How do crypto loans work?

Crypto loans work by allowing borrowers to use their cryptocurrency as collateral to secure a loan. This means that instead of selling their crypto holdings when they need cash, individuals can borrow against the value of their crypto assets. Typically, a borrower deposits their cryptocurrency into a digital wallet on a lending platform, where it is locked until the loan is repaid. The loan amount is usually a percentage of the crypto's current market value, often ranging from 50% to 70%. This approach enables crypto holders to retain their investments while accessing the liquidity they need, potentially benefiting from any price increases over the loan period. For example, let's say you have $1,000 worth of Ethereum on a crypto exchange that supports loans. You can use your ETH to take out a $500 - $700 loan. This amount can be in Ethereum, but also in other cryptocurrencies, including USDT. You can use the borrowed funds for trading, staking or airdrops. Once you are ready to repay the loan, you get to keep your original Ethereum, and any potential earnings you made by using the loaned funds.

Why would anyone take out a crypto loan?

Crypto loans offer a unique way to unlock quick liquidity from digital assets without having to sell them, providing immediate access to funds for urgent financial needs or new investment opportunities. By leveraging crypto exchanges with loans, the process becomes remarkably simple and user-friendly, allowing borrowers to access funds with just a few clicks. This instant availability is especially beneficial for crypto investors who anticipate potential profits from rising market values and wish to retain their investments to benefit from future appreciation and any associated passive income opportunities like staking rewards. Crypto loans also streamline the borrowing process by eliminating traditional barriers such as credit checks and lengthy approval procedures. This not only speeds up the access to funds but also maintains the privacy of the borrower’s financial history, focusing solely on the value of the crypto assets as collateral. The approach is discreet, efficient, and opens up financial possibilities to individuals who might face challenges securing traditional financing. Furthermore, opting for a crypto loan can be a savvy financial strategy for managing potential tax liabilities. In many jurisdictions, liquidating cryptocurrencies triggers capital gains taxes; however, by taking out a loan against them, borrowers can defer these taxes and possibly enhance their overall tax positioning. Crypto loans also allow investors to stay invested in their digital assets over the long term, offering the flexibility to repay the loan and reclaim their collateral, which is ideal for those bullish on the future of cryptocurrencies. This combination of tax efficiency, asset retention, and easy access to capital makes crypto loans an attractive option for managing and growing digital wealth.

Are there any risks to crypto loans?

Crypto loans, while offering numerous advantages, come with their own set of risks that borrowers must consider. One of the most significant risks is the inherent volatility of cryptocurrencies. The value of digital assets can fluctuate wildly within very short periods, affecting the loan-to-value (LTV) ratio agreed upon at the initiation of the loan. If the value of the collateral decreases significantly, it may trigger a margin call where the borrower must add more collateral to maintain the required LTV ratio. Failure to meet margin calls can lead to the liquidation of the borrower's assets to cover the loan, resulting in substantial financial loss. Another risk factor in crypto loans is the interest rate, which can be considerably higher than that of traditional loans. Because cryptocurrencies are perceived as riskier assets, lenders often charge higher interest rates to offset the increased risk of default or sudden market downturns. These rates can vary widely depending on the platform and market conditions, potentially increasing the cost of borrowing significantly. This can be especially burdensome for borrowers if the crypto market enters a bear phase, where the value of collateral might decrease while repayment costs rise due to high-interest rates. Regulatory uncertainty also adds a layer of risk to taking out crypto loans. The legal framework for cryptocurrency is still under development in many regions, and sudden changes in regulations can have unforeseen effects on the terms and viability of crypto loans. New regulations could impose stricter requirements on lending platforms, change the legal status of crypto assets, or even restrict the use of cryptocurrencies altogether. These risks highlight the need for potential borrowers to conduct thorough research and consider their financial stability and risk tolerance before committing to a crypto loan. While crypto loans can provide fast and flexible financial solutions, they also require a clear understanding of the market dynamics and regulatory environment that could impact the borrower's financial commitments and outcomes.

Can I get a crypto loan without collateral?

On centralized exchanges, no you will not be able to get a crypto loan without providing collateral. Most platforms claiming to offer crypto loans without collateral are scams. Nobody will let you borrow money from them without ensuring they will get their funds back.

Crypto Exchanges with Loans

Read Review

Link bonus:

: 10%

: $100

#1 Binance

5.0/5

Binance is the world’s leading cryptocurrency exchange, offering an impressive combination of low trading fees, excellent liquidity, and one of the largest selections of digital assets on the market. Whether users want to buy their first Bitcoin, actively trade, earn passive rewards through staking, or explore advanced products like futures and trading bots, Binance brings everything together under one platform. Its continuous product development, global reach, and comprehensive ecosystem make it a top choice.

