USDC
USDT
Bitcoin
Ethereum
Clapp FinanceLowest Rate
Worldwide
Loan Rate
0-21.9%
Max LTV
0-65%
Orig. Fee
Collateral
Many
Crypto-Backed Borrowing
Borrow Against Crypto
Use Bitcoin or other supported crypto as collateral for cash or stablecoins. Compare the total cost, LTV, and liquidation rules before you borrow.
1. Pledge collateral
Choose a lender that accepts your asset, network, location, and desired payout currency.
2. Select an LTV
A lower starting LTV usually leaves more room for prices to fall before liquidation.
3. Repay the loan
Repay principal, interest, and applicable fees to recover the remaining collateral.
Compare Ways to Borrow Against Crypto
These platforms publish crypto-backed borrowing rates and collateral terms. The list is ordered by the lowest advertised loan rate, but the cheapest option for you can change after origination fees, loan length, LTV, and repayment rules are included.
Featured Crypto-Backed Loan Platforms
Platform
Loan Rate
Max LTV
Origination Fee
Collateral
Europe, United States and Canada
Loan Rate
2-15%
Max LTV
30-80%
Orig. Fee
0%
Collateral
USDC, USDT, SOL
Worldwide
Loan Rate
2.9-18.9%
Max LTV
50%
Orig. Fee
0%
Collateral
Many
UK, Europe and Latin America
Loan Rate
4-16.5%
Max LTV
95%
Orig. Fee
2%
Collateral
BTC, ETH, USDC, XRP, LTC + more
Worldwide
Loan Rate
8-13%
Max LTV
50%
Orig. Fee
2%
Collateral
BTC, ETH, SOL, LTC, XRP, DOGE
Rates and eligibility can change. Confirm the current APR, fees, collateral rules, and availability directly with the lender before transferring crypto.
How Much Crypto Can You Borrow Against?
Lenders express borrowing capacity as a loan-to-value ratio. Divide the loan balance by the current collateral value to find the LTV. For example, borrowing $4,000 against $10,000 of crypto starts at 40% LTV.
The maximum available LTV is not a target. Crypto prices can move quickly, and interest may increase the balance over time. Starting below the maximum gives the position more room before it reaches a margin-call or liquidation threshold.
Collateral value
$10,000
Loan amount
$4,000
Starting LTV
40%
What to Compare Before You Borrow
- APR and fees: Compare interest, origination charges, withdrawal costs, and late-payment terms.
- Liquidation rules: Find the maintenance LTV, liquidation threshold, notification process, and any liquidation fee.
- Collateral custody: Understand who holds the crypto, whether it may be rehypothecated, and how it is returned.
- Repayment flexibility: Check the term, payment schedule, early-repayment policy, and supported payment methods.
- Eligibility: Confirm that the product supports your asset and is available in your country or state.
Risks of Borrowing Against Crypto
Borrowing avoids an immediate sale, but it does not remove market risk. Falling collateral prices can trigger a margin call or forced sale. You also take on lender, custody, smart-contract, stablecoin, and counterparty risk depending on the product. A loan can have tax consequences if collateral is liquidated, so consider qualified tax advice for your situation.
Borrow Against Crypto FAQs
Can you borrow against crypto without selling it?
Yes. A crypto-backed loan uses supported cryptocurrency as collateral instead of selling it. You receive cash or stablecoins and recover the remaining collateral after repaying the loan, subject to the lender's terms.
How much can you borrow against crypto?
The amount depends on the collateral value and the lender's loan-to-value limit. At a 40% LTV, $10,000 of eligible collateral would support a $4,000 loan before fees. Borrowing less than the maximum creates a larger buffer against liquidation.
What happens if crypto collateral falls in value?
A price decline raises the loan's LTV. If it reaches the lender's margin-call or liquidation threshold, you may need to add collateral or repay part of the balance. The lender may sell collateral if the threshold is breached.
Does borrowing against crypto affect your credit score?
Requirements vary. Many crypto-backed lenders focus on collateral, identity verification, and regional eligibility, but some products may use credit checks or report payment activity. Check the lender's current policy before applying.
