Loan

Tezos

Loan

Tezos loans.
Borrow against XTZ.

Empower Your Crypto Journey with Cropty's Flexible Financing Solutions

What is Tezos?

Tezos is a multi-purpose blockchain which aims to combine a self-amending protocol and on-chain governance to manage future changes and implementations to the network. It supports the creation of new tokens and smart contracts (thus decentralized applications or dApps). The on-chain governance system enables token holders to make decisions together and improve the network over time, as opposed to the less-inclusive off-chain governance models used by Bitcoin and Ethereum.

How do loans supported by XTZ work?

Cryptocurrency lending is a great model for both borrowers and lenders. Lenders can get loans in USDT using their digital currency as collateral. This way, lenders can own cryptocurrency and avoid the need for additional checks. No bureaucracy!

Investors can place their digital assets, such as Tezos (XTZ), in a separate portfolio on the Cropty platform. A banking custodian oversees interactions between lenders and borrowers, ensuring the reliability of the process. They act as a trusted intermediary, providing protection for both parties.

Creditors can benefit from this by receiving funds without selling their cryptocurrency. This is very convenient in volatile market conditions, as it helps to avoid potential losses.

Investors earn returns from the repayment of the funds they invested through loan repayment. This allows them to benefit from their digital assets. It is advantageous for both parties, as lenders receive funding, and investors gain from their participation.

The Cropty platform monitors the actions of lenders and investors, and the distributed ledger technology ensures secure exchanges without intermediaries. This reduces the likelihood of fraudulent activities and creates a safe environment for lending.

Tezos Loan Calculator

Crunch the Numbers and Discover Your Loan Potential

Loan amount

USDT

Collateral Required

Interest rate

15% per year

Monthly Interest Amount

Quarterly Interest Amount

Yearly Interest Amount

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Crypto Loans explained

In our video, we take you on an exciting and informative journey into the realm of crypto lending and borrowing on the Cropty platform. Discover how this revolutionary system works, learn how to take out a loan, and explore the seamless process of loan repayment. Packed with valuable insights and tips, this video is your ultimate guide to harnessing the potential of crypto credit.

How to get a loan on Tezos? Borrow usd against Tezos on Cropty

The process of getting an Tezos cryptocurrency loan is quite simple. First, you need to create your account on Cropty, a platform that offers Tezos cryptocurrency lending services. Then, you need to provide your XTZ as collateral and specify the loan amount you want to borrow. The platform then evaluates your collateral and gives you access to the required amount of Tether USDT.

Your creditworthiness is determined based on the value of your collateral, making the process of getting a cryptocurrency loan fast and convenient.

However, it is important to remember that Tezos cryptocurrency loans are not without risks. In case you default on the loan, your collateral can be seized. Therefore, you should carefully assess your repayment capacity before taking out a cryptocurrency loan.

How to get a loan on Tezos? Borrow usd against Tezos on Cropty

To authorize an Tezos Crypto Loan, you will need to go to Features tab → Loan section → Borrow button

Choose the required loan amount the terms and conditions of the crypto loan, and apply for it by confirming it with a code from 2FA - application or E-mail or Telegram-bot.

Learn more about XTZ Crypto Loans

Tezos Loans

The practice of providing Tezos loans is evolving and becoming popular among digital currency holders seeking access to cash flow. Loans secured by Tezos allow users to leverage their funds, offering immediate access to cash without selling assets. The value of such XTZ loans is backed by Tezos borrowers, ensuring a secure lending environment. Users can quickly obtain an XTZ loan and use the funds for various purposes, including investments, bill payments, or even starting a business. This innovative approach to XTZ lending has opened up numerous opportunities for people to utilize their Tezos holdings to attract critical capital they need.

XTZ as collateral

XTZ, often known as Tezos, has become a popular asset for crypto loans. Through Tezos loan intermediaries, parties can either lend their Tezos to earn income or borrow. These loans allow people to use their Tezos as collateral, instantly unlocking capital that can be spent while avoiding liquidation of their holdings. Users can also choose a loan in USD secured by Tezos, offering them flexibility and quick liquidity. But what really lies behind the Tezos loan processes? People secure loans by pledging their Tezos as collateral. Depending on the currency value, a loan is issued. Thus, these crypto-backed loans provide a hassle-free solution for those seeking instant capital replenishment while retaining their investment in Tezos.

Interest rates on loans secured by Tezos.

At Cropty, we recognize the need for competitive interest rates on loans. That’s why we offer loans using digital currency at an attractive rate of 9%. Whether you need funds for personal or business purposes, our low-interest loans provide a financially advantageous way to obtain liquid assets without having to part with your valuable cryptocurrencies.

An important feature of Cropty's blockchain loans is the securitization process. In case the client fails to repay the loan, the collateral XTZ remains with us at Cropty, while they retain control over the received Tether USDT. This model provides a fair and equitable method of loan recovery, beneficial for all parties.

