Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
APX Lending is a financial service provider focused on crypto-backed loans, enabling customers to use their Bitcoin or Ethereum assets as collateral to gain access to cash without liquidating their investments. They provide both personal and business loan options with attractive conditions, such as interest rates beginning at 12.99% APR, LTV ratios reaching up to 60%, and adaptable repayment schedules that can span from 3 to 60 months. Prioritizing security and regulatory compliance, APX Lending keeps collateral in insured cold storage wallets and holds necessary registrations with authorities like FINTRAC in Canada and FinCEN in the United States. The platform is optimized for user convenience, featuring a quick application process that typically allows clients to receive their funds in under 24 hours, ensuring they can swiftly address their financial needs. Additionally, APX Lending is committed to educating its clients about the benefits and risks associated with crypto loans, fostering a more informed borrowing experience.
Description
Ducat Protocol has launched UNIT, the pioneering decentralized stablecoin built on Bitcoin's Layer 1, which allows users to instantly borrow UNIT by using BTC as collateral. Users can deposit their BTC into non-custodial vaults, ensuring they retain complete control over their assets while still being able to leverage them. This innovative system permits borrowers to customize their collateralization ratio according to their personal risk tolerance—whether they prefer a risky, moderate, or safe approach—thereby providing a tailored risk management experience. The borrowed UNIT can be utilized throughout the BTC-Fi ecosystem, and once the borrowed amount is repaid, users can easily reclaim their BTC collateral. The Vault Homepage features real-time updates on BTC prices and a dynamic risk indicator, facilitating efficient tracking of leverage and risk management. Ducat's infrastructure harnesses the security, decentralization, and resilience of Bitcoin's Layer 1, ensuring that all transactions are transparent and can be audited on-chain. This approach not only promotes user confidence but also enhances the overall efficiency of the financial ecosystem surrounding Bitcoin.
API Access
Has API
API Access
Has API
Pricing Details
10,000 CAD
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
APX Lending
Founded
2023
Country
Canada
Website
www.apxlending.com
Vendor Details
Company Name
Ducat
Founded
2024
Country
United States
Website
ducatprotocol.com