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

Best Crypto Loan Accounts
PlatformInterest Rate (APR)Advertising Policy
Nexo

Bitcoin (BTC)

0.001%
Go
CoinLoan

Bitcoin (BTC)

20% LTV
0.1%
Go
YouHodler

Bitcoin (BTC)

50% LTV
13.5%
Go
Celsius

Bitcoin (BTC)

50% LTV
8.95%
Go
Ledn

Bitcoin (BTC)

7.9%
Go
BlockFi

Bitcoin (BTC)

20% LTV
4.5%
Go

Best Nexo Crypto Loans

Best Nexo Crypto Loan Accounts
CollateralInterest Rate (APR)Advertising Policy
0.001%
Go
0.001%
Go

Best CoinLoan Crypto Loans

Best CoinLoan Crypto Loan Accounts
CollateralInterest Rate (APR)Advertising Policy
20% LTV
0.1%
Go
XRP (XRP)

CoinLoan

20% LTV
4.5%
Go

Best YouHodler Crypto Loans

Best YouHodler Crypto Loan Accounts
CollateralInterest Rate (APR)Advertising Policy
Bitcoin (BTC)

YouHodler

50% LTV
13.5%
Go
50% LTV
13.5%
Go

Best Celsius Network Crypto Loan

Best Celsius Network Crypto Loan Accounts
CollateralInterest Rate (APR)Advertising Policy
50% LTV
8.95%
Go

Most favorable loan rates by crypto

CryptoNumber of PlatformsLowest Interest Rate (APR)Highest LTV
Bitcoin (BTC)6From 0.001% (Nexo)Up to 50% (Nexo)
Ethereum (ETH)6From 0.001% (Nexo)Up to 82.5% (Nexo)
XRP (XRP)3From 0.001% (Nexo)Up to 20% (Nexo)
Polygon (MATIC)2From 0.001% (Nexo)Up to 25% (Nexo)
Cardano (ADA)3From 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.