Loan

Quant

Loan

Quant loans.
Borrow against QNT.

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How do loans backed by QNT works

Crypto loans present an easy option for both borrowers and lenders. Borrowers can secure loans in USDT while using their cryptocurrencies as collateral, allowing them to retain ownership of their digital assets. This process removes the need for credit evaluations and extensive paperwork, resulting in a quicker and cheaper lending experience.

Lenders can place their cryptocurrency, such as Quant (QNT), into a specialized account on the Beast platform. A custodian manages the connections between borrowers and lenders, guaranteeing a safe transaction. They serve as a reliable intermediary, ensuring that the interests of both parties are safeguarded.

For borrowers, this means accessing necessary funds without the need to liquidate their cryptocurrencies. This advantage is crucial during market volatility, helping them to sidestep possible losses. The lending framework streamlines the borrowing process, eliminating the requirement for credit checks.

Lenders can earn interest from their deposited amounts as borrowers repay loans. This creates a revenue stream from their cryptocurrency holdings. It's beneficial for all, with borrowers acquiring loans and lenders reaping rewards from their investments.

The Beast platform ensures the interactions between borrowers and lenders are regulated, while blockchain technology facilitates safe transactions, eliminating the need for middlemen. This significantly lowers fraud risks and fosters a secure lending atmosphere.

Quant 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 Beast 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 Quant? Borrow usd against Quant on Beast

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

To authorize an Quant 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 QNT Crypto Loans

Quant lending

Crypto lending through Quant has gained immense popularity among cryptocurrency owners seeking capital. By using Quant loans, individuals can secure funds against their Quant assets, allowing for immediate liquidity without liquidating their holdings. These QNT loans are underpinned by the value of the borrower's Quant, creating a safe borrowing experience. With a QNT loan, borrowers can easily access cash for various needs, such as investing, settling bills, or launching a new venture. This groundbreaking approach to QNT lending has created fresh opportunities for users to utilize their Quant reserves and acquire essential funds.

QNT as a collateral

Quant, known as QNT, has emerged as a favored option for crypto-backed loans. Through platforms that facilitate Quant lending, users can either take out loans in Quant or lend their Quant to earn interest. These loans enable individuals to use their Quant assets as collateral, granting them immediate access to cash without the need to sell. Borrowers also have the option to get loans in USD using their QNT, enhancing their flexibility and liquidity. So, how do Quant loans function? Simply put, users secure their QNT as collateral, and based on its worth, they can obtain a loan. These fast crypto loans offer an efficient way for individuals to quickly access cash while keeping their Quant holdings.

Loans secured by Quant feature competitive interest rates.

At Beast, we recognize how vital competitive interest rates are for our clients. That’s why we provide loans backed by cryptocurrency at an attractive rate of just 9%. Be it for personal needs or business matters, our low-cost loans offer an efficient way to obtain funds without liquidating your valuable crypto assets.

A standout aspect of Beast's crypto loans is our collateralization method. If a borrower is unable to repay the loan, the collateral in QNT stays with Beast, while the borrower retains the Tether USDT they received. This approach ensures that both sides benefit from a fair and balanced method of loan recovery.

To mitigate the risk of Quant depreciation, Beast implements an automatic liquidation system. Should the collateral's value drop below a specified threshold, the loan will be liquidated. This precautionary step shields both borrowers and lenders from potential financial setbacks during market declines.

We prioritize transparency and ease of use at Beast. Users can conveniently track their loan products through our intuitive interface. Furthermore, borrowers have the ability to add more collateral, pay off the loan early, or settle the loan by remitting the principal amount plus any interest accrued.

If you’re curious about obtaining a loan with cryptocurrency, Beast provides instant coin loans. You can leverage Quant and receive Tether USDT directly. Our crypto-backed loans are a fast and handy solution to meet your financial requirements.

Borrow crypto

Why choose Quant Beast 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 Beast Quant Crypto Loan?

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