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Can I Get a Loan from Nebeus Without Collateral?

What Is Nebeus?

Nebeus is a cryptocurrency desktop platform and app that offers multiple services. With Nebeus, you can buy, sell, exchange or rent cryptocurrencies, and secure loans with digital assets collateral. This secured, globally recognized crypto lending platform is used by both professional and amateur cryptocurrency holders to instantly borrow British pounds, Euros, stablecoins or US dollars for any expenses or needs.

To get a Nebeus flexible crypto-backed loan, cryptocurrency is required as digital collateral. Your crypto is insured and held securely in a cold storage vault, while you remain the owner of your digital assets.

How Nebeus Loans Work

Nebeus' Flexible cryptocurrency-backed loans are extremely customizable, so they can be tailored to meet your individual needs. Users can choose to either collateralize their Ethereum or Bitcoin to borrow as much as $250,000 of FIAT currency (USD, EUR, GBP) or Stablecoins (USDC or USDT). Nebeus Flexible loans can be taken for up to 36 months, whereas you can select your LTV ratio, and bring it up to as much as 80% if you wish. The interest rate for your loan depends on your chosen LTV.

Nebeus Instant Bitcoin Loan

Nebeus does not offer any instant loans without collateral. However, it does offer you an option to get a quick loan without any interest. You can also get a flexible loan with more flexibility that offers 50% to 80% LTV, but this requires a 6% to 13.5% interest fee depending on the amount of the loan. These loans are fully customizable per your choice with a duration of up to 36 months. There is no limit to a flexible loan and you can start with any value.

How Nebeus Protects Your Collateral

All crypto used as collateral for your Nebeus crypto-backed loans is kept in Class III bank-grade security vaults, stored on separated cold storage devices. Your crypto collateral is also insured by Lloyd's of London for up to $100 Million.

Protection Against Margin Calls

To ensure your collateral will not be liquidated, Nebeus provides you with tools that allow you to stay updated constantly on the health status of your crypto-backed loans. In addition, in the case of margin calls, you get to choose an Auto Margin Call Management preference to automatically manage your loan. Even better, if a margin call should occur, Nebeus offers a 10-day buffer, allowing you to either repay your loan or add collateral.

How Long Does It Take to Get A Flexible Nebeus Loan?

After signing up for Nebeus, whether through the desktop platform or phone app, you will need to verify your identity. Once your identity has been confirmed, add funds to your account using the cryptocurrency of your choice for your loan's collateral use. Within two minutes, you can get your loan. All that is needed is to select the loan terms and then accept your loan agreement. Your loan will immediately appear in your Nebeus account in your relevant currency.

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Nebeus

Asked 3 years ago
Updated 3 years ago
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