0% APR at low LTV
Ripple as collateral
How it works
1. Deposit collateral
Move Ripple 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 Ripple 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 Ripple (XRP)?
XRP is a digital asset designed to facilitate fast and low-cost international payments. Developed by Ripple Labs, XRP operates on the XRP Ledger, an open-source, decentralized blockchain technology.
Launched in 2012, XRP aims to bridge the gap between traditional financial institutions and the emerging world of cryptocurrencies by providing a reliable and efficient means of transferring value across borders.
Unlike many cryptocurrencies that rely on mining, XRP uses a consensus protocol to validate transactions, allowing for quicker processing times and reduced energy consumption.
This efficiency has led to its adoption by various financial institutions seeking to improve cross-border payment systems. With a fixed supply of 100 billion tokens, XRP is designed to be a stable and scalable solution for global transactions.
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.