Wrapped Bitcoin Loans

Can I Take a Loan Out Using Wrapped Bitcoin As Collateral?

You could borrow against your Wrapped Bitcoin tokens at rates as low as 0.24% APY. Open an account and transfer your WBTC tokens to the platform. Then use the value of those tokens as collateral for an instant loan. Normally no credit checks are required as the platform can use your Wrapped Bitcoin tokens to pay off the loan if necessary. The loan itself can be in a different currency to Wrapped Bitcoin. USDT and USDC are popular loan currencies.

24 matching crypto loans found

Platform	Reviews	Setup Fee	LTV	Rate
CeFi Hong Kong 90%	90% 166,283 Reviews	None	50%	FROM 8% APR TO 12% APR	Go To SiteGo
DeFi United Kingdom 67%	67% 9 Reviews	None	UP TO 72%	FROM 0.24% APY TO 9.18% APY	Go To SiteGo

When Can I Get a Wrapped Bitcoin Loan?

You could use your other crypto assets such as Bitcoin as collateral for a Wrapped Bitcoin loan. You could borrow Wrapped Bitcoin at rates as low as 0.24% APY. Open an account, transfer your collateral currency to the platform and then apply for a WBTC loan. If you need some WBTC tokens but don't want to sell your collateral tokens then this can be a useful option.

4 matching crypto loans found

Platform	Reviews	Setup Fee	LTV	Rate
DeFi United Kingdom 67%	67% 9 Reviews	None	UP TO 72%	FROM 0.24% APY TO 9.18% APY	Go To SiteGo