How to get started with crypto lending

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Stay at the frontlines of digital banking while reaping the benefits of traditional fiat.

Get instant cash for spending or investing by taking a Bitcoin loan and let your crypto earn you more money. Borrowing with cryptocurrency is as simple as going to the ATM and withdrawing cash, only you don't give up any assets.

This is not a crypto exchange — you don't need to sell your crypto. Get it back once the loan is settled with profits from the growing market value of BTC.

Here are the four easy steps on how to get a Bitcoin loan with Octabis.

Get an instant crypto loan approval

We don't require extensive evaluation and credit history checks. Everything happens online — no need for signing physical paperwork

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Deposit your BTC collateral

Before you can withdraw your loan, you will need to deposit your Bitcoin collateral pledge.

Navigate to “Account
Under “Manage BTC pledge” deposit your Bitcoin assets to our secure vault

Remember: you are not selling your crypto — they will be safely held in an Octabis vault and returned to you instantly when the loan is settled.

To guarantee the best blockchain lending experience and the safety of your assets, Octabis operates using Coinbase, Inc. blockchain technology — one of the largest and most trusted cryptocurrency exchange platforms in the world.

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Request and receive your crypto loan

Everything is up to you — the amount you want to borrow and when you will pay it back.

In “Loan amount” select the amount you wish to borrow
Click “Request Withdrawal

Requests are approved instantly and the money will be sent to your bank account in a matter of seconds.

Low-interest bitcoin loans

Octabis offers one of the lowest interest rates on the crypto lending market. Our monthly interest rate for Bitcoin loans start from 1%/monthly, putting the Annual Percentage Rate at 12%.

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Margin call announcements

The value of Bitcoin that is backing your loan can change and fluctuate. That is still the current nature of cryptocurrency.

If the BTC market value drops unlikely dangerously low, we will immediately notify you via email.

Every one of our issued crypto loans has a Loan-to-Value (LTV) ratio and it is set at 60%. If the value of your crypto asset drops critically low and your LTV ratio rapidly grows, increasing the risk of your bitcoin loan, our system will automatically adjust the amount of your pledge to stabilize the LTV back to 60%.

Cryptocurrencies are a solid foundation for the future of finance, but while the rest of the world tries to catch up with you, the market value of your crypto assets can fluctuate high and low, even if it's ultimately rising.

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Payback period

Octabis offers a flexible credit line so you can pay back your loan whenever you want. No new mystery fees. No extra charges.

Track your current bitcoin loan status in the “My account”, “Pay back” section.

The initial payback period is 1 month
Want to extend? No problem. We automatically recalculate the accrued interest and apply it when you decide to pay it back.

Remember: you are not selling your crypto — they will be safely held in an Octabis vault and returned to you instantly when the loan is settled.

To guarantee the best blockchain lending experience and the safety of your assets, Octabis operates using Coinbase, Inc. blockchain technology — one of the largest and most trusted cryptocurrency exchange platforms in the world.

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Safety

Your safety is always our top priority. Octabis holds full liability towards its clients. Our legal model is in line with the applicable regulations and ready for future EU policies for cryptocurrency transactions.

Got more questions? We've got you covered!

Our support team will be happy to answer any questions about Octabis, our service and instant Bitcoin loans via email or give us a call.

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