Use your crypto as collateral for a euro loan. Or lend your euros to those who can provide the best guarantees.
Since this market is not yet covered by banks, crypto-backed loans are between private individuals and/or business clients of CheckSig.
Two parties can enter into a euro-denominated loan agreement using crypto held in custody with CheckSig as collateral.
CheckSig is not authorized to lend money under Article 132 of the Consolidated Banking Act (D.Lgs. 385/1993) and will only act as escrow holder, limited to the obligations and rights related to its role.
We have seen loans from ten thousand euro up to one million euro and beyond, typically for durations of 1 or 2 years.
Borrowers have been providing crypto collateral covering 200-500% of the loaned euro amount.
In recent months, interest rates have been between 6% and 12%.
The custody of crypto collateral for euro loans is just one of the services offered by CheckSig. Also see:
Trade crypto easily, flexibly, reliably, and optimally, even for large amounts.
Benefit from the safety chosen by financial institutions to secure Bitcoin and crypto.
Earn from staking your crypto: it’s simple, secure, and profitable.
Access training, reporting and updates from top Bitcoin and crypto specialists.
Seize the opportunities that come from true understanding of Bitcoin and crypto.
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