: 750+

: 2017

: ₿ 109,773

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P market

Mobile App

Demo trading

Recurring & scheduled buy

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Stocks, Commodities & Forex

Trading Bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpool

Fees

Trading fees:

Spot Maker Fee: 0.1%
Spot Taker Fee: 0.1%
Futures Maker Fee: 0.02%
Futures Taker Fee: 0.05%

Additional 10% fee discount when using our referral signup link.

Additional $100 signup bonus when using our referral signup link.

Fiat deposit fees:

Visa/Mastercard: 2%
ACH (USD): $1 (US only)
SEPA (EUR): No fee
GBP: 1 GBP
SWIFT: Min. €0.5, max. 1.2%

View all deposit & withdraw fees

Safety

Exchange launched in 2017

Number of users: 320 million

Licenses & registrations: 23

Proof of Reserves

Highly regulated

Considered very safe

Volume & Altcoins

Number of altcoin pairs: 750

Last 24h trade volume (in BTC): 109,773

High trading volume

High liquidity

Read Review

Link bonus:

: 10%

: $30,000

#2 Bybit

5.0/5

Bybit is one of the leading cryptocurrency exchanges for users who want more than basic buying and selling. It combines competitive trading fees, deep liquidity, spot, futures and options markets, copy trading, trading bots, staking, Launchpool rewards, and a polished mobile app in one platform. Whether the goal is active trading, automated investing, or earning passive income on crypto holdings, Bybit offers a broad feature set backed by fast performance and an intuitive user experience.

: 750+

: 2018

: ₿ 20,415

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P market

Mobile App

Demo trading

Crypto ATM cards

Recurring & scheduled buy

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Stocks, Commodities & Forex

Trading Bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpool

Fees

Trading fees:

Spot Maker Fee: 0.1%
Spot Taker Fee: 0.1%
Futures Maker Fee: 0.02%
Futures Taker Fee: 0.055%

Additional 10% fee discount when using our referral signup link.

Additional $30,000 signup bonus when using our referral signup link.

Fiat deposit fees:

Visa/Mastercard: 1.10% EU, 2.70%-3.05% Non-EU
SEPA (EUR): 0.19% (€1 min.)
GBP: 0.92% via ZEN
SWIFT: 0.25% or 0.51% (min. €15 or €25)

View all deposit & withdraw fees

Safety

Exchange launched in 2018

Number of users: 86 million

Licenses & registrations: 9

Proof of Reserves

Highly regulated

Considered very safe

Volume & Altcoins

Number of altcoin pairs: 750

Last 24h trade volume (in BTC): 20,415

High trading volume

High liquidity

Read Review

Link bonus:

: 20%

: $10,000

#3 Gate

5.0/5

Gate is a comprehensive crypto exchange that combines one of the industry’s largest selections of digital assets with an extensive suite of trading, investing, and Web3 services. Beyond spot trading, it offers futures, margin, options, staking, lending, automated trading tools, copy trading, and early access to new token launches, making it suitable for users who want everything in one platform. Backed by more than a decade of operating history, proof of reserves, and a strong focus on security, Gate is a top choice for traders seeking endless opportunities and advanced features.

: 1,750+

: 2013

: ₿ 19,625

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P market

Mobile App

Demo trading

Crypto ATM cards

Recurring & scheduled buy

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Stocks, Commodities & Forex

Trading Bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpool

Fees

Trading fees:

Spot Maker Fee: 0.1%
Spot Taker Fee: 0.1%
Futures Maker Fee: 0.02%
Futures Taker Fee: 0.05%

Additional 20% fee discount when using our referral signup link.

Additional $10,000 signup bonus when using our referral signup link.

Fiat deposit fees:

Visa/Mastercard: 2.5%
SEPA (EUR): 0.5%
GBP: 0.5%

View all deposit & withdraw fees

Safety

Exchange launched in 2013

Number of users: 55 million

Insurance fund: 500 million USD

Licenses & registrations: 12

Proof of Reserves

Highly regulated

Considered very safe

Volume & Altcoins

Number of altcoin pairs: 1750

Last 24h trade volume (in BTC): 19,625

High trading volume

High liquidity

Read Review

Link bonus:

: 20%

: $10,000

#4 OKX

5.0/5

OKX is one of the most comprehensive exchanges on the market, combining competitive trading fees, deep liquidity, and an extensive range of products for both new and experienced users. Alongside spot trading, it offers futures, options, margin trading, staking, crypto loans, automated trading bots, and one of the strongest integrated Web3 ecosystems. With support for hundreds of cryptocurrencies, multiple fiat payment methods, and robust security features, OKX has grown into a well-rounded platform that caters to traders, long-term investors, and users looking to explore decentralized finance from a single account.

