You could borrow against your Synthetix tokens at rates as low as 20% APR. Open an account and transfer your SNX 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 Synthetix tokens to pay off the loan if necessary. The loan itself can be in a different currency to Synthetix. USDT and USDC are popular loan currencies.
Platform | Reviews | Setup Fee | LTV | Rate | ||
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CeFi
Switzerland
87%
|
None
|
|
20%
APR
|
Go To SiteGo | ||
You could use your other crypto assets such as Bitcoin as collateral for a Synthetix loan. You could borrow Synthetix at rates as low as 11.6% APY. Open an account, transfer your collateral currency to the platform and then apply for a SNX loan. If you need some SNX 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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