Many borrowers seek liquidity in traditional fiat currencies but prefer not to sell their cryptocurrency holdings. Crypto Lendify can offer crypto-to-fiat loans, where borrowers use their crypto assets (such as Bitcoin, Ethereum, or stablecoins) as collateral to access fiat loans in major currencies like USD, EUR, or GBP.

How It Works:

Borrowers pledge their crypto assets as collateral. Based on the LTV ratio and the type of cryptocurrency provided, they receive a fiat loan deposited into their bank account. The loan must be repaid in fiat, or in some cases, in the original cryptocurrency.

Key Features:

• Access to fiat currencies without needing to sell crypto.
• Fiat loans are available in multiple currencies, catering to global borrowers.
• Fixed or variable interest rates based on loan terms.
• Flexible repayment options, including early repayment without penalties.

Use Cases:

• Funding traditional business operations.
• Paying off high-interest fiat loans with low-interest crypto-backed loans.
• Financing major purchases like homes, cars, or education.