TOP 10 QUESTIONS ANSWERED

Getting cash by depositing your crypto for everyday needs is easy — you can get a crypto-backed loan at any time fast and safely. Here are answers to the most frequently asked questions about crypto-backed loans and the process of issuing:

A crypto-backed loan is similar to a traditional secured loan, where a borrowed amount of money is expected to be paid for interest. The only difference is that cryptocurrency or other crypto-assets are provided as collateral. The lender can repossess the collateral in the case of default.

It’s safe, fast, untaxed and available 24/7.

As a responsible company, we follow the Anti Money Laundering Law (AML), terrorist financing and other regulations. Identification is part of this important but speedy process.

Collateral is securely stored for the loan duration. Once the loan is returned, the collateral is released.

Depending on the payment method chosen, the money can be transferred to your card the same day. If you choose a transfer to your bank account option, keep in mind that an international bank transfer can take up to 7 business days, an EU payment — up to 1 business day.

We use number IT solutions to ensure the security of your data. It‘s also complied with the laws and the highest standards of security when dealing with personal information of customers, including newly adopted European rules of General Data Protection Regulation or GDPR.

No. The development of HODL Finance has been financed by the shareholders and the management team of the company. ICO is not a funding instrument HODL Finance considers.

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