You could borrow against your Dai tokens at rates as low as 1.9% APY. Open an account and transfer your DAI 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 Dai tokens to pay off the loan if necessary. The loan itself can be in a different currency to Dai. USDT and USDC are popular loan currencies. You might also be interested in comparing stablecoin loans.
Platform | Reviews | Setup Fee | LTV | Rate | ||||
---|---|---|---|---|---|---|---|---|
CeFi
Bulgaria
78%
|
None
|
90%
|
|
Go To SiteGo | ||||
DeFi
United Kingdom
67%
|
None
|
|
|
Go To SiteGo | ||||
CeFi
Lithuania
94%
|
None
|
65%
|
|
Go To SiteGo | ||||
You could use your other crypto assets such as Bitcoin as collateral for a Dai loan. You could borrow Dai at rates as low as 1.9% APY. Open an account, transfer your collateral currency to the platform and then apply for a DAI loan. If you need some DAI tokens but don't want to sell your collateral tokens then this can be a useful option.
Platform | Reviews | Setup Fee | LTV | Rate | ||||
---|---|---|---|---|---|---|---|---|
DeFi
United Kingdom
67%
|
None
|
|
|
Go To SiteGo | ||||
CeFi
Lithuania
94%
|
None
|
|
|
Go To SiteGo | ||||
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