Our loans are tailored to suit your on  demand needs with no minimum amount, no fixed repayment, and interest charged on the draw.

Our application process is quick. Within a few hours the funds are in your account.

We provide extremely competitive interest rates and special conditions when looking at Lombard Loans. Contact us today to enquire further.


Loans FAQ: 

What can I borrow using Bit Bank Loans? 

Our loans offer a selected variety of cryptocurrencies and also fiat currency, including XBNK, USDC, BTC, and ETH, and precious metals such as Gold or Silver, as loanable assets and collateral.


What may I use the loan for? 

You are free to utilise the loan anyway you see fit, including staking, trading on the spot, margin, or futures markets, or even pulling money out.


How do the loan terms work? 

The range of loan terms is 7, 14, 30, 90, and 180 days. The interest is determined based on the number of hours borrowed, and you can always pay it back in advance. Early repayment is not subject to any penalties.


How is interest determined? 

Interest is calculated daily. Less than one day counts as one day. When money is borrowed, interest begins to accrue.


What happens if I’m late with a loan payment? 

For loans with periods of 7 and 14 days, we allow an overdue period of 72 hours, and for loans with maturities of 30, 90, and 180 days, we allow 168 hours. During this time, you will be charged three times the hourly interest rate. We will sell your collateral to recoup your loan if you don’t make payments after the grace period has passed.


What is LTV?

Loan-to-Value is also known as LTV. It consists of the total amount of your loan plus any applicable interest times the value of your collateral. The index price establishes the value. 

Loan Value to Collateral Value is known as LTV.


Advice and product fees may apply.