Hello, today would like to demonstrate how to apply for financing at Bankera Loans – the lending solution for the blockchain era. Follow this guide to get a crypto backed loan in several easy steps.
If you are new to Bankera Loans, create a free Bankera Loans account – it will only take a couple of minutes.
Simply click the sign up button in the top right corner of the home page and follow the instructions to complete your registration.
Bankera Crypto-backed loan
If you are a registered user, log in to your Bankera Loans account. To request a crypto-backed loan, first of all, you need to deposit the cryptocurrency that you are going to use as your collateral.
Navigate to “Wallets” in the “App” section of the website and click “Deposit” next to the currency you want to transfer to your account.
Click “Deposit” once again and copy the wallet address provided in the pop-up window.
Use it to transfer funds to your account. Once the funds are deposited, click “Get a loan” and choose the loan conditions that suit your needs best, including the collateral and withdrawal currencies, as well as the loan duration.
Please keep in mind that we issue loans as low as 100 EUR and as high as 1,000,000 EUR, while the maximum loan duration is 24 months.Your actual loan amount and the offered annual percentage rate (APR) will be displayed on the same page.
Click “Next”, read and accept the Loan Agreement and confirm your loan. Once your loan application is reviewed, we will send you a notification via email.
You can also check the status of your loan in your account.
If your application is successful, you will receive the loan straight to your Bankera Loans account