: 500+

: 2017

: ₿ 18,403

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P market

Mobile App

Demo trading

Crypto ATM cards

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Trading Bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpool

Fees

Trading fees:

Spot Maker Fee: 0.08%
Spot Taker Fee: 0.1%
Futures Maker Fee: 0.01%
Futures Taker Fee: 0.05%

Additional 20% fee discount when using our referral signup link.

Additional $10,000 signup bonus when using our referral signup link.

Fiat deposit fees:

Visa/Mastercard: 1.50% to 2.49%
ACH (USD): No fee
SEPA (EUR): No fee
SWIFT: No fee

View all deposit & withdraw fees

Safety

Exchange launched in 2017

Number of users: 120 million

Licenses & registrations: 5

Proof of Reserves

Highly regulated

Considered very safe

Volume & Altcoins

Number of altcoin pairs: 500

Last 24h trade volume (in BTC): 18,403

Read Review

Link bonus:

: 10%

: $11,000

#5 KuCoin

4.9/5

KuCoin is one of the most comprehensive exchanges in the market, combining an extensive selection of digital assets with competitive trading fees and a wide range of advanced features. Whether users want to buy crypto with fiat, trade spot or futures markets, automate strategies with trading bots, earn passive income through staking and Launchpool, or explore Web3 services, KuCoin brings everything together on a single platform. Its active P2P marketplace, global availability, robust security measures, and intuitive desktop and mobile apps make it an excellent choice for everyone.

: 1,000+

: 2017

: ₿ 14,096

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P market

Mobile App

Demo trading

Crypto ATM cards

Recurring & scheduled buy

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Trading Bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpool

Fees

Trading fees:

Spot Maker Fee: 0.1%
Spot Taker Fee: 0.1%
Futures Maker Fee: 0.02%
Futures Taker Fee: 0.06%

Additional 10% fee discount when using our referral signup link.

Additional $11,000 signup bonus when using our referral signup link.

Fiat deposit fees:

Visa/Mastercard: 4.5%
SEPA (EUR): €1

View all deposit & withdraw fees

Safety

Exchange launched in 2017

Number of users: 45 million

Licenses & registrations: 4

Proof of Reserves

Highly regulated

Considered very safe

Volume & Altcoins

Number of altcoin pairs: 1000

Last 24h trade volume (in BTC): 14,096

High trading volume

Read Review

Link bonus:

: 20%

: $1,500

#6 HTX

4.7/5

HTX is a built around advanced trading, strong liquidity, and a broad selection of digital asset products. The platform offers spot, margin, and futures markets, along with features like staking, crypto loans, trading bots, and structured investment products, giving users multiple ways to trade and manage their assets. With competitive fees, a powerful trading interface, global availability, and a long operating history, HTX is particularly appealing to experienced traders looking for a feature-rich platform with a strong focus on derivatives trading.

: 750+

: 2013

: ₿ 20,776

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdrawals

P2P market

Mobile App

Demo trading

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Stocks, Commodities & Forex

Trading Bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpools

Fees

Trading fees:

Spot Maker Fee: 0.2%
Spot Taker Fee: 0.2%
Futures Maker Fee: 0.02%
Futures Taker Fee: 0.06%

Additional 20% fee discount when using our referral signup link.

Additional $1,500 signup bonus when using our referral signup link.

Fiat deposit fees:

Visa/Mastercard: 1.40% + $0.75
ACH (USD): 0% - 1.5%
SEPA (EUR): 0.15% + 1 EUR

View all deposit & withdraw fees

Safety

Exchange launched in 2013

Number of users: 59 million

Licenses & registrations: 2

Proof of Reserves

Volume & Altcoins

Number of altcoin pairs: 750

Last 24h trade volume (in BTC): 20,776

Read Review

Link bonus:

: $6,200

#7 Bitget

4.9/5

Bitget is known as a strong futures trading platform, extensive copy trading ecosystem, and wide range of digital asset services. The platform offers spot, margin, and derivatives markets alongside features like staking, crypto loans, P2P trading, trading bots, and AI-powered tools. With competitive fees, a user-friendly interface, strong mobile app, proof of reserves, a large protection fund, and a growing focus on security and transparency, Bitget provides a versatile trading environment for both beginners and experienced crypto users.

: 850+

: 2018

: ₿ 7,621

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P market

Mobile App

Demo trading

Crypto ATM cards

Recurring & scheduled buy

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Stocks, Commodities & Forex

Trading Bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpool

Fees

Trading fees:

Spot Maker Fee: 0.1%
Spot Taker Fee: 0.1%
Futures Maker Fee: 0.02%
Futures Taker Fee: 0.06%

Additional $6,200 signup bonus when using our referral signup link.

