Unlock the Potential of Your Crypto with ChangeNOW Pro Loans
Did you know that your crypto assets can work for you without selling them? Unlock the full potential of your digital holdings with ChangeNOW Pro's crypto loan service. Here's how:
Key Takeaways
- With ChangeNOW Pro’s crypto loan service, you have full control over the loan duration, with no fixed deadlines. You can close your loan at any time and manage your assets as needed.
- Interest on the loan accrues monthly and is only paid when you close the loan, making it simple and aligned with your financial goals.
- ChangeNOW Pro ensures the security of your collateral with advanced protection systems and offers transparent loan terms, including a fixed 50% LTV and 10% APR.
Key Features of ChangeNOW Crypto Loans
- No Monthly Interest Payments: Forget about regular monthly payments. The interest accrues on a monthly basis and is payable only once when you close your loan. This makes it simple and in line with your financial objectives.
- Flexible Loan Terms: Enjoy the utmost flexibility. You can close your loan at any time, whether it is after a few hours, a month, or even a year thereafter. There are no inflexible deadlines; you manage your assets the way you see fit.
- Fixed LTV and APR: Our loan terms are designed to minimize risk:
- Loan-to-Value (LTV): Fixed at 50%, ensuring robust protection against market volatility.
- Annual Percentage Rate (APR): A competitive 10%, calculated monthly.
- Advanced Funds Protection: Your collateral is held in very secure wallets with private keys that are changed every month. Access to these wallets is highly restricted and additionally policed by many layers of security to ensure your assets are safe for the duration of the loan.
How It Works: A Step-by-Step Guide
Deposit Collateral: Select a supported cryptocurrency for your collateral (e.g., BTC, ETH, DOGE). Once your deposit is confirmed, it undergoes a risk assessment before loan funds are released to your wallet.
Receive Loan Funds: Loan disbursal is done either in USDT or USDC. The average transaction completion, depending on network conditions, is within 5 to 10 minutes.
Track Your Loan: Access all loan details, including deposit size, repayment amounts, and collateral status, through the “Track My Loan” feature.
Repay and Reclaim Collateral: Repay at any time by returning the borrowed amount plus accrued interest. Upon repayment, your collateral is immediately returned to your wallet.
Why Choose ChangeNOW Pro for Crypto Loans?
Flexibility to Suit Your Needs
With no fixed loan duration, you’re in full control of how long your loan remains active. Whether you’re borrowing for a short-term need or long-term planning, [ChangeNOW adapts to your timeline.Transparent Loan Terms
No hidden fees - just an upfront 50% LTV and 10% APR - so you know what to expect right from the beginning.Seamless and Secure Process
From collateral deposit to loan payout and repayment, every step has been optimized for speed and safety. Advanced risk management systems and wallet protections take care of peace of mind.Support for Multiple Cryptocurrencies
We currently support a number of coins as collateral: BTC, ETH, BCH, and DOGE, to name a few, and keep adding more. The loan funds are given in stablecoins (USDT or USDC) for the stability of your financial planning.
Managing Collateral Value Fluctuations
When taking a crypto loan, the market price of your collateral may fluctuate. However, these changes do not impact the amount you need to repay. Once you repay your loan, you will receive the exact amount of collateral you initially deposited, irrespective of its current market value.
If the value of your collateral drops to the liquidation price, it will be automatically liquidated to cover the loan repayment. You will receive a notification about this, giving you enough time to take necessary action.
Collateral is stored in highly secure wallets with private keys rotated monthly. Access to these wallets is restricted to specific IP addresses via VPN connections. Balances are monitored in real-time by advanced risk control systems, ensuring maximum security.
NOWLoans is backed by ChangeNOW in collaboration with Coin Rabbit, a trusted name in crypto lending. With strong security measures and transparent loan terms, NOWLoans provides a reliable and secure borrowing experience for its users.
Ready to access the value of your crypto without selling your assets? Explore the flexibility and security of ChangeNOW Pro’s crypto loans. Whether you’re managing market volatility or seizing opportunities, NOWLoans is here to support your financial journey.
