You could borrow against your Gala tokens at rates as low as 11.6% APY. Open an account and transfer your GALA 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 Gala tokens to pay off the loan if necessary. The loan itself can be in a different currency to Gala. USDT and USDC are popular loan currencies.
Platform | Reviews | Setup Fee | LTV | Rate | |||
---|---|---|---|---|---|---|---|
CeFi
Lithuania
94%
|
None
|
60%
|
|
Go To SiteGo | |||
You could use your other crypto assets such as Bitcoin as collateral for a Gala loan. You could borrow Gala at rates as low as 11.6% APY. Open an account, transfer your collateral currency to the platform and then apply for a GALA loan. If you need some GALA 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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