You could borrow against your Filecoin tokens at rates as low as 11.6% APY. Open an account and transfer your FIL 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 Filecoin tokens to pay off the loan if necessary. The loan itself can be in a different currency to Filecoin. 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 Filecoin loan. You could borrow Filecoin at rates as low as 11.6% APY. Open an account, transfer your collateral currency to the platform and then apply for a FIL loan. If you need some FIL 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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