTV | Up to 50% | 13.5% | GoGo to site |
Ethereum (ETH) YouHodler 50% LTV | 13.5% | GoGo to site |
Best Celsius Network Crypto Loan
| Collateral | Loan To Value (LTV) | Interest Rate (APR) | Advertising Policy |
|---|---|---|---|
Bitcoin (BTC) Celsius 50% LTV | Up to 50% | 8.95% | GoGo to site |
Most favorable loan rates by crypto
| Crypto | Number of Platforms | Lowest Interest Rate (APR) | Highest LTV |
|---|---|---|---|
| Bitcoin (BTC) | 6 | From 0.001% (Nexo) | Up to 50% (Nexo) |
| Ethereum (ETH) | 6 | From 0.001% (Nexo) | Up to 82.5% (Nexo) |
| XRP (XRP) | 3 | From 0.001% (Nexo) | Up to 20% (Nexo) |
| Polygon (MATIC) | 2 | From 0.001% (Nexo) | Up to 25% (Nexo) |
| Cardano (ADA) | 3 | From 0.001% (Nexo) | Up to 33% (Nexo) |
Where to begin?
So, which is the best crypto backed loan for you? It depends on how much collateral you want to put up and your desired interest rate. Currently, it's possible to borrow with interest rates as low as 0.001% with Nexo. But all of the platforms we’ve reviewed offer a great way to get a loan without selling your crypto. Remember that as long as you pay back your loans on time, you can profit from both the appreciation of the collateral cryptocurrency and the loan itself.
Earn more with Bitcompare
The best deals, tools, reviews and tips in your inbox once a week.
No spam, unsubscribe anytime. Read our Privacy Policy.