I'm wondering about the amount of cryptocurrency that I can borrow. I want to know the limit or the possible range of how much crypto I can get through borrowing.
5 answers
AzureWave
Sun Dec 01 2024
The loan-to-value (LTV) ratio is crucial in determining the interest rate and the risk associated with the loan.
KDramaLegendaryStarlight
Sun Dec 01 2024
A lower LTV ratio usually results in a lower interest rate for the borrower, as well as a reduced risk of being margin called.
Riccardo
Sun Dec 01 2024
Crypto loans are a type of financing that involves borrowing funds using cryptocurrency as collateral.
InfinityRider
Sun Dec 01 2024
Many platforms that offer crypto loans require over-collateralization. This means that borrowers must deposit more cryptocurrency than they wish to borrow.
Daniela
Sun Dec 01 2024
The percentage of the deposited collateral that borrowers can access varies but is typically below 90% of the loan-to-value ratio.