Get Crypto Loan - Borrow against Bitcoin, ethereum and others

What is The Beast Crypto Loan?

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

Learn more

Crypto Loan Calculator

Crunch the Numbers and Discover Your Loan Potential

Loan amount

USDT

Collateral Required

Interest rate

15% per year

Mounthly Interest Amount

Quarterly Interest Amount

Yearly Interest Amount

Borrow crypto

FROM $1 TO $1M

Available for borrowing

80% LTV

High Loan-to-Value (LTV) Ratios

Instant Approval & No Credit Checks

Enjoy a hassle-free application process with instant approval and no invasive credit checks, making it easy for anyone to access our Crypto Loans.

Flexible Repayment Terms

Experience true financial freedom with our flexible repayment terms, including no monthly repayments, no statement deadlines, and no late fees, letting you repay at any time without penalties.

Secure Custody & Storage

Trust our robust security measures, including custody secured by Ledger Enterprise, to keep your crypto assets safe throughout the lending process.

Zero Hidden Fees

Save more with The Beast's transparent fee structure – no transaction fees, no origination fees, and no hidden charges, ensuring a cost-effective lending solution.

How to Get Started

Deposit Crypto Collateral

Fund your wallet with the cryptocurrency you plan to use as collateral for your loan.

Create Your Loan

Navigate to the "Features" tab, then "Loans", and open a new loan by selecting your collateral and desired loan amount.

Instant Funding

Receive the loan amount in your wallet instantly, and use the funds however you please.

What is The Beast Crypto Loan?

Crypto Loans at The Beast, or loans backed by cryptocurrency, are a type of financial service that allows borrowers to obtain funds instantly by using their digital assets as collateral. The Beast's unique approach enables individuals to access liquidity without having to sell their cryptocurrencies, thus avoiding potential tax implications or loss of future appreciation.

Here's a step-by-step breakdown of how Crypto Loans work at The Beast:

Register on The Beast

First, you need to create an account on the trusted and reputable The Beast platform, which offers instant Crypto Loan services.

Deposit collateral

To obtain a Crypto Loan, you must deposit an amount of cryptocurrency as collateral. The Beast will securely store your digital assets for the duration of the loan. The amount of collateral required will depend on the Loan-to-Value (LTV) ratio, which is the proportion of the loan amount relative to the value of the collateral.

Loan approval

Once your collateral has been deposited, The Beast will assess the LTV ratio and instantly approve the loan without any credit checks, making it accessible for a wide range of borrowers.

Receive funds

After loan approval, you'll receive the funds in your designated account. The Beast only provides loans in the form of USDT (Tether), a stablecoin pegged to the US Dollar.

Flexible interest payments

During the loan term, you're not required to make regular interest payments. Instead, interest accrues over the loan duration, providing you with flexibility in managing your financial obligations.

Loan repayment

You can repay your loan at any time without incurring penalties. Once you've returned the borrowed USDT amount plus any outstanding interest, your collateral will be released back to you.

Defaulting and liquidation

If the value of your collateral falls below a specified threshold, The Beast may issue a margin call, requesting that you deposit additional collateral to maintain the LTV ratio. If you're unable to meet the margin call, The Beast may liquidate a portion or all of your collateral to recover the loan amount and any outstanding interest.

Crypto Loans at The Beast provide a flexible and instant financing solution for individuals looking to leverage their digital assets without having to sell them. As more people recognize the potential of cryptocurrencies and their role in the global financial ecosystem, The Beast's innovative financial product continues to gain popularity.

Collateral Freedom

From Bitcoin to altcoins, our diverse range of supported assets provides you with the freedom to choose the perfect collateral for your loan

Get $180 for 100000 NOT

Get $800 for 1000 BUSD

Get $567 for 1000 ADA

Catizen

Get $736 for 10000 CATI

ChainLink

Get $114 for 10 LINK

Chiliz

Get $323 for 10000 CHZ

Cosmos

Get $337 for 100 ATOM

Cronos

Get $715 for 10000 CRO

Dai Stablecoin

Get $800 for 1000 DAI

Decentraland

Get $240 for 1000 MANA

Decentralized USD

Get $800 for 1000 USDD

Dogecoin

Get $141 for 1000 DOGE

DOGS

Get $117 for 1000000 DOGS

EOS

Get $589 for 1000 EOS

Get $799 for 1000 FDUSD

Flow

Get $307 for 1000 FLOW

Hamster Kombat

Get $212 for 100000 HMSTR

Huobi Token

Get $728 for 1000 HT

Immutable X

Get $457 for 1000 IMX

Litecoin

Get $690 for 10 LTC

Major

Get $135 for 1000 MAJOR

Maker

Get $1208 for 1 MKR

NEAR Protocol

Get $194 for 100 NEAR

Get $185 for 1000 POL

Get $104 for 10000000 SHIB

Solana

Get $117 for 1 SOL

Tezos

Get $441 for 1000 XTZ

The Sandbox

Get $227 for 1000 SAND

Tron

Get $197 for 1000 TRX

TrueUSD

Get $798 for 1000 TUSD

Uniswap

Get $406 for 100 UNI

USD Coin

Get $800 for 1000 USDC

VeChain

Get $208 for 10000 VET

Zcash

Get $284 for 10 ZEC

FAQ

What is Beast Crypto Loan?

Beast Crypto Loan is a secure, overcollateralized, and flexible loan product. Users can take loans by pledging their crypto assets as collateral. With The Beast, 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 Beast 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 Beast 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, Beast 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?

Beast 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 Beast Crypto Loan?

Beast 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 Beast 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 Beast as security for the repayment of your loan.

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