USD Coin Loans

The average period of giving loans is 15 minutes and the average time of releasing collaterals is 1 hour, depending on how fast our partner receives your deposit and can then give it back (deposits are usually stored in cold wallets to ensure better safety). Kindly note that the current state of the network and the network fee size can affect the transaction speed. For your comfort, we're constantly checking the average fee amount and using it on the Loan calculator page.

The annual percentage rate depends on the selected crypto loan currencies and ranges from 12% to 17%. The crypto interest is calculated monthly from the time the crypto currency loan was taken and is included in the repayment amount. Remember, Guarda Wallet is only an interface, and there are no fees added by our service — it is free.

There is no way for it to be possible. As you already know, our team (and so all of our partners) is especially careful about any sensitive data and access. Your phone number will always be protected and will only be used for important notifications. Remember, you can change the notification settings at any time after taking the deposit.

The collateral’s currency rate doesn't affect the amount of the loan buyback at the time of closing. You will receive the exact amount of collateral for the exact amount you loaned (+ accumulated APR). It doesn't matter if your collateral currency's rate goes up or down — it doesn't affect the amount you borrow. In fact, after your loan is repaid you get back the exact amount of collateral for the exact amount you borrowed before (+ accumulated APR).

The service fee is 10% of on-chain rewards.

Our partner carefully keeps it safe for the whole period. Although, if the rate of the collateral currency reaches the LP (liquidation price), the collateral will be automatically liquidated and the loan will be closed. It is impossible to return the collateral after liquidation – that’s why you will receive a notification when the current rate reaches any risk zone or the liquidation price. That is why we strongly advise you to provide email and mobile phone number which you can access and check freely from time to time.

After your collateral deposit transaction is successfully confirmed, our partners process your funds through the automatic risk management system. A simple check may be possible if the system notices anything uncommon — this helps to reduce scams and fraudulent activities in the crypto world, and it is important to understand that if you encounter a check. After the successful check, if it is needed, the loan will be transferred to the wallet you’ve selected at the start. Then, after your funds have reached you, your loan becomes active. As a reminder, it can be active for as long as you’d like. Just keep in mind that you're accumulating the APR the whole time your loan is active, and it needs to be paid at the end when you'll repay your loan and get your crypto back.

We support the following crypto currencies as a collateral: ZIL, IOTX, ZEC, MATIC, LRC, PAXG, KNC, AAVE, OKB, HBAR, ADA, DGBB, SLP, RACA, BRISE, FUSE, BONK, KISHU, JASMY, FLOKI, BONE, QUACK, PIT, ID, SHIB, XVG, XRP, DOGE, DOT, XMR, VET, BNB, LTC, AVAX, ALGO, TRX, ZEC, DASH, WAVES, ATOM, XLM, SOL, ETC, NEAR, EOS, FIRO, XTZ, CAKE, GMT, EGLD, RVN, WOO, FLUX, BAT, SUSHI, CHR, MKR, ANKR, COMP, CELR, MANA, SNX, YFI, ONT, WIN, AXS, SAND, APE, AXS, 1INCH, WBTC, CVX, RSR, AUDIO, BAL, LINK, FTT, QNT, CRV, REP, NEXO, LPT, STORJ, AMP, ILV, ANT, SRM, IMX, ENS, HOT, GALA, CTSI, UMA, GNO, OKB, CHZ, ENJ, GRT, ZRX, UNI, BNT, USDT (ETH, TRX, BSC), USDC, BUSD