Fiat deposit fees:

Visa/Mastercard: 4%
SEPA (EUR): No fee
SWIFT: USD only, no fee

View all deposit & withdraw fees

Safety

Exchange launched in 2018

Number of users: 120 million

Insurance fund: 560 million USD

Licenses & registrations: 11

Proof of Reserves

Highly regulated

Considered very safe

Volume & Altcoins

Number of altcoin pairs: 850

Last 24h trade volume (in BTC): 7,621

Read Review

Link bonus:

: $10,000

#8 MEXC

4.6/5

MEXC is known for its ultra-low trading fees, extensive cryptocurrency selection, and fast access to new token listings. The platform supports spot and futures trading, copy trading, demo accounts, recurring purchases, and a wide range of fiat payment options, making it suitable for both beginners and experienced traders. Its strong futures market, active P2P marketplace, and early access to emerging assets make it especially popular among active traders and altcoin enthusiasts. With competitive promotions and features like MX token rewards and launch events, MEXC offers a varied trading environment for users who value choice, affordability, and market access.

: 1,750+

: 2018

: ₿ 14,838

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P market

Mobile App

Demo trading

Crypto ATM cards

Recurring & scheduled buy

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Stocks, Commodities & Forex

Trading Bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpool

Fees

Trading fees:

Spot Taker Fee: 0.05%
Futures Taker Fee: 0.02%

Additional $10,000 signup bonus when using our referral signup link.

Fiat deposit fees:

Visa/Mastercard: 2%
SEPA (EUR): €1.25

View all deposit & withdraw fees

Safety

Exchange launched in 2018

Number of users: 40 million

Insurance fund: 750 million USD

Proof of Reserves

Volume & Altcoins

Number of altcoin pairs: 1750

Last 24h trade volume (in BTC): 14,838

Read Review

Link bonus:

: 10%

: $8,888

#9 XT

4.5/5

XT is a versatile crypto exchange with a large selection of altcoins with a wide range of trading and earning features. The platform supports spot and futures trading, copy trading, automated bots, staking, loans, and other tools designed for different types of users. Its optional KYC system, high withdrawal limits, frequent promotions, and wide global availability make it especially attractive to traders who value unrestricted access to markets and assets. While it may not offer the same regulatory reputation as some larger exchanges, XT provides a comprehensive platform with plenty of features for users looking for an all-in-one crypto trading experience.

: 1,000+

: 2018

: ₿ 24,838

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P market

Mobile App

No KYC

Demo trading

Crypto ATM cards

Recurring & scheduled buy

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Stocks, Commodities & Forex

Trading Bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpool

Fees

Trading fees:

Spot Maker Fee: 0.2%
Spot Taker Fee: 0.2%
Futures Maker Fee: 0.04%
Futures Taker Fee: 0.06%

Additional 10% fee discount when using our referral signup link.

Additional $8,888 signup bonus when using our referral signup link.

Fiat deposit fees:

View all deposit & withdraw fees

Safety

Exchange launched in 2018

Number of users: 8 million

Licenses & registrations: 2

Proof of Reserves

Volume & Altcoins

Number of altcoin pairs: 1000

Last 24h trade volume (in BTC): 24,838

Read Review

#10 WhiteBIT

4.5/5

WhiteBIT is a feature-rich European crypto exchange known for a strong security focus, competitive trading fees, and broad range of services. The platform supports spot, margin, and futures trading, while also offering staking, crypto loans, recurring purchases, and convenient fiat payment options through cards, SEPA, Google Pay, and Apple Pay. With a clean interface, mobile support, proof of reserves, and additional benefits through its WBT token, WhiteBIT provides a reliable and accessible platform for beginners and experienced traders. Its combination of usability, compliance efforts, and expanding ecosystem makes it a strong choice for users looking for an all-around crypto exchange.

: 450+

: 2018

: ₿ 8,863

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P trading

Mobile App

Demo trading

Crypto ATM cards

Recurring & scheduled buy

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Stocks, Commodities & Forex

Trading Bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpool

Fees

Trading fees:

Spot Maker Fee: 0.1%
Spot Taker Fee: 0.1%
Futures Maker Fee: 0.01%
Futures Taker Fee: 0.055%

Fiat deposit fees:

Visa/Mastercard: 1.5% to 3.5%
SEPA (EUR): 0.1% to 0.2%
GBP: Supported in UK, unknown fees
SWIFT: $100 (USD only)

View all deposit & withdraw fees

Safety

Exchange launched in 2018

Number of users: 8 million

Insurance fund: 30 million USD

Licenses & registrations: 9

No Proof of Reserves

Highly regulated

Considered very safe

Volume & Altcoins

Number of altcoin pairs: 450

Last 24h trade volume (in BTC): 8,863

Read Review

Link bonus:

: $14,000

#11 BitMart

4.5/5

BitMart is a reliable, global crypto exchange known for its huge selection of cryptocurrencies, competitive trading fees, and broad range of markets. The platform supports spot, margin, and futures trading, while also offering access to traditional assets like stocks, commodities, indices, and forex. With features such as copy trading, staking, demo trading, optional KYC, and regular promotions, BitMart provides a complete experience for both beginners and active traders.

