3 best crypto loan platforms in India, how they work, key features – gadgets to use%


cryptocurrency has experienced a huge increase worldwide as well as in India this year with millions of new investors joining. After that, some crypto exchange they started borrowing loans based on cryptograms in India. These loans allow you to get money on behalf of your cryptocurrencies like Bitcoin without actually having to sell them. In this article, we will discuss what cryptogram based loans are, their key features and platforms that lend cryptocurrency based loans in India.

Related article Simple steps to convert Bitcoin and other cryptocurrencies into cash

Crypto loan in India

Cryptogram-based loans give you a loan for the current value of your cryptocurrency without having to sell them. The people who take those loans are called Borrowers and the process of taking a loan is called Borrowing.

How do crypto loans work?

Your crypto-property can be used as collateral to obtain a cash loan on its behalf. The loan amount and interest rate depend on the value of your cryptocurrency. You can get about 50-60% of the value of your total cryptocurrency.

Your crypt will be locked for the duration of the loan. It cannot be traded or sold until you repeat it, after which it will be unlocked and returned to you.

Key Features of Crypto Loans

This is a great option with high value cryptocurrencies. Someone can get good value for their cryptocurrency and get a loan to use or invest elsewhere without having to sell their cryptocurrency. Here are some key features of such loans:

1. Chances of profit

If you believe that the value of your cryptocurrency will increase during the loan period, you will make a profit, but since the value of the cryptocurrency changes unpredictably, if it falls, you will be at a loss.

2. Lower interest rate

Crypto loans are generally lower on an annual basis interest rate of 12-15% compared to traditional loans that can go up to 24% with a processing fee of 2-3%. This interest fee is decided by the community or the cryptocurrency exchange platform.

3. Loan without KYC

Some crypto exchange platforms allow you to get a loan without any background checks or KYC. So you can easily get a loan only based on the possession of the cryptocurrencies you want to borrow as collateral for the loan. This allows you to maintain anonymity and speeds up the process.

Also, read | The best places to buy anonymous Bitcoin without KYC

The best crypto loan platforms in India

Now that you have a clear understanding of crypto-loan-based loans and how they work, let’s take a look at some of the best platforms that allow you to get those loans. These platforms are not listed in any particular order.


CoinDCX is one of the most famous and trusted crypto exchanges here in India and in addition to trading, it also offers a range of crypto related services. Among all of them are giving and borrowing. CoinDCX allows you to borrow and borrow in 12 different cryptocurrencies and is a very reliable borrowing option.

For more information, you can visit this one page.

Related article CoinDCX app: How to use, refer to, buy and sell cryptocurrencies and withdraw money


Binance is another big name on the list of the best crypto exchanges. Just like CoinDCX, it is reliable with the right support teams. Binance gives you loans in a number of different cryptocurrencies. It charges you interest per hour and you can get a loan for as long as 6 months. You should check them out Frequently Asked Questions Page for more information.


Cashaa is a UK-based platform that acts more as an exchange office and a digital cryptocurrency bank. It is slowly growing its customer base in India, and recently launched an option to allow customers to get a loan against their crypto assets. The best part is that it allows you to get a loan without KYC just based on the value of your cryptocurrency.

They also offer tempting options for users who open a savings account at Cashai. You can visit Dinner website for more information.


There is a fundamental risk associated with crypto loans. But they are still a good opportunity to get a loan using their inactive funds. We have discussed the various aspects and platforms on which you can get these loans and we hope you now have a clear idea and understanding of crypto-based loans in India.

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