CoinRabbit: Instant Crypto-Backed Loans with Flexible Terms

Introduction

Crypto lenders have become essential in decentralized finance (DeFi), offering users liquidity without requiring them to sell their digital assets. However, many platforms impose rigid repayment schedules, high interest rates, hidden fees, and limited collateral options.

CoinRabbit addresses these challenges by providing instant crypto-backed loans with no credit checks, no fixed repayment deadlines, and competitive interest rates (starting at 1.586% monthly). The platform allows users to borrow stablecoins like USDT and USDC using their crypto assets as collateral. With a user-friendly interface, competitive interest rates, and broad cryptocurrency support, CoinRabbit is designed for accessibility and efficiency.

What is CoinRabbit? 

Launched in 2020, CoinRabbit is a cryptocurrency lending platform that provides instant, collateral-backed loans without needing credit checks or fixed repayment periods. Users can pledge their digital assets as collateral and receive stablecoins (typically USDT and USDC) within minutes while maintaining ownership of their assets as long as they meet collateral requirements.

The platform supports over 130 cryptocurrencies as collateral options, and 300+ cryptocurrencies for seamless swapping and storing. Collateral options include Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Solana (SOL), Cardano (ADA), Dogecoin (DOGE), and Shiba Inu (SHIB). With no loan term limits, investors can hold their loans indefinitely by paying periodic interest.

Key Features 

• Instant Crypto Loans: CoinRabbit does not require credit checks, paperwork, or lengthy approval processes. Funds are available within minutes.

• Flexible Repayment: No fixed loan terms. Users can hold their loans indefinitely by paying monthly interest. 

• Low APR: The monthly interest rate starts at 1.586%.

• Loan-to-Value (LTV) Ratio: It offers LTV as low as 50% and as high as 90%, allowing users to borrow a significant portion of their digital asset’s value.

• Diverse Collateral Options: The platform supports over 130 cryptocurrencies as collateral, including popular ones like BTC, ETH, and DOGE.

• Security and Privacy: It features cold wallet storage, two-factor authentication (2FA), no credit checks, no-verification policy, making crypto management free and safe.

• Multi-Currency Wallet and Exchange: Users can store, swap, and manage their crypto holdings within the platform.

How It Works

1. Loan Application: Users visit CoinRabbit’s dedicated website, enter their desired loan amount, and calculate the necessary collateral. No credit checks or verification are required. Users only need an email or phone number to register.
2. Collateral Deposit: Users transfer the required collateral to the address provided by CoinRabbit.
3. Loan Disbursement: Once verified, CoinRabbit sends the loan in stablecoins (USDT or USDC) to your wallet within 10-15 minutes.
4. Loan Management: You can repay your loans at any time, with interest added monthly. Moreover, you can increase your loan size, which lowers your liquidation price.
5. Collateral Protection: CoinRabbit features a system that safeguard users’ collateral from liquidation. For instance, as you near a margin call, you have the option to manually increase your deposit or set up automatic top-ups to ensure your position remains secure.

Moreover, the platform provides automatic notifications as you approach a margin call. This gives you enough time to top up your deposit before any liquidation risk arises.

Pros and Cons

Pros

• Fast and easy loan processing (10-15 minutes)  
• No credit checks or KYC requirements  
• Competitive interest rates (starting at 1.586% monthly)  
• Supports over 130 cryptocurrencies for collateral
• No fixed repayment periods  
• High LTV ratios (starting from 50% to 90%)  

Cons

• High liquidation risk if the collateral value drops significantly

Conclusion 

CoinRabbit offers a flexible and accessible solution for crypto-backed loans, providing instant liquidity without credit checks or fixed repayment terms. With competitive interest rates, support for over 300 crypto assets, and a user-friendly process, it caters to investors seeking quick funds while retaining ownership of their digital assets.