- Backed Loan
Interest rate for CoinStrat loans?
What digital assets can be used for collateral?
Am I eligible for a loan?
What can I use a CoinStrat crypto backed loan for?
Loan to value calculation: How do you determine the LTV ratio?
Will my credit score be affected by applying for a CoinStrat loan?
Does Loan Collateral also earn interest?
How long does the processing time take place on a loan?
How To Pay My Monthly Interest Payments?
What is the loan margin process if price drops?
• Backed LoanHow long does the processing time take place on a loan?
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Loans are funded on a best effort basis in the order they were received, typically in 1-2 business days once we receive full collateral. We fund every business day around 4-6PM Eastern time. Please see key requirements/notes below:
We only fund on Business days (Monday through Friday, not weekends or bank holidays).
We do our best to fund all loans in which we receive full collateral in 1-2 business days. However, we can not guarantee funding the same day. We hope to improve the loan process in the near future to expedite our loan processing times.
If we receive collateral after 2:30PM EST, funds will go out the following business day at the earliest.