Find the Best Crypto Loan for You
Independent comparison of 8 crypto lending platforms. Real rates, honest reviews, transparent methodology. Updated February 2026.
Compare All Crypto Loan Providers
| Provider | Type | Interest Rate | Max LTV | KYC | Speed | Rating | |
|---|---|---|---|---|---|---|---|
| Ledn Top Pick | CEFI | 12.4% – 13.9% | 50% | Required | 24-48 hours | Review | |
| Nexo Top Pick | CEFI | 2.9% – 13.9% | 80% | Required | instant | Review | |
| CoinRabbit Top Pick | CEFI | 12% – 17% | 70% | None | 10 minutes | Review | |
| Unchained Capital | CEFI | 14% – 16% | 40% | Required | 3-5 business days | Review | |
| YouHodler Top Pick | CEFI | 3% – 26% | 97% | Required | instant | Review | |
| Aave Top Pick | DEFI | 2% – 15% | 82.5% | None | instant (1 transaction) | Review | |
| Compound | DEFI | 2% – 12% | 83% | None | instant (1 transaction) | Review | |
| MakerDAO (Sky) | DEFI | 4% – 8% | 77% | None | instant (1 transaction) | Review |
Top Picks for 2026
Our highest-rated crypto lending platforms, selected based on rates, security, transparency, and user experience.
Ledn
Regulated BTC-backed loans with proof-of-reserves
Nexo
60+ collateral options with instant credit lines
CoinRabbit
No-KYC instant crypto loans with 70+ collateral options
YouHodler
Ultra-high LTV loans (up to 97%) with 50+ assets
Aave
Largest DeFi lending protocol — $15B+ TVL, multi-chain
Browse by Category
Best CeFi Loans
Custodial platforms with customer support and fiat payouts
Best DeFi Loans
Permissionless protocols — no KYC, self-custody
Best Bitcoin Loans
Borrow against your BTC without selling
No-KYC Loans
Borrow without identity verification
Highest LTV
Maximize borrowing power — up to 97% LTV
Lowest Rates
The cheapest crypto loans from 2.9% APR
Crypto Loans FAQ
What is a crypto loan?
A crypto loan lets you borrow cash (USD, EUR, or stablecoins) by using your cryptocurrency as collateral. You keep ownership of your crypto — if you repay the loan, you get it back. If the value of your collateral drops too far, the lender may liquidate (sell) it to cover the loan.
How do crypto loans work?
You deposit cryptocurrency as collateral with a lending platform. Based on the loan-to-value (LTV) ratio, you receive a loan in fiat or stablecoins. You pay interest on the loan and repay it over time. Once repaid in full, your collateral is returned. If your collateral value drops below a threshold, the platform may liquidate it.
What is LTV (Loan-to-Value) in crypto lending?
LTV is the ratio of your loan amount to the value of your collateral. For example, if you deposit $10,000 in Bitcoin and borrow $5,000, your LTV is 50%. Lower LTV means less liquidation risk but less borrowing power. Most platforms offer 50-80% LTV.
What happens if my crypto collateral drops in value?
If your collateral value drops and your LTV exceeds the platform's liquidation threshold, the platform may sell some or all of your collateral to repay the loan. This is called liquidation. Many platforms send margin call warnings before liquidating, giving you time to add more collateral or repay part of the loan.
What is the difference between CeFi and DeFi crypto loans?
CeFi (Centralized Finance) loans are offered by companies that custody your assets and handle the lending process. They typically require KYC and offer customer support. DeFi (Decentralized Finance) loans use smart contracts on blockchains — no KYC needed, you keep custody of your keys, but there's no customer support if something goes wrong.
Do I need KYC for a crypto loan?
It depends on the platform. CeFi platforms like Ledn and Nexo require full identity verification (KYC). DeFi protocols like Aave and Compound require no KYC — just a crypto wallet. Some CeFi platforms like CoinRabbit also offer no-KYC loans.
Not Sure Where to Start?
Read our complete guide to understanding crypto loans — how they work, what to look for, and how to choose the right platform.
Read the Complete Guide