Litecoin Collateralized Loans
Borrow against your Litecoin.
Get instant USD / USDC loans with competitive rates starting at 13%, powered by your LTC holdings. No credit checks, flexible terms, repay anytime.
Litecoin as Collateral
Secure, Fast, Flexible
- Starting interest rate
- 13%APR
- Loan-to-value
- Up to40%
- Repayment terms
- Flexible
- Borrow
- $1,000
- LTC collateral
- β
- Interest
- $10.83/mo
How it works
How Borrowing Works
Four simple steps to turn your LTC into the cash you need, without selling your assets
- 01
Create an Account
Sign up and verify your identity with our US-based platform in minutes.
- 02
Customize Your Loan
Choose your loan amount and terms based on your LTC holdings.
- 03
Deposit Collateral
Securely deposit your LTC as collateral for your loan.
- 04
Get Dollars
Receive USD, USDC or RLUSD directly to your bank account or crypto wallet.
Why Lantern
Why Borrow with Lantern Finance
Unlock the value of your Litecoin without selling your position
Competitive Rates
Starting at just 13%, our rates are designed to be transparent and fair.
Repay Anytime
No early repayment penalties, zero liquidation fees, and a 72-hour grace period if you ever receive a margin call.
Secure Storage
Your LTC is held by BitGo, a qualified US custodian, in insured cold storage with up to $250MM in coverage.
No Credit Checks
Your loan approval is based on your collateral, not your credit history.
Keep Your LTC
Access USD, USDC or RLUSD liquidity without selling your LTC holdings.
US-Based Company
Direct access to our US-based customer support team by phone and email β no bots, ever.
Terms
Litecoin Loan Terms & Details
Transparent terms designed to help you make informed borrowing decisions
Pricing & Limits
- Interest Rates
- Starting at 13% APR, based on loan-to-value ratio, plus 2% upfront fee
- Loan-to-Value (LTV)
- Up to 40%
- Minimum Loan Amount
- $1,000 USD / USDC
- Maximum Loan Amount
- $10,000,000 USD / USDC
Duration & Repayment
- Loan Duration
- 12 months
- Repayment Options
- Interest-only payments with option to prepay any portion at any time to lower outstanding balance
- Early Repayment
- No penalties for early repayment
Risk Management
- Margin Call Threshold
- Triggered when LTV rises above 65%. You will be notified and given a 72-hour grace period to add collateral or repay principal before any action is taken.
- Liquidation Threshold
- Liquidation may occur if a margin call is not resolved within the grace period. Zero liquidation penalties β no additional fees charged by Lantern.
Custody & Security
- Collateral Storage
- Secure cold storage through BitGo, our qualified custodian, insured up to $250MM
Design your loan
Litecoin Loan Calculator
See how much you can borrow against your LTC holdings
01Design your loan
| LTV | Interest rate |
|---|---|
| 0% β 40% | 0% |
Loan to Value (LTV) based on XRP. Rates lock at funding time.
02Loan summary
- Annual Percentage Rate(2% upfront fee + 0% interest rate)
- 2%
- Monthly Interest
- $0.00 / month
- Upfront Fee(taken out of loan amount)
- $20.00
No credit check Β· funds wired in 24h
What Our Customers Say
Join thousands of satisfied borrowers across the United States
βEasy Peasy! I just took out an XRP collateralized loan for a significant amount with Lantern Finance, which really took all of 10 minutes! Incredibly fast and impressive, if I do say so! I initially did it all online, but before pushing the submit button, I spoke to someone just making sure all the βeyesβ were dotted & βTsβ crossed before submitting. I would highly recommend considering Lantern Finance for those seeking a crypto collateralized loan.β
βEasy process to understand, follow and complete. Since I was able to apply loan for additional purchase of crypto, it gave me a better LTV and I got more than expected. A great experience.β
βThe terms are very reasonable and the process was straight forward. This platform is a breath of fresh air and a much needed service in the industry.β
βExcellent service and communication. The platform and transfer for collateral is seamless. I was very happy with how fast the funding was made available to my personal checking account. The sign up for loan along KYC was just as simple. Thus far, I am very impressed with Lantern services. I did consider obtaining a loan from an Exchange, however, Lantern Finance terms are very reasonable and LTV ratio with grace period offers security from liquidation.β
βI have initiated multiple loans on Lantern Finance and the experience has been excellent. The user interface on the platform is very comprehensive, all information about the amount of crypto collateral required for the dollar loan amount, interest charged (very reasonable), is clearly shown; and the interface also shows you the realtime status of your loan LTV, once you submit your collateral and receive your loan. The actual loan is approved and the loan proceeds are released very quickly, in minutes. Finally, Lantern Finance has 5 star customer service, a real, live person will take your call, or return your call in short order, and answer your questions.β
βIt was so simple to do and quite easy to understand. I was a bit hesitant to collateralize my account, but the Loan was approved instantly and funds were deposited into my bank account within 2 minutes. I was relieved. This is legit and I honestly found it unbelievable. This is great for the crypto industry. You can utilize your assets for lending. Hoorah!!!!β
βGreat experience, first time visit and loan. My transferred in collateral crypto was confirmed received in about 1 minute. Loan approval given once collateral was activated. 11% is a great rate imo, will pay off some 25% credit cards, and still own my crypto assets. All this done at 1am EST. Excellent.β
βDrew was the best representative I have ever talked to. He spent all the time I needed to making a profile, transferring assets and getting a loan. I felt like I was at home. I couldnβt believe how nice and welcoming the call was. I absolutely recommend using this platform. I have never felt more safe and secure than I do right now.β
Security
Your Security is Our Priority
Lantern Finance employs bank-level security to protect your assets
Insured up to $250MM
All collateral held by Lantern Finance is fully insured up to $250MM against theft, hacking, and loss, giving you complete peace of mind throughout your loan term
Learn more about how we safeguard your collateral with our custodian, BitGoSecure Cold Storage
Your collateral is stored with BitGo, our qualified custodian, with insured cold storage.
Fully Regulated
Our custodian BitGo is publicly traded (Ticker: BTGO), holds an OCC trust charter, and has had zero hacks or thefts since its founding in 2013. Lantern covers all custody costs β borrowers pay nothing extra.
Transparent Terms
Clear loan agreements with no hidden fees or surprise charges.
24/7 Monitoring
Continuous security monitoring and real-time alerts protect your assets.
FAQ
Questions, answered.
Still curious? Call, text or email [email protected] and a real person will get back to you.
- Lantern Finance is a US-based crypto company focused on offering the lowest rates for crypto-backed loans. Currently, we support the following crypto assets: Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Litecoin (LTC), XRP, Dogecoin (DOGE), Cardano (ADA), Hedera (HBAR), Stellar (XLM), Bitcoin Cash (BCH), SUI, and Chainlink (LINK).
Borrow against your Litecoin.
Rates starting at 13%. No credit checks, flexible terms, repay anytime.