Escrow Holder
Use the escrow holder service for cryptos posted as collateral in a euro loan that you want to provide or be a beneficiary of, or in any contract.
Maximize the utility of crypto assets as collateral for a euro loan
CheckSig can be the escrow holder in a euro euro loan between individuals and/or businesses secured by crypto:
- the borrower uses their crypto assets at CheckSig to obtain euro liquidity without having to sell their crypto;
- the lender earns a highly lucrative interest rate with substantial collateral held at CheckSig.
Borrower and lender must be or become CheckSig clients.
CheckSig as custodian
Upon request from borrower and lender, CheckSig acts as escrow holder:
- custodies the crypto collateral certifying its amount,
- continuously monitors its market value,
- guarantees its automatic liquidation if its market value falls below the liquidation threshold (e.g., 130% of the loaned capital).
Simple and fast
You must simply have certified email (PEC) and qualified electronic signature (QES). If you do not already have them, they can be obtained from IntesiGroup:
- PEC LITE for €6.10
€8.54with the code PECSIG25 - Cloud Signature for €51.24
€85.40with the code CHECKSIG25
CheckSig is NOT authorized to lend money under the Italian Banking Act (D.Lgs. 385/1993) and acts ONLY as a custodian, limited to the obligations and rights associated with this role. Additionally, the loan agreement is made between the parties: CheckSig does not act as a facilitator, agent, or credit broker.
Are you interested in the escrow holder service for cryptos posted as collateral in a euro loan that you want to provide or be a beneficiary of?
Fill out the online form.
Amounts, rates, and durations
In the deals that have requested our escrow holder service, the collateral provided is usually 200-500% of the loan amount (Loan-To-Value between 50% and 20%, respectively).
Of course, the loan terms are agreed upon by the parties: CheckSig only acts as the custodian of the crypto collateral. Anyway, we do not offer our escrow holder service in deals with collateral less than 200% or amount less than ten thousand euro.
We have seen loans up to over one million euros, typically with durations of 1 to 2 years, and interest rates between 6% and 12%, the lower rate being for the higher collateral.
A complete range of services
Crypto custody as collateral for a euro loan is just one of the services offered by CheckSig. See also:
Trading
Buy, sell, and swap crypto easily, flexibly, reliably, and optimally, even for large amounts.
Custody
Benefit from the security chosen by banks and financial institutions to secure Bitcoin and crypto.
Staking
Earn from staking your crypto: it’s simple, secure, and profitable.
Tax
Enjoy the tranquility to be flawless, with the only tax withholding crypto operator in Italy.
Training
Access training, reporting and updates from top Bitcoin and crypto specialists.
Consulting
Seize the opportunities that come from true understanding of Bitcoin and crypto.
Resources
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