Access Funds Without Selling Your Bitcoin

Unlike traditional loans that consider your credit score, APX Lending offers crypto-backed loans, using your crypto as collateral. You can use the Loan Calculator on our website to estimate the amount you can borrow against your Bitcoin or Ethereum.

To apply for a personal or commercial crypto-backed loan, you need to:

1. Open an account with APX Lending.
‍2. Apply for a loan by filing out your loan details in the loan calculator and clicking on "Apply".
3. Our team will promptly review your loan application, and if approved, you may receive your loan in under 24 hours.

APX Lending charges one of the lowest rate in the industry - 13.99%.

There are no hidden fees, no origination fees, no requirements to hold tokens or balance in your account and you can repay your entire loan early should you wish to do so with absolutely no penalty after only 3 months!

The loan application process takes less than 15 minutes and 90% of our clients receive their funds within 24 hours of applying. Your loan is sent directly to your USDC wallet or bank account once your loan is approved and we have received your collateral.

Loan-to-value or LTV is the percentage of the loan amount in relation to the market value of the cryptocurrency used as collateral.

For example:
Loan amount: $50,000 USD
Crypto collateral value: $100,000 USD
LTV (%) = ($50,000/$100,000)*100% = 50%

If the value of the collateral drops, for example to $60,000 then the LTV would increase to ($50,000/$60,000)*100% = 83.3%

If the value of the collateral increases, for example, to $150,000, then the LTV would decrease to ($50,000/$150,000)*100% = 33.3%

If the value of your collateral increases (your LTV decreases).

1. You can leave your collateral as is.

2. You can withdraw a portion of your collateral (as long as the resulting LTV is equal to or lower than your LTV at loan origination).

3. You can sell a potion of your collateral to pay off your interest and/or your loan principle (as long as the resulting LTV is equal to or lower than your LTV at loan origination).

‍If the value of your collateral decreases (your LTV increases).

1. Once your LTV rises to the Margin Call LTV stipulated in your loan agreement our systems will notify you via email of the current value of your LTV. You may choose to send us more collateral or pay off a portion of your loan to decrease your loan LTV, or you may choose to do nothing and continue to monitor your LTV.

2. If your LTV rises to the Liquidation LTV stipulated in your loan agreement, our system will automatically sell a portion of your collateral to bring your loan LTV down to your LTV at loan origination. To avoid this scenario, monitor and top up your loan collateral once it reaches the Margin Call LTV.

The liquidation LTV will be stipulated in your loan agreement. We strive to give our clients the most flexibility with the highest LTVs possible.  

For example:
Loan amount: $50,000 USD
Crypto collateral value: $100,000 USD
Origination LTV (%) = ($50,000/$100,000)*100% = 50%
Liquidation LTV = 90%

Your collateral would have to fall from $100,000 to $55,555 before we liquidate it to pay off your loan.
($50,000/$55,555)*100% = 90%