20 Best Cryptocurrency Lending & Fiat Loan Blockchain Platforms To Use

Different cryptocurrency projects have been offering a wide variety of services for the cryptocurrency market. Some of the most important is the possibility to give crypto loans.

Cryptocurrency lending platforms work by connecting borrowers to a network of lender registered on the platform. In this case, borrowers receive their cryptocurrencies back once the borrower pays the loan. Most of the platforms have loans that are backs by assets, including real estate. But other platforms let users take loans that are backed by Bitcoin or other virtual currencies.

For lenders it could be an opportunity to earn some interest by lending it to other users. Borrowers would be able to avoid the pressure to sell cryptos when they do not feel it is the time to do that.

20 Best Cryptocurrency Lending Blockchain Platforms

So cryptocurrency loan platforms solve the liquidity problem that the market has at this moment. But let’s check some of the most popular and known lending coins.


BeeLend is able to connect borrowers and lenders in different countries. It is possible to transact loans directly among themselves through enforceable agreements. There are BeeLend verified investors that fund loans from verified borrowers and borrowers that can repay the loans in regular monthly basis.

In this platform, users are also able to fund these loans using virtual currencies like Bitcoin (BTC), Ethereum (ETH) and other cryptos. The fees of the platform can only be paid using fiat currencies, which is a disadvantage of it.


In a similar way to BeeLend, Bitbond connects borrowers and lenders on a peer-to-peer basis, allowing users to borrow up to $25,000 dollars. It is possible to start for as low as 1% monthly, and works on the Bitcoin blockchain.

The company provides loans to eBay and Amazon sellers for a duration between 6 weeks to 12 months. The platform was available in many different countries around the world.

It is important to mention that it is possible to lend Bitcoin and earn between 13% and 20% interest. At the same time, users are able to put their money in USD or EUR. The company has now over 100,000 borrowers and lenders.


This is another platform that works as an exchange but supports fiat and crypto lending. Since 2016, users can borrow or lend their assets to other interested parties. The exchange provides an interesting service known as Margin Funding in which users are able to provide funding in the form of multiple currencies to Bitfinex traders.

In this way, it is possible to earn daily passive income by just lending USD or cryptocurrencies. Once you create an account and deposit virtual currencies, then you can send funds to the funding wallet address, and set it up for a passive income. The interest will start appearing in your account.


BlocFi, is located in New York and offers users the possibility to borrow money against their BTC and ETH holding in 35 different US states. Borrowers are able to make a monthly interest on payments in dollars or cryptocurrencies.

It is important to mention that if the value of the cryptocurrency increases, then it is kept in a storage until the loan is repaid full. There are different benefits for institutional borrowers that use this platform.

They can have access to fiat liquidity and support daily business operations and more. Moreover, they can make large cryptocurrency-backed investments in other markets. The interest rate provided by the company is around 12 percent.


Born as an ICO that raised over $50 million dollars, it facilitates lending fiat currencies for cryptocurrency holdings as collateral. Users can lend low interest loans in dollars. It is a great platform for those individuals that need fiat for daily expenses.

It lets users have some benefits by lending their cryptos instead of having them on a cold wallet. It is a similar way for investors to earn from lending virtual currencies as it happens in the traditional banking industry with fiat money.


The Japanese-based company has been lending cryptocurrencies since a very long time. Coincheck offers the possibility to lenders to lend their virtual currencies and have an interest rate of 5 percent. The company offers Bitcoin and other assets including Monero, XRP, Ether and more.

It is very easy to use the platform. The user needs to deposit virtual currencies and make a lending applications after agree to sign a smart contract. Once the loan period ends, the company returns the loan and the annual percentage rate.


This platform, as the others, allows borrowers to be connected with the lenders. It provides fiat loans to borrowers against crypto holdings. Borrowers deposit cryptocurrencies in their account and then, they get a loan up to 70% of the market value. Once the amount is paid back, they get their crypto collateral.

Lenders on the CoinLoan platform will be able to deposit fiat currencies, and then they get their money back and an interest once the loan is repaid by the borrower. As in CoinCheck, the process works with smart contracts.

The platform works internationally, and the minimum loan is as low as $50 dollars. The maximum is limited only by the borrower’s and lender’s budget.

Credible Friends

This is another application that lets users lend and borrow Bitcoins… but from friends. It is available for iOS and Android. Lenders can get their funds back once borrowers settle the amount. Users can import contacts from their phones and also send e-mail invites.

Borrowers pay 25% APR interest on loans borrowed using the average daily balance method. Then, lenders receive 60% of all interest and fees. Lenders are able to earn 13% by lending to other peers, and the charges are applied monthly and the amount is paid to lenders and borrowers.


This company facilitates connection between lenders and borrowers. It is possible to be connected and negotiate everything managed by a smart contract.

The borrower pledges pre-approved ERC-20 tokens on the platform. Lenders are able to check the type of collateral in the smart contract. But it is important to mention that there are 90 supported digital tokens.

The platform offers a loan duration of 30 days.

EthLend has its own cryptocurrency known as LEND tokens that are used to access discounts on fees and services. Moreover, the company launched the Kogia platform on Alpha, which has a premium feature that allows users a 1 head star in funding of the loan request. It is possible to unlock that with 500 LEND tokens and have the privilege for 30 days.


