Frequently Asked Questions
Most frequent questions and answers
- What is a cryptocurrency loan?
A cryptocurrency loan is a service that allows you to borrow funds using digital assets such as BTC, ETH, or USDT as collateral.
- How does a cryptocurrency loan work?
In a cryptocurrency loan, you deposit a certain amount of crypto as collateral and then receive funds in exchange. Once the loan is paid off, you get your crypto back.
- What cryptocurrencies do you accept as collateral?
We currently accept BTC (Bitcoin) and USDT (Tether) as collateral for our loans.
- What is the typical length of a cryptocurrency loan?
The term of our cryptocurrency loans typically ranges from 30 days to 120 months, depending on your needs and agreed terms.
- What are the eligibility criteria for getting a cryptocurrency loan?
To be eligible for a cryptocurrency loan, you must have eligible digital assets as collateral and meet minimum credit requirements.
- How can I get an assessment of the value of my cryptocurrency?
We use real-time valuation methods to estimate the value of your cryptocurrency. This assessment is based on reliable market sources.
- What are the interest rates for cryptocurrency loans?
Interest rates vary depending on market conditions and your credit profile. We offer competitive rates to ensure your satisfaction
- What is the repayment procedure for cryptocurrency loans?
You can repay your cryptocurrency loan by making regular payments in the agreed currency. The details of the reimbursement will be specified in the contract.
- Can I recover my cryptocurrency used as collateral before the end of the loan?
Yes, you can get your cryptocurrency used as collateral back after repaying the entire loan including the agreed interest.
- How can I contact customer service if I have additional questions?
You can contact us by email at support@binjohn.com Our customer service team will be happy to help you