At APX Lending, we offer a revolutionary financing option for crypto investors and anyone seeking alternative financing solutions. Our Ethereum Backed Loans allow you to leverage the value of your Ethereum (ETH) to access cash without foregoing your investment potential.
Get quick access to funds for your financial needs without selling your Bitcoin.
Qualify for a loan based on the value of your Bitcoin holdings. No credit checks are required!
Your Bitcoin remains in secure cold storage throughout the loan term.
Your privacy is our top priority. APX Lending is fully compliant with PIPEDA requirements.
APX Lending is a leading provider of Ethereum-backed loans, revolutionizing the lending landscape by offering innovative and compliant financing options that leverage the power of blockchain technology.
Ethereum backed loans are a type of secured loan where you use Ethereum as collateral to borrow cash. Unlike traditional loans that rely on credit scores, Ethereum backed loans are backed by the value of your cryptocurrency. This makes them a viable option for individuals with limited credit history or those seeking alternative financing solutions.
At APX Lending, your security is our priority. We prioritize transparency and trust. That's why your Ethereum collateral is never reinvested. Instead, it's held in insured segregated cold storage and remains visible on the blockchain throughout the loan duration.
Bitcoin (BTC) is considered digital gold, serving as a store of value, while Ethereum (ETH) operates as a versatile blockchain platform for decentralized applications (dApps) and smart contracts. Ethereum's supply is unlimited, unlike Bitcoin's capped supply. Popular Ethereum wallets like MetaMask, MyEtherWallet, and Ledger Nano S enable users to manage their Ethereum tokens easily.
At APX Lending, our interest rates for Eth are competitive and tailored to accommodate the needs and risk profiles of our clients. Factors such as loan duration, loan amount, and market conditions may influence the interest rates offered. We strive to provide transparent and fair terms, ensuring that our clients receive competitive rates that align with industry standards. We currently charge 12.99% APY on our Ethereum-backed loans.
In the event of a decline in the value of your Ethereum collateral during the loan term, our team may take proactive measures to mitigate risk and maintain the integrity of the loan. These measures may include adjusting the loan-to-value (LTV) ratio, offering options for additional collateral, or providing alternative repayment arrangements. Our priority is to ensure the stability and security of your loan while safeguarding your interests. Should the LTV of your loan increase to 95%, our team will conveniently and automatically liquidate your collateral and pay back your loan on your behalf.
The approval process for an Ethereum Backed Loan at APX Lending is swift and efficient. Upon submission of your loan application, our team conducts a thorough evaluation, leveraging blockchain technology for transparent verification. While approval times may vary depending on factors such as application complexity and verification requirements, we strive to provide timely responses to our clients and issue the loans within 24 hours of application. Rest assured, we prioritize efficiency without compromising the accuracy and reliability of our assessments.
Once your loan is approved and the terms are accepted, you can expect to receive the loan funds within 24 hours. At APX Lending, we understand the importance of timely access to capital, especially for urgent financial needs or business opportunities. Our streamlined funding process ensures minimal delay in disbursing funds to our clients, enabling them to execute their financial plans with confidence and efficiency.
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