You could borrow against your Polkadot tokens at rates as low as 4.5% APR. Open an account and transfer your DOT 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 Polkadot tokens to pay off the loan if necessary. The loan itself can be in a different currency to Polkadot. USDT and USDC are popular loan currencies.
Platform | Reviews | Setup Fee | LTV | Rate | ||||
---|---|---|---|---|---|---|---|---|
CeFi
Bulgaria
78%
|
None
|
30%
|
|
Go To SiteGo | ||||
CeFi
Estonia
85%
|
1%
|
|
|
Go To SiteGo | ||||
CeFi
Hong Kong
90%
|
None
|
50%
|
|
Go To SiteGo | ||||
CeFi
Lithuania
94%
|
None
|
60%
|
|
Go To SiteGo | ||||
You could use your other crypto assets such as Bitcoin as collateral for a Polkadot loan. You could borrow Polkadot at rates as low as 11% APY. Open an account, transfer your collateral currency to the platform and then apply for a DOT loan. If you need some DOT tokens but don't want to sell your collateral tokens then this can be a useful option.
Platform | Reviews | Setup Fee | LTV | Rate | ||||
---|---|---|---|---|---|---|---|---|
CeFi
Lithuania
94%
|
None
|
|
|
Go To SiteGo | ||||
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