Crypto.com Exchange Lending Now Supports SAND, FTM, DYDX, KSM, AVAX
Crypto.com announce that Exchange users can now borrow against their crypto with a loan-to-value (LTV) ratio of up to 50% by depositing SAND, FTM, DYDX, KSM, and AVAX as collaterals.
“Lending allows users to monetize their crypto assets without the need to sell them. There are no required credit checks, and users can pay back partially or in full at any time without early repayment fees.”
Crypto.com lending currently Supports Collaterals of CRO, BTC, ETH, LTC, VET, LINK, DOT, XRP, USDT, USDC, DAI, ATOM, BCH, ADA, XLM, WBTC, ALGO, PAXG, UNI, SOL, FIL, NEAR, LUNA, SAND, FTM, DYDX, KSM, and AVAX
Supported Loan Currencies: USDC, USDT, BTC, ETH, XRP, LINK, DOGE, UNI, YFI, DAI, MATIC, 1INCH, COMP, BAL, ENJ, CRV, FLOW, SHIB, ELON, EGLD, EOS, SUSHI, and XTZ
Loan-to-Value (LTV) Ratio: 25% / 33% / 50%
CRO Token Utility: Users who stake CRO can enjoy an even lower annual interest rate (see table below).
|Initial LTV||CRO Stake < 100K||CRO Stake ≥ 100K|
|LTV = 25%||2.00% APR||1.00% APR|
|LTV = 33%||6.00% APR||4.00% APR|
|LTV = 50%||8.00% APR||6.00% APR|