ACL crypto loan enables borrowers to use their bitcoin or Ethereum holdings as collateral to obtain a loan in either Bitcoin, Tether (USDt) tokens or US Dollars (USD).
Borrowers can choose between a variable interest rate based upon the Flash Return Rate (FRR) or a fixed-rate loan. The annual and daily interest rates, as well as total lending and repayment amounts, are automatically calculated by ACL based on the amount of digital tokeny put down as collateral, loan amount, borrowing period and preferred interest rate option. Borrowing rates vary from about 1% Annual Percentage Rate (APR) to about 4% APR*.
Users can make a partial or full repayment on both the principal and interest of the loan by moving funds back into their Margin wallet, thereby reducing their daily interest rate. Users will have to manage their own risk of fluctuating bitcoin or Ethereum prices.
While fully verified users will have full access to ACL crypto loan, users verified at the intermediate level will not be able to withdraw the borrowed funds from the platform.
BORROW INSTANTLY
Starting from jus 2% APR
Automatic approval, no credit checks
$720 million insurance on custodial assets
Credit lines available from $10000 to $40 million
Supported Assets
Get cash, keep your crypto using a variety of supported collateral options.
Bitcoin Ethereum XRP Bitcoin Cash Litecoin BNB EOS
Chainlink Stellar NEXO Token Tron Tether USD Coin PAX
How to Borrow
There’s nothing more efficient than opening an Instant Crypto Credit Line with ACL.
1
Apply
Click on the "Apply " button to submit a new loan application
2
A credit line becomes instantly available, no credit checks
Once you have submited your loan application and your ID, you will be able to open a credit line. Your available credit line limit will be calculated depending on the value of your assets.
3
Start spending
Withdraw cash or stablecoins. You will be charged interest only on the amount you actually withdraw.
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