: 1,150+

: 2018

: ₿ 22,020

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P market

Mobile App

No KYC

Demo trading

Crypto ATM cards

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Stocks, Commodities & Forex

Trading Bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpool

Fees

Trading fees:

Spot Maker Fee: 0.1%
Spot Taker Fee: 0.1%
Futures Maker Fee: 0.02%
Futures Taker Fee: 0.06%

Additional $14,000 signup bonus when using our referral signup link.

Fiat deposit fees:

Visa/Mastercard: 6%

View all deposit & withdraw fees

Safety

Exchange launched in 2018

Number of users: 13 million

Licenses & registrations: 4

No Proof of Reserves

Volume & Altcoins

Number of altcoin pairs: 1150

Last 24h trade volume (in BTC): 22,020

Read Review

Link bonus:

: 5%

: $11,205

#12 BingX

4.6/5

BingX is a versatile crypto exchange with strong copy trading tools, competitive futures fees, and wide selection of markets. The platform combines spot and derivatives trading with access to tokenized stocks, forex, commodities, and indices, giving users more options than many traditional crypto exchanges. Its simple onboarding, optional KYC, fiat payment support, and user-friendly interface make it approachable for beginners, while active traders benefit from advanced charts, trading bots, and deep futures features. With proof of reserves, a large insurance fund, and a broad range of trading services, BingX offers a comprehensive experience for users looking for a flexible all-in-one trading platform.

: 950+

: 2018

: ₿ 4,766

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P market

Mobile App

No KYC

Demo trading

Crypto ATM cards

Recurring & scheduled buy

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Stocks, Commodities & Forex

Trading Bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpools

Fees

Trading fees:

Spot Maker Fee: 0.1%
Spot Taker Fee: 0.1%
Futures Maker Fee: 0.02%
Futures Taker Fee: 0.05%

Additional 5% fee discount when using our referral signup link.

Additional $11,205 signup bonus when using our referral signup link.

Fiat deposit fees:

Visa/Mastercard: 3.8%
SEPA (EUR): No fee
SWIFT: No fee

View all deposit & withdraw fees

Safety

Exchange launched in 2018

Number of users: 40 million

Insurance fund: 150 million USD

Licenses & registrations: 2

Proof of Reserves

Volume & Altcoins

Number of altcoin pairs: 950

Last 24h trade volume (in BTC): 4,766

Read Review

Link bonus:

: 10%

: $100

#13 CoinEx

4.4/5

CoinEx provides a simple user experience with a broad selection of trading and earning features. It offers hundreds of cryptocurrencies, spot and futures markets, staking, savings products, trading bots, copy trading, and Web3 wallet support, making it suitable for both casual and experienced users. The platform’s optional KYC model, competitive futures fees, accessible VIP system, and strong security measures are some of its biggest advantages. While fiat support is limited, CoinEx remains a flexible choice for users who value privacy, altcoin variety, and a feature-rich trading environment.

: 900+

: 2017

: ₿ 619

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P market

Mobile App

No KYC

Demo trading

Recurring & scheduled buy

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Stocks, Commodities & Forex

Trading Bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpool

Fees

Trading fees:

Spot Maker Fee: 0.2%
Spot Taker Fee: 0.2%
Futures Maker Fee: 0.03%
Futures Taker Fee: 0.05%

Additional 10% fee discount when using our referral signup link.

Additional $100 signup bonus when using our referral signup link.

Fiat deposit fees:

Visa/Mastercard: 3%
SEPA (EUR): 1.1%

View all deposit & withdraw fees

Safety

Exchange launched in 2017

Number of users: 10 million

Insurance fund: 33 million USD

Proof of Reserves

Volume & Altcoins

Number of altcoin pairs: 900

Last 24h trade volume (in BTC): 619

Read Review

Link bonus:

: $100

#14 Kraken

4.4/5

Kraken is one of the most established crypto exchanges, known for its strong security standards, regulatory compliance, and reliable trading infrastructure. The platform offers a wide range of crypto markets alongside expanding TradFi options, including real stocks, futures, and tokenized equities, giving users access to multiple asset classes in one place. With deep liquidity, strong fiat support, advanced trading tools, and a long operating history, Kraken remains a trusted choice for users who value stability, transparency, and professional-grade features.

: 750+

: 2013

: ₿ 15,243

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P trading

Mobile App

Demo trading

Crypto ATM cards

Recurring & scheduled buy

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Stocks, Commodities & Forex

Trading bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpools

Fees

Trading fees:

Spot Maker Fee: 0.4%
Spot Taker Fee: 0.8%
Futures Maker Fee: 0.02%
Futures Taker Fee: 0.05%

Additional $100 signup bonus when using our referral signup link.

Fiat deposit fees:

Visa/Mastercard: 3.75% + €0.25
ACH (USD): Free
SEPA (EUR): Free in EU, €3 worldwide
SWIFT: $3 CAD, USD or GBP, 0.75 CHF

View all deposit & withdraw fees

Safety

Exchange launched in 2013

Number of users: 15 million

Licenses & registrations: 16

Proof of Reserves

Highly regulated

Considered very safe

Volume & Altcoins

Number of altcoin pairs: 750

Last 24h trade volume (in BTC): 15,243

Read Review

Link bonus:

: $175

#15 Crypto.com

3.8/5

Crypto.com is a globally recognized platform that combines trading, staking, payments, and everyday crypto services into a single ecosystem. It has a very strong regulatory presence, wide fiat payment support, secure infrastructure, and additional features like the Crypto.com Visa card, Web3 wallet, and recurring purchases. With support for a broad range of users across major markets, a user-friendly mobile experience, and competitive futures trading fees, Crypto.com offers a convenient option for investors looking for a regulated and safe platform.

: 450+

: 2019

: ₿ 10,104

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P trading

Mobile App

Demo trading

Crypto ATM cards

Recurring & scheduled buy

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Stocks, Commodities & Forex

Trading Bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpools

Fees

Trading fees:

Spot Maker Fee: 0.25%
Spot Taker Fee: 0.50%
Futures Maker Fee: 0.02%
Futures Taker Fee: 0.04%

Additional $175 signup bonus when using our referral signup link.

Fiat deposit fees:

Visa/Mastercard: 2.99%
ACH (USD): No fee
SEPA (EUR): No fee
GBP: No fee
SWIFT: No fee

View all deposit & withdraw fees

Safety

Exchange launched in 2019

Number of users: 150 million

Insurance fund: 120 million USD

Licenses & registrations: 23

Proof of Reserves

Highly regulated

Considered very safe

Volume & Altcoins

Number of altcoin pairs: 450

Last 24h trade volume (in BTC): 10,104

Read Review

Link bonus:

: $50

#16 Coinbase

3.7/5

Coinbase is one of the most established and trusted crypto exchanges, offering a simple user experience, strong regulatory compliance, and extensive fiat payment support across many regions. Its biggest strengths are easy crypto purchases, reliable banking integrations, strong security practices, and accessibility for beginners entering the market. The platform is especially useful as a fiat on-ramp and off-ramp, though its high spot trading fees make it less attractive for frequent traders.

: 400+

: 2012

: ₿ 18,183

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P trading

Mobile App

Demo trading

Crypto ATM cards

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Trading bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpools

Fees

Trading fees:

Spot Maker Fee: 0.6%
Spot Taker Fee: 1.2%
Futures Maker Fee: 0.02%
Futures Taker Fee: 0.04%

Additional $50 signup bonus when using our referral signup link.

Fiat deposit fees:

Visa/Mastercard: 3.99%
ACH (USD): Free
SEPA (EUR): €0.15
GBP: Free
SWIFT: GBP free, USD $25

View all deposit & withdraw fees

Safety

Exchange launched in 2012

Number of users: 100 million

Licenses & registrations: 11

Proof of Reserves

Highly regulated

Considered very safe

Volume & Altcoins

Number of altcoin pairs: 400

Last 24h trade volume (in BTC): 18,183

High trading volume

High liquidity

Read Review

Link bonus:

: $15,000

#17 Phemex

4.0/5

Phemex is a medium-sized but feature-rich crypto exchange focused on competitive fees and advanced trading tools. It’s best known for its futures markets, where low maker fees, customizable interfaces, and professional-grade features attract active traders. The platform also offers spot trading, tokenized stocks, staking, copy trading, trading bots, TradingView integration, and optional KYC. While it lacks some passive investing features and extra services found on larger exchanges, Phemex remains a strong choice for traders looking for an efficient platform with powerful tools and competitive pricing.

: 650+

: 2019

: ₿ 11,418

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P market

Mobile App

No KYC

Demo trading

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Trading Bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpools

Fees

Trading fees:

Spot Maker Fee: 0.1%
Spot Taker Fee: 0.1%
Futures Maker Fee: 0.01%
Futures Taker Fee: 0.06%

Additional $15,000 signup bonus when using our referral signup link.

Fiat deposit fees:

Visa/Mastercard: 0.8% - 3.5%
ACH (USD): 0.08% to 2%
SEPA (EUR): 0.08% to 2%
GBP: 0.08% to 2%
SWIFT: 0.08% to 2%

View all deposit & withdraw fees

Safety

Exchange launched in 2019

Number of users: 10 million

Licenses & registrations: 4

Proof of Reserves

Volume & Altcoins

Number of altcoin pairs: 650

Last 24h trade volume (in BTC): 11,418

Read Review

Link bonus:

: $1,788

#18 Bitrue

3.9/5

Bitrue is a crypto-focused exchange known for its wide altcoin selection, competitive trading fees, and easy onboarding with optional KYC. The platform offers spot trading, futures, copy trading, staking, recurring purchases, and other earning tools, giving retail users a broad range of ways to use their crypto. Its BTR token discounts, regular promotions, and simple interface make it appealing to active traders looking to reduce costs, while its lack of direct fiat support, advanced institutional features, and deeper security transparency keep it better suited for everyday crypto traders rather than professional investors.

: 750+

: 2018

: ₿ 6,696

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P trading

Mobile App

No KYC

Demo trading

Recurring & scheduled buy

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Stocks, Commodities & Forex

Trading bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpool

Fees

Trading fees:

Spot Maker Fee: 0.098%
Spot Taker Fee: 0.098%
Futures Maker Fee: 0.02%
Futures Taker Fee: 0.06%

Additional $1,788 signup bonus when using our referral signup link.

Fiat deposit fees:

View all deposit & withdraw fees

Safety

Exchange launched in 2018

Number of users: 41 million

Insurance fund: 25 million USD

Licenses & registrations: 2

No Proof of Reserves

Volume & Altcoins

Number of altcoin pairs: 750

Last 24h trade volume (in BTC): 6,696

Read Review

#19 Bitfinex

3.4/5

Bitfinex was founded in 2012 and offers spot trading, derivatives, margin trading, lending, and other digital asset services for retail and institutional users. It still has deep liquidity, a broad range of trading pairs, and advanced tools that cater more toward experienced traders. The platform’s interface can feel dated and less user-friendly compared with newer exchanges, while fiat deposit fees can be relatively expensive. Despite past scrutiny over security breaches and regulatory issues, Bitfinex remains one of oldest crypto exchanges, with zero-fee trading options helping it stay relevant and attract active traders.

: 100+

: 2012

: ₿ 1,940

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P trading

Mobile App

Demo trading

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Trading bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpools

Fees

Trading fees:

Fiat deposit fees:

ACH (USD): 0.1% (min. $60)
SEPA (EUR): €5
GBP: £5
SWIFT: $5

View all deposit & withdraw fees

Safety

Exchange launched in 2012

Licenses & registrations: 1

Proof of Reserves

Volume & Altcoins

Number of altcoin pairs: 100

Last 24h trade volume (in BTC): 1,940

Large crypto exchanges are always looking to provide additional financial services, and many are offering their customers the ability to take crypto loans. For experienced investors, loans can provide a quick capital boost without having to sell cryptocurrency holdings.

Crypto loans are generally intended for experienced investors who know how to put their assets to work, either by trading or investing in launchpools and airdrops.

How Crypto Loaning Works

Exchanges with crypto loans allow anyone to borrow crypto, and use it for trading or margin. Some platforms will even let you withdraw loaned crypto to other exchanges or wallets (but you will need to keep collateral, of course).

Platforms with crypto loans also let anyone loan their idle assets to others at virtually no risk. This works similar to Staking, and it’s often the source of yields in various earn and savings programs.

It’s important to note that taking out crypto loans typically comes with very high yearly interest. It can be upwards of 50%, depending on asset. Lending crypto on centralized exchanges is an easy process, but should be done with caution and care.

FAQs

How do crypto loans work?
Crypto loans work by allowing borrowers to use their cryptocurrency as collateral to secure a loan. This means that instead of selling their crypto holdings when they need cash, individuals can borrow against the value of their crypto assets. Typically, a borrower deposits their cryptocurrency into a digital wallet on a lending platform, where it is locked until the loan is repaid.

The loan amount is usually a percentage of the crypto's current market value, often ranging from 50% to 70%. This approach enables crypto holders to retain their investments while accessing the liquidity they need, potentially benefiting from any price increases over the loan period.

For example, let's say you have $1,000 worth of Ethereum on a crypto exchange that supports loans. You can use your ETH to take out a $500 - $700 loan. This amount can be in Ethereum, but also in other cryptocurrencies, including USDT. You can use the borrowed funds for trading, staking or airdrops. Once you are ready to repay the loan, you get to keep your original Ethereum, and any potential earnings you made by using the loaned funds.
Why would anyone take out a crypto loan?
Crypto loans offer a unique way to unlock quick liquidity from digital assets without having to sell them, providing immediate access to funds for urgent financial needs or new investment opportunities. By leveraging crypto exchanges with loans, the process becomes remarkably simple and user-friendly, allowing borrowers to access funds with just a few clicks. This instant availability is especially beneficial for crypto investors who anticipate potential profits from rising market values and wish to retain their investments to benefit from future appreciation and any associated passive income opportunities like staking rewards.

Crypto loans also streamline the borrowing process by eliminating traditional barriers such as credit checks and lengthy approval procedures. This not only speeds up the access to funds but also maintains the privacy of the borrower’s financial history, focusing solely on the value of the crypto assets as collateral. The approach is discreet, efficient, and opens up financial possibilities to individuals who might face challenges securing traditional financing.

Furthermore, opting for a crypto loan can be a savvy financial strategy for managing potential tax liabilities. In many jurisdictions, liquidating cryptocurrencies triggers capital gains taxes; however, by taking out a loan against them, borrowers can defer these taxes and possibly enhance their overall tax positioning. Crypto loans also allow investors to stay invested in their digital assets over the long term, offering the flexibility to repay the loan and reclaim their collateral, which is ideal for those bullish on the future of cryptocurrencies. This combination of tax efficiency, asset retention, and easy access to capital makes crypto loans an attractive option for managing and growing digital wealth.
Are there any risks to crypto loans?
Crypto loans, while offering numerous advantages, come with their own set of risks that borrowers must consider. One of the most significant risks is the inherent volatility of cryptocurrencies. The value of digital assets can fluctuate wildly within very short periods, affecting the loan-to-value (LTV) ratio agreed upon at the initiation of the loan. If the value of the collateral decreases significantly, it may trigger a margin call where the borrower must add more collateral to maintain the required LTV ratio. Failure to meet margin calls can lead to the liquidation of the borrower's assets to cover the loan, resulting in substantial financial loss.

Another risk factor in crypto loans is the interest rate, which can be considerably higher than that of traditional loans. Because cryptocurrencies are perceived as riskier assets, lenders often charge higher interest rates to offset the increased risk of default or sudden market downturns. These rates can vary widely depending on the platform and market conditions, potentially increasing the cost of borrowing significantly. This can be especially burdensome for borrowers if the crypto market enters a bear phase, where the value of collateral might decrease while repayment costs rise due to high-interest rates.

Regulatory uncertainty also adds a layer of risk to taking out crypto loans. The legal framework for cryptocurrency is still under development in many regions, and sudden changes in regulations can have unforeseen effects on the terms and viability of crypto loans. New regulations could impose stricter requirements on lending platforms, change the legal status of crypto assets, or even restrict the use of cryptocurrencies altogether.

These risks highlight the need for potential borrowers to conduct thorough research and consider their financial stability and risk tolerance before committing to a crypto loan. While crypto loans can provide fast and flexible financial solutions, they also require a clear understanding of the market dynamics and regulatory environment that could impact the borrower's financial commitments and outcomes.
Can I get a crypto loan without collateral?
On centralized exchanges, no you will not be able to get a crypto loan without providing collateral. Most platforms claiming to offer crypto loans without collateral are scams. Nobody will let you borrow money from them without ensuring they will get their funds back.

You should keep in mind that crypto loans sometimes come with regional restrictions. Even if a platform is available in your country, it doesn’t mean all services will be. You should verify availability with each individual exchange.

Lastly, always weigh in all the potential benefits and risks. Taking out crypto loans is generally safe, but there’s no guarantee your cryptocurrency will increase in value. If you take a crypto loan make sure you can repay the debt, and utilize borrowed funds to make a good return on investment.

Crypto Exchanges with Loans

Active filters:

#1 Binance

#2 Bybit

#3 Gate

#4 OKX

#5 KuCoin

#6 HTX

#7 Bitget

#8 MEXC

#9 XT

#10 WhiteBIT

#11 BitMart

#12 BingX

#13 CoinEx

#14 Kraken

#15 Crypto.com

#16 Coinbase

#17 Phemex

#18 Bitrue

#19 Bitfinex

How Crypto Loaning Works

FAQs

Latest related news:

Best Crypto Exchange Awards 2026

Crypto Exchanges with Loans

Active filters:

How Crypto Loaning Works

FAQs

Latest related news: