Earn in any market conditions with CoinRabbit

Regardless of market conditions, the CoinRabbit crypto lending service has all the tools for earning successfully in the market. CoinRabbit users have access to a range of flexible earning solutions while also being able to get loans quickly without having to undergo time consuming credit checks, KYC or platform registration.

This service was founded by a team of experienced crypto veterans and its industry partners include important projects such as ChangeNOW and Guarda Wallet.

From the outset CoinRabbit has distinguished itself from other lending services by accepting a very broad range of popular cryptocurrencies as collateral. For example, it is one of the first lenders to support DOGE, NANO and DGB – helping to grow community adoption. CoinRabbit’s commitment to adding new coins is ongoing, and the platform says it will be adding Monero (XMR) in the near future.

What are crypto loans?

CoinRabbit’s crypto loans provide its clients with facilities to get a stablecoin loan in return for their crypto assets as collateral. Due to the volatility of the cryptocurrency market crypto loans are over-collateralized which serves as a means of insurance for the lender. This means if the value of your crypto asset increases or decreases, it will not change the initial calculations of your loan repayment amount.

CoinRabbit Benefits:

• No verification, credit history or KYC required

• Unlimited time frames. You can withdraw your deposit at any time

• Withdrawal of funds is not suspended when the market is dumping

• No maximum deposit amount

• CoinRabbit accepts BTC, ETH, DOGE, NANO, XRP, DGB, FIRO, BCH, UNI, LINK, MKR, CHZ, SNX, COMP, ENJ, BAT, SUSHI, YFI, ZRX, FTM, and BNT as collateral and this list is always growing

• If you plan to use your received funds for trading the risks would be much lower than while margin trading, for example. You are not tied to an exact trading pair.

• Annual Interest Rate – 10% APR. Clients can pay the interest at any time before closing the loan

• Zero additional fees for the loans over 30 days

• If significant price dumping occurs, clients will receive several warnings of a possible liquidation

• You can increase your deposit amount at any time to increase the liquidation price and minimize the risk

• Clients can get their deposit back at any time by paying off the repayment price. This usually takes about 20-30 minutes

• Due to 50% LTV you will be able to buy nearly the same amount of your collateral asset once the market falls and/or your collateral is liquidated.
  For example, if you decided to use 1 BTC as collateral at $60,000 price and the market dumps for 45% (at this point liquidation happens) then you would’ve been able to buy almost the same amount of collateral (1 BTC for this exact case) at $33,000 price by using your initially received loan amount.

How to get a crypto loan on the platform

1. To get a crypto loan, you need to navigate to the CoinRabbit platform and select the “Borrow” option.

2. Next, choose the loan amount in stablecoins (USDT ERC20 / USDC / USDT TRC20) that you’d like to receive.

3. Further, you will need to enter your wallet address and add your phone number for tracking the loan status.

   • In the column “Your address to pay out stablecoins” you will need to enter your stablecoin wallet address in order to receive the loan.

   • Next, when you have entered your phone number, you will receive an SMS verification, at which time you need to specify the verification code.

4. After confirmation, you will see a CoinRabbit address to send your deposit asset.

5. Finally there will be several security processing checks relating to the receipt of the funds. The whole process of getting the loan takes about 10-15 minutes. It’s as easy as that.

Bear Market Loans: How To Earn While Others Are Losing

Bear Market Loans with unlimited time frames are another useful CoinRabbit feature that will help you successfully follow short strategies or just earn at a time when others are losing.

If you think the market is about to dump and you are ready to execute a short strategy. Utilizing a Bear Market loan, you can sell the received currency, catch the fall and buy the same currency – then you take the profit and pay off the loan.

CoinRabbit Earnings: Opportunities For Passive Earnings

CoinRabbit also offers the opportunity to earn passive income from your stablecoins with returns backed by our loan income. The whole process is as simple as possible:

• First choose your deposit amount and the stablecoin you would like to deposit: USDT or USDC

• Verification is processed with your phone number. It will be needed to check your deposit status

• Next, confirm and send your deposit. The funds pass the verification and AML security layer, and our risk-control system checks every transaction in the blockchain

• From the first day your deposit is active you begin earning on your stablecoins

• Your 6% APY is accumulated and updated on a daily basis, and can be checked on your CoinRabbit dashboard

• You can add to your deposit at any time and increase your potential earnings

• There are no fixed terms for your deposits. Only you decide when to deactivate your deposit and withdraw your funds

Crypto Earning can be useful in the following scenarios:

• You believe in your assets and you want to HODL it while earning passively.

• If you do not want to risk trading in a volatile market, and are not sure about its future movement, you have a safe solution to increase the value of your assets.

• With any market movement or even in the case of market stagnation you will continue to earn with CoinRabbit Earnings. It’s as easy as that — make your deposit and start earning now.