To reduce the risk of Tezos devaluation, Cropty uses an automated liquidation model. If the value equivalent to the pledged Tezos falls below the set critical point, the loan will be liquidated. This timely intervention ensures safety for both us, the lender, and the client, the borrower, from impending losses during market downturns.

Cropty values clarity and user convenience. Our clients can easily monitor the status of their loan portfolio using our intuitive platform. Additionally, clients have the freedom to increase collateral, repay the loan early, or terminate the loan agreement by paying the borrowed amount plus accumulated transcription fees.

If you have been wondering how to get a loan using digital currency, look no further. Cropty offers instant coin loans. You have the option to pledge Tezos and receive Tether USDT. Our crypto-related loans provide a fast and convenient solution for your financial needs.

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Why choose Tezos Cropty Loan

Take advantage of limitless possibilities: Get any amount at any time with our unbeatable cryptocurrency line of credit.

Easy access to funds

By leveraging your crypto assets as collateral, you can quickly obtain loans without the need for extensive credit checks or income verification, making the process more efficient and accessible.

35+ Currencies

Choose your collateral from over 35 cryptocurrencies and borrow instantly from USDT.

No inspections!

Cryptocurrency loans allow you to access credit without checking your credit history.

Interest - hourly

We charge interest on the loan hourly. However, during the first hour after taking out the loan, you have the opportunity to repay it without any additional fees. This sets us apart from our competitors.

Lower interest rates

Because cryptocurrency loans are collateralized, lenders often offer lower interest rates than traditional unsecured loans, making them more cost-effective for borrowers.

Flash approval

Receive funds in the same minute without spending more than 3 taps

Maintain ownership of your crypto

With crypto-backed loans, you retain ownership of your digital assets while using them as collateral. This allows you to benefit from potential market growth and regain full control of your assets once the loan is repaid.

FAQ

What is Cropty Tezos Crypto Loan?

Cropty Tezos Crypto Loan is a secure, overcollateralized, and flexible loan product. Users can take loans by pledging their crypto assets as collateral. With Cropty, you don't have to worry about rehypothecation since we don't lend out your collateralized crypto to others.

How do I pledge my assets and start borrowing with Cropty Tezos Crypto Loan?

To start, choose the crypto you'd like to pledge as collateral and the amount you'd like to borrow. Ensure you have sufficient crypto assets in your account to cover the required collateral. Once the process is complete, your collateral will be locked, and the loan will be transferred to your account.

What is LTV, and how much can I borrow from Cropty Tezos Crypto Loan?

LTV (Loan-to-Value) represents the ratio between the value of the loan plus accrued interest and the value of your collateral. The LTV percentage determines how much you can borrow based on the collateral you pledge. For example, with a 50% LTV, if you pledge 1,000 USDT, you may borrow up to 500 USDT worth of assets.

Are there limits to how much I can pledge and borrow?

Yes, there are limits for each cryptocurrency. The maximum amount you can pledge or borrow depends on the specific crypto and may change periodically.

What is loan liquidation, and what is the liquidation LTV?

Loan liquidation occurs when the current LTV exceeds the liquidation LTV, which may happen if the collateral's value decreases or the loan's value increases. If liquidation occurs, you may lose some or all of your collateral.

What happens when a loan is liquidated?

When liquidation occurs, the outstanding loan amount will be repaid using the equivalent value of collateral. A partial liquidation happens when the liquidation doesn't fully cover the outstanding loan, and a full liquidation occurs when the entire loan is repaid using the collateral.

What is a margin call?

A margin call is a warning issued when your collateral-loan pair position reaches its margin call LTV. You can take action by adding more collateral or reducing the outstanding loan to lower the LTV.

Will I be notified in the event of margin calls or liquidations?

Yes, Cropty will send notifications via email and SMS in case of margin calls or liquidations. However, timely delivery of these notifications cannot be guaranteed.

What interest rate applies to my loan?

Cropty provides transparent interest rates for each cryptocurrency. Please refer to the platform for up-to-date interest rates.

How is interest accrued for my loan positions?

Interest accrues based on the total outstanding loan amount and the prevailing APR. The interest accrued is added to the total outstanding loan.

How do I repay my loan or adjust my LTV?

Use the 'Repay' or 'Adjust LTV' options in your account to repay loans or adjust collateral, respectively. You can only repay your loan using the same cryptocurrency you borrowed.

Which cryptocurrencies can I pledge or borrow on Cropty Crypto Loan?

Cropty Crypto Loan accepts a variety of cryptocurrencies as loanable and collateral assets. The list of available cryptocurrencies is updated periodically, so please refer to the platform for more information.

What can I do with the cryptocurrencies borrowed from Cropty Tezos Crypto Loan?

You can use the borrowed cryptocurrencies for various purposes, including trading, investing, or withdrawing from the platform. The collateral you pledge remains with Cropty as security for the repayment of your loan.

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