Instant Crypto Loans: Unlock Your Funds
Loan
DOGS

DOGS loans.
Borrow against DOGS.

Empower Your Crypto Journey with Cropty's Flexible Financing Solutions
Instant Crypto Loans: Unlock Your Funds

What is DOGS?

What is DOGS?
What is DOGS?

DOGS token is a memecoin built on the TON blockchain. It was inspired by Spotty, a character created by Pavel Durov, the founder of VK and Telegram. DOGS token is designed to connect deeply with Telegram users through its seamless integration with the platform.

How do loans backed by DOGS works

How do loans backed by DOGS works

Crypto loans provide a straightforward option for both borrowers and lenders. Borrowers can obtain loans in USDT while using their cryptocurrencies as security, allowing them to retain ownership of their digital assets. This approach removes the hassle of credit assessments and extensive documentation, speeding up the process and reducing costs.

Lenders can place their cryptocurrencies, such as DOGS (DOGS), into a special account on the Cropty platform. A custodian manages the relationship between borrowers and lenders, guaranteeing a secure experience. Acting as a reliable intermediary, they safeguard the interests of both parties.

Borrowers gain by accessing funds without needing to sell off their cryptocurrencies. This is particularly advantageous during market volatility, helping them avoid possible losses. The lending system simplifies the loan procedure and eliminates the necessity for credit evaluations.

Lenders receive interest on their funds through loan repayments, allowing them to profit from their crypto assets. It is a mutually beneficial scenario where borrowers can secure loans, and lenders earn returns for their involvement.

Cropty’s platform manages the association between borrowers and lenders, while blockchain technology ensures safe transactions without needing intermediaries. This approach minimizes fraud risks and fosters a secure lending atmosphere.

DOGS Loan Calculator

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Tether USD
USDT
Interest rate
15% per year
Monthly Interest Amount
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Quarterly Interest Amount
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Yearly Interest Amount
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Crypto Loans explained
Crypto Loans explained

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 DOGS? Borrow usd against DOGS on Cropty

The process of getting an DOGS cryptocurrency loan is quite simple. First, you need to create your account on Cropty, a platform that offers DOGS cryptocurrency lending services. Then, you need to provide your DOGS 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 DOGS 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 DOGS? Borrow usd against DOGS on Cropty

To authorize an DOGS 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.

DOGS lending
DOGS lending
Lending with DOGS has gained traction as a favored method for cryptocurrency holders to obtain funds. Through DOGS loans, individuals can secure loans using their DOGS assets, granting quick liquidity without having to liquidate their holdings. These loans are supported by the worth of the user's DOGS, creating a safe lending process. Borrowers can effortlessly acquire a DOGS loan and apply the money for multiple needs, such as investing, settling bills, or even launching a business. This groundbreaking approach to DOGS lending has unlocked fresh possibilities for people to use their DOGS assets and gain essential capital.
DOGS as a collateral
DOGS as a collateral
DOGS have emerged as a favored option for crypto-secured loans. Through DOGS lending platforms, users can either borrow DOGS or lend their DOGS to earn returns. These loans enable people to leverage their DOGS holdings for immediate cash without having to sell their crypto assets. Furthermore, borrowers have the ability to secure loans in USD using DOGS, offering them both flexibility and liquidity. So, how do DOGS loans function? In essence, participants lock their DOGS as collateral, and depending on its worth, they can obtain a loan. These quick payday crypto loans provide a practical means for individuals needing swift financial access while keeping their DOGS investments intact.
Interest rates for loans secured by DOGS.
Interest rates for loans secured by DOGS.

Interest rates for loans secured by DOGS.

At Cropty, we recognize the significance of attractive interest rates. This is why we provide loans through cryptocurrency at an appealing rate of just 9%. Whether you're seeking funds for personal use or business expenses, our affordable loans offer an efficient way to access cash without needing to sell your precious cryptocurrencies.

One standout aspect of Cropty's crypto loans is the collateralization method. In the event of default, the collateral DOGS stays with Cropty, while the borrower retains the Tether USDT they received. This creates a fair process for loan recovery, ensuring that both parties benefit.

To mitigate the risks associated with a decrease in DOGS value, Cropty employs an automatic liquidation system. If the value of the collateral dips below a set level, the loan gets liquidated. This proactive strategy safeguards both lenders and borrowers against potential losses during market fluctuations.

Transparency and ease of use are critical at Cropty. Our platform allows users to effortlessly track their loan products via an intuitive interface. Borrowers can also increase collateral, pay off loans early, or settle the loan by covering the amount borrowed plus any interest that has accrued.

If you're curious about obtaining a loan through cryptocurrency, Cropty facilitates instant coin loans. You can leverage DOGS as collateral and receive Tether USDT in return. Our crypto-secured loans present a swift and convenient option for your financial requirements.

Why choose DOGS 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 DOGS Crypto Loan?

Cropty DOGS 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 DOGS 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 DOGS 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 DOGS 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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