Kambo offers cash loans against crypto assets as collateral. The platform is part of the GK Group, an important established fin-tech company. At the moment, they have offices in 18 countries around the world and over 1,000 people working.

Users specify the amount of loan to apply for and deposit cryptocurrencies to the Kambo wallet. After it they receive 50% of the crypto asset market value in the bank account. The loan is re-paid at any time desired before they can have their cryptocurrencies back.

Lending Block

Lending Block allows hedge funds, investors and market makers to have crypto asset loans from other parties including individuals or institutions that want to have an additional income. The loans are over-collateralized using a virtual currency.

Back in April, the company was able to raise $10 million dollars in an Initial Coin Offering and it uses LND tokens as fuel for the lending engine.


Lendo is one of the newest platforms in the market for borrowers and lenders. It is planning to start offering a full service in April 2019. At the same time, it allows approved lenders to give loans to borrowers against cryptocurrency holdings as collateral.

THe UK lenders are regulated by the Financial Conduct Authority (FCA) and it brings onboard instant loan application confirmation.

Money Token

This is another company that provides cryptocurrency loans using a stablecoin known as MTC and a decentralized exchange service. During the last months, they were able to raise more than $35 million dollars in an Initial Coin Offering.

Money Token offers loans against cryptocurrency assets, allowing users to stop selling crypto holdings for a future benefit. It is possible to borrow liquid funds that cn be collateralized with assets like Bitcoin or Ethereum.

The platform is powered by a technology called Amanda, which is an Artificial Intelligence Assistant. Amanda analyses clients’ activity including loan awarding and repayment so as to generate predictive actions for future financial services.

Moreover, with the help of smart contracts, the platform keeps functioning. Moreover, it can help those users that are holding an ICO to access cash without red tapes.


Nebeus that allows users to buy and cryptocurrencies. It also allows users to have fiat loans against BTC and ETH for a very low interest rate of 20%. The turnaround time is 24 hours.

Lenders make an offer for a loan and borrowers receive an email about the same offer. Borrowers are also able to take a loan by clicking on the ‘request a loan’ button.

It is possible to get a loan carrying a fixed amount from a single investor or they are able to participate by taking a loan that has been provided by different investors to a single borrower.

There are other functionalities in the platform with differential repayment models, and more. Lenders can see the borrower’s solvency with a rank provided by the company. Those users that confirm their identities, earn 10 ranking points allowing them to start borrowing.


This company is currently powered by a publicly listed European FinTech company known as Credissimo. It specializes in instant loans, bill payment services, and e-commerce financing. The platform allows users to access fiat loans against crypto holdings.

It offers a very interesting feature, because users can spend the money received using their Nexo Credit Card or receive the amount desired in their own bank accounts. In order to get a loan it is important to provide crypto assets to the Nexo wallet.

After it, the user can get a loan in their preferred currency. Those users that pay the loan with NEXO tokens receive a discount on the interest rates paid. At the moment it is available for PC and Android users, but the community is growing and in the future it can be available in iOS.


Othera is a Sydney.based company that connects lenders and investors and offers a marketplace for its users. It provides transparency between loan originators, investors and regulators. The lenders can put loans on the blockchain and trade them with investors.

Permissioned investors and regulators can view the credit quality of the loans that are being processed in the platform. Lenders can then help building transparency, reducing risk and more.


Poloniex is currently one of the most important virtual currency exchanges in the market. It has an important number of tokens supported and it offers margin trading for its users. Additionally, it supports several cryptocurrencies for its lending program, including Bitcoin, Ether, Doge, Dash, Litecoin and more. But, it is important to mention that the exchange does not offer fiat lending.

Cryptocurrency users are able to borrow coins to margin traders on the exchange. That means that users may have three different accounts, for the exchange, for margin and another one for lending.

The funds of the account of those borrowing money will be taken as collateral while trading with margin and with funds borrowed from other users.

SALT Lending

In order to become a SALT Lending member it is necessary to purchase SALT tokens, which are ERC20 tokens that are worth $25 dollars each. The Membership fee is related to the amount of loan, starting from 1 SALT membership (with loans up to $10,000), and reaching 100 SALT ($1 million dollars).

In order to have access to the loans, users need to deposit Bitcoin and / or other virtual currencies as collateral. In general, applications are approved the same day requested. At the moment, the interest rates that need to be paid range between 10 and 15 percent.

According to the platform, it has given more than $40 million dollars in loans to 14 different jurisdictions around the world, servicing over 64,000 platform users.

Lenders need to be Accredited Investors compliant to the Regulation D of 17 CFR 230.501 et seq, and pass the SALT Lending Sustainability Test. Once these steps are completed, it is possible to invest US dollars, directly with registered investment advisors.

Unchained Capital

This platform is very similar to the one that we have mentioned before. US citizens can take loans with their Bitcoin and Ether holdings.

In order to participate in the platform, users need to open an account on the website and complete an application form. After it is approved by the team, money is sent to the borrower’s bank account.

The company uses the CME CF Bitcoin Real Time Index in order to calculate the loan-to-value ratios and collateralization for BTC.

Moreover, the borrower has to add more collateral or make a principal payment if the value of their collateral loses 25% of its capitalization. In case the value goes down 45 percent, Unchained Capital is able to sell the money and recover the loan. In case the price of the coin increases, the situation is very similar. It is possible to have partial returns of collateral provided upon request.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide