0% APR at low LTV
Litecoin as collateral
How it works
1. Deposit collateral
Move Litecoin into your credit line as collateral.
2. Draw only what you need
Interest only accrues on the funds you actually draw. An open but unused line costs 0%. T&C apply.
3. Rate follows your risk
Your borrowing rate is floating and tied to your LTV — lower risk means a lower rate.
4. Repay on your terms
No credit checks, no fixed monthly payments. Repay any amount, anytime. T&C apply.
- Estimated Total Credit Line
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Security and compliance
Frequently asked questions
Is borrowing against my Litecoin a taxable event?+
Borrowing against your assets is generally not a taxable event, meaning you can access liquidity without triggering capital gains. Consult a tax professional in your jurisdiction.
What does an open but unused credit line cost?+
Interest only accrues on the funds you actually draw. An open but unused line costs 0%. T&C apply.
How is my borrowing rate determined?+
Your borrowing rate is floating and tied to your LTV — lower risk means a lower rate.
What happens if my LTV gets too high?+
Smart alerts notify you if your LTV nears critical levels, giving you time to top up collateral.
Who provides Clapp's services?+
We operate through a broad group structure that includes an EU entity pursuing MiCA authorisation, alongside other licensed and operational entities in the jurisdictions where we provide services. The relevant services continue to be delivered through the applicable entities and regulatory frameworks.
What is Litecoin (LTC)?
Litecoin (LTC) is a decentralized, peer-to-peer digital currency created in 2011 by Charlie Lee, a former Google engineer.
Designed as a "lighter" alternative to Bitcoin, Litecoin is based on blockchain technology but with some modifications. It features faster transaction times, with a block generation time of 2.5 minutes, allowing for quicker confirmations than Bitcoin.
Litecoin uses a proof-of-work consensus mechanism and has a capped supply of 84 million LTC, ensuring scarcity over time.
Litecoin's reliability and speed have made it a widely adopted cryptocurrency for online payments and a valuable asset for investors. The network continues to grow, supported by a strong community and used for various applications, from everyday transactions to investment portfolios.
Crypto-assets are high risk and highly volatile; you can lose all invested funds. Crypto-assets are not legal tender and are not covered by deposit guarantee or investor compensation schemes.