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One of the advantages brought by cryptocurrencies is the lack of financial intermediaries. But this is not only for sending and receiving money, but also for loans. And a number of platforms already offer loan services in cryptocurrencies. And as an advantage, users can be both borrowers and lenders. Learn about some of the cryptocurrency lending platforms listed by the Criptonoticias Portal:

ETHLend uses smart contracts for loans

The ETHLend is a decentralized lending platform that uses smart contracts. Through them, the borrowers report how much they need. Loan contracts don’t have custody. And they are funded by an amount that guarantees that the borrower will have the resources to pay.

In addition, the ETHLend platform also manages a reputation system, called credit tokens, that only work within the platform. This platform operates with ETH, BTC and the DAI Stablecoin, besides the native token LEND. The loan data is auditable and the system has interoperability with the bitcoin blockchain.

Celsius net has an interest rate of 4.95%

 The operation of this platform is quite simple. Users can earn up to 10% interest on their cryptocurrencies. Minimum deposit or withdrawal fees are not charged. A calculator shows how much users can earn weekly. The platform accepts BTC, ETH, LTC, DASH, XRP, among others.

Users can also request loans in dollars or stablecoins using their cryptocurrencies as guarantee. Interest rates are around 4.95%. However, there is a minimum loan limit of US$ 3000. To take the loan, the user must block a similar amount.

Regardless of the deposit as the lender on the platform, Celsius lends resources to crypto hedge funds and returns 80% of the interest, sharing it with its community. In this way, lenders can earn up to 7.5%.

SALT works with association system

The SALT, acronym for Secured Automated Lending Technology, is a startup created in 2017 that offers a lending system that facilitates the obtaining of fiduciary currency. Thus, it allows a certain amount of cryptoassets to be secured as backup. These currencies are stored offline, due to security measures.

SALT works with an association system. Thus, the higher the value paid, the higher the values that can be acquired. Besides, they also include other benefits, such as different currencies and better payment deadlines.

The loans range from US$ 5,000 to US$ 25 million. The creditor decides the interest rates to be charged and, when accepting the loan contract, the borrower approves the fee. Fiduciary currencies can be exchanged for cryptoassets such as bitcoin (BTC), ether (ETH) and Ripple (XRP). Creditors must also pay for the membership.


The BlockFi’s cryptographic lending services also works with a warranty deposit. Lenders can earn up to 6.2% per year – rate that is not very interesting for the Brazilian standards. The financing is done on the same day by means of a currency or stablecoin. The amount taken may be paid in a single installment at the closing date or refinanced.

The BlockFi grants loans to housing, cars and offers the option to pay credit card debts with these cryptocurrency secured loans. The funds come from the deposits of other users who open accounts on the platform. The assets are protected by the Gemini Trust Company.


Headquartered in Estonia, Inlock works the same way as the others. That is, users can invest their money to earn interest and request loans. They claim to be an independent fintech, with no connection to banks or credit services.

The site operates under a P2P model that ensures that interest rates are determined by the dynamics of supply and demand. In addition, the borrower has to deposit cryptocurrencies in warranty. The loans start at US$ 100 and are backed by anchored cryptocurrencies.

YouHodler provides loans in dollars and euros

YouHodler is a platform focused on providing loans in dollars and euros, backed by cryptocurrencies such as bitcoin (BTC), bitcoin Cash (BCH), ether (ETH), litecoin (LTC), monero (XLM), ripple (XRP), dash (DASH) and augur (REP), plus some stablecoins.

The platform has its own fund in fiduciary currency. Therefore, unlike the others, there is no need to seek a creditor. Loan authorizations and releases are almost instantaneous. It offers interest of up to 12% per year on deposits in cryptoassets. At YouHodler it is possible to get loans up to US$ 30,000.

CoinLoan works as a custody service

CoinLoan is another P2P lending platform supported in crypto. Borrowers receive money without needing to sell cryptocurrencies and investors offer loans to obtain gains. It is possible to obtain loans up to 3 years and lend only 50 dollars, as long as there is enough guarantee.

The borrowers agree to pay interest on time. Otherwise, the warranty deposit in cryptocurrencies runs. After the entire loan is cancelled, the creditor receives his funds with the interest earned and the cryptocurrencies under warranty return to the borrower.

In this case, CoinLoan works only as the custodian. Participants can make transactions with fiduciary currencies such as dollar, euro, British pound and ruble; And with cryptocurrencies such as bitcoin (BTC), ether (ETH), Litecoin (LTC) and monero (XMR). They can also use the stablecoins TUSD, GUSD, USDC, PAX, PAXO, DAI and USDT.

Compound allows lending of five cryptocurrencies

Compound works through the registration of smart contracts in the Ethereum blockchain. And it allows users to generate interest through their deposits. It is possible to borrow among the five cryptocurrencies that are traded there: ether (ETH), 0x (ZRK), DAI, basic attention Token (BAT) and Augur (REP). Deposits can be made in ether or other tokens.

The administration of the platform is from Compound Labs, Inc., which has power over all deposited funds. The interest rate is updated whenever a block is added to the Ethereum blockchain. Therefore, the value will vary depending on the supply and demand in the market.