crypto.loans

CoinRabbit BTCloan: rates, LTV & how to borrow

Can I borrow against BTC on CoinRabbit?
Yes — you can borrow against Bitcoin (BTC) on CoinRabbit at 11.95–16.8% APR with up to 90% LTV, on a third-party basis with no KYC.

CoinRabbit accepts Bitcoin (BTC) as loan collateral. Bitcoin is the largest cryptocurrency by market cap and the most widely accepted collateral for crypto-backed loans. On CoinRabbit you can borrow USDT, USDC, BTC, ETH against your BTC at 11.95–16.8% APR, up to a maximum loan-to-value of 90%, on a third-party basis.

To borrow against BTC on CoinRabbit you open an account, complete sign-up (no KYC required), deposit your BTC as collateral, and draw a loan. CoinRabbit uses a third-party model, so consider how it secures collateral before committing a large BTC position.

Bitcoin's price volatility is the main driver of liquidation risk on a CoinRabbit loan, which is why the 90% maximum LTV exists. Borrowing well below it — and adding collateral or repaying when BTC falls — keeps your position out of the liquidation zone. CoinRabbit sources its rates on a verified, manually-tracked basis.

How to borrow against BTC on CoinRabbit

  1. 1Create a CoinRabbit account (no KYC required).
  2. 2Deposit your Bitcoin (BTC) as collateral.
  3. 3Choose your loan amount up to 90% LTV and receive USDT, USDC, BTC, ETH.
  4. 4Repay under CoinRabbit's terms to reclaim your BTC. Add collateral or repay early if BTC falls toward the liquidation level.

How CoinRabbit compares for BTC

7 platforms in our index accept BTC as collateral. On borrow rate, CoinRabbit ranks 6th of 7, behind Nexo's 1.9–18.9%. The table below puts CoinRabbit next to its closest BTC alternatives so you can weigh rate against custody and LTV.

NexoCeFi
Borrow APR
1.9–18.9%
Max LTV
50%
KYC
Required
Custody
Third-party
AaveDeFi
Borrow APR
4–8%
Max LTV
80%
KYC
No KYC
Custody
Self-custody
Borrow APR
5.9–12%
Max LTV
90%
KYC
Required
Custody
Third-party
Borrow APR
11.95–16.8%
Max LTV
90%
KYC
No KYC
Custody
Third-party

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Frequently asked questions

Can I borrow against BTC on CoinRabbit?
Yes. CoinRabbit accepts Bitcoin (BTC) as collateral, letting you borrow USDT, USDC, BTC against it at 11.95–16.8% APR, up to 90% loan-to-value.
What is the interest rate for a CoinRabbit BTC loan?
CoinRabbit's borrow APR is 11.95–16.8%. Confirm the current rate on the platform before borrowing, as terms can change.
Does borrowing against BTC on CoinRabbit require KYC?
No. CoinRabbit lets you borrow against BTC without identity verification.
What happens if my BTC collateral drops in value?
If your BTC falls far enough that your loan-to-value crosses CoinRabbit's liquidation threshold, part of your collateral can be sold to repay the loan. Keep a buffer below the 90% maximum LTV to reduce that risk.

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