Instant Crypto Loans: Unlock Your Funds
Loan
Notcoin

Notcoin loans.
Borrow against NOT.

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

What is Notcoin?

What is Notcoin?
What is Notcoin?

Notcoin is a cryptocurrency project with two main aspects:

  • Tap-to-earn game: This is a game on the Telegram messaging app where users can earn Notcoin tokens by simply tapping on a virtual coin. This gamified approach to earning crypto was a big hit and attracted millions of users to Notcoin.
  • Cryptocurrency: Notcoin (NOT) is the token used in the game. It's built on the TON blockchain, a blockchain specifically designed for the Telegram ecosystem. This allows users to trade their earned tokens beyond the game itself.

Overall, Notcoin is considered a GameFi token, meaning it integrates gaming with cryptocurrency to provide users with a way to earn digital assets while playing.

How do loans backed by NOT works

How do loans backed by NOT works

Crypto-financing presents a seamless way out for loan takers and fund providers. By leveraging their digital currencies as security, borrowers can effortlessly attain loans in USDT, while retaining ownership of their crypto-assets. This eradicates burdensome credit profiling and document processing, thereby accelerating and simplifying the procedure.

With platforms like Cropty, loan providers can park their cryptocurrencies such as Notcoin (NOT) into a specific, managed account. The steward diligently supervises the engagement between borrowers and lenders, thereby facilitating a safe procedure. They function as a credible intermediary, ensuring the interest of parties on both ends are preserved.

The advantage for borrowers lies in gaining liquidity without needing to liquidate their cryptocurrencies, which can be valuable during unstable market conditions. The ability to sidestep potential losses is invaluable. The lending structure also demystifies the traditional loan process by eliminating the requirement of credit scrutiny.

Meanwhile, lenders reap profits on their crypto investments through interest accrued by loan repayments, thus deriving earnings from their digital holdings. This creates a mutually advantageous situation - borrowers secure funding, lenders yield revenue by simply participating.

Cropty's breakthrough platform efficiently controls the symbiosis between lender and borrower while the reliance on blockchain innovation guarantees secured transactions minus middlemen. The result? Lowered fraud potentiality and immunity to scams, fostering a safe borrowing-lending atmosphere.

Notcoin Loan Calculator

Crunch the Numbers and Discover Your Loan Potential
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 Notcoin? Borrow usd against Notcoin on Cropty

The process of getting an Notcoin cryptocurrency loan is quite simple. First, you need to create your account on Cropty, a platform that offers Notcoin cryptocurrency lending services. Then, you need to provide your NOT 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 Notcoin 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 Notcoin? Borrow usd against Notcoin on Cropty

To authorize an Notcoin 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.

Notcoin lending
Notcoin lending
The burgeoning trend of borrowing via Notcoin is attracting crypto innovators en masse. With the convenience of Notcoin loans, individuals can instantly tap into liquidity, staving off the necessity of liquidating their holdings. Such loans are guaranteed by the value of the borrower's Notcoin stockpile, reinforcing a safe borrowing atmosphere. It empowers debtors to effortlessly secure a NOT loan, allowing them to utilize the borrowed amount for a range of activities, be it investing, settling dues, or even kick-starting a venture. This fresh angle on NOT lending delivers a novel manner for users to exploit their Notcoin reserves for acquiring indispensable finance.
NOT as a collateral
NOT as a collateral
Notcoin or 'NOT' has grown to be an attractive option for cryptocurrency-anchored loans. By utilizing Notcoin loan services, users can either rent Notcoin to accrue interest or loan it out. These borrowings offer the ability for cryptocurrencies owners to leverage their Notcoin assets, thus enabling instant fund availability without the need for asset liquidation. Borrowers have the privilege to loan in USD backed by NOT, enhancing their liquid assets and versatility. But, what's the mode of operation for Notcoin credits? Fundamentally, consumers secure their NOT as a pledge, in line with the coin's value, a loan is advanced. Cryptocurrency payday loans stand as a convenient option for people desiring fast funding, yet preserving their Notcoin endeavours.
Interest rates for loans secured by Notcoin.
Interest rates for loans secured by Notcoin.

Interest rates for loans secured by Notcoin.

In the landscape of crypto loans, Cropty shines brightly with its inclusive and attractive offerings. Recognising the need for competitive lending rates, we provide loans dispensed in cryptocurrency, at a compelling low interest rate of 9%. Whether it's a personal requirement or a business obligation, our advantageous loan solutions grant you access to liquidity, sans the need to dispose off your precious cryptos.

One of Cropty’s exclusivities lies in its collateralization framework. If a client fails to maintain loan obligations, Cropty retains the NOT as collateral without affecting the borrower's custody of the USDT issued. This garners a balanced strategy of loan recovery, nurturing mutual benefits.

Safeguarding clients from the unpredictable volatility of Notcoin, Cropty employs an automatic liquidation system. In scenarios where the collateral loses significant value, the loan will immediately proceed towards liquidation — a prudent measure for shield against prospective hazards during a market slump, encouraging protection for both the borrower and us.

We are committed to ensuring transparent and easy actions for our users. With assistance from our accessible user interface, clients can keep an eye on their loan status with ease. Furthermore, they hold the authority to amplify their collateral, repay the loan sooner than scheduled or round off the loan by settling the borrowed sum along with the accumulated interest.

If the concept of a loan backed with cryptocurrency interests you, join Cropty for prompt Notcoin loans. Borrow using Notcoin and receive reciprocal USDT. Apt to tackle your financial urgencies, our crypto-backed loans equip you with rapid and effortless financial solutions.

Why choose Notcoin 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 Notcoin Crypto Loan?

Cropty Notcoin 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 Notcoin 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 Notcoin 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 Notcoin 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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