Cryptocurrency-backed loans Nebeus they have become a popular product for crypto investors looking to access cash, while keeping their crypto holdings. Nebeus is a cryptocurrency app and desktop platform launched by Sergey Romanovsky in 2014. This platform allows users to get instant crypto-backed cash loans, trade coins, earn returns on their digital assets, and more.
Nebeus Cryptocurrency Loans
One of the main services that Nebeus offers is cryptocurrency-backed loans. Cryptocurrencies have proven to be a potentially lucrative investment option for long-term holders. However, emergencies can force investors to withdraw money sooner than anticipated, which can cause future returns to be lost. This is where Nebeus crypto-backed loans come in.
Instead of cashing out your investment, you can use your crypto as collateral to secure cash loans (or stablecoins) to solve emergencies while keeping your investment. Nebeus offers one of the best interest rates for loans and allows you to borrow in stablecoins as well as fiat currencies like USD, EUR and GBP.
Two Loan Options
You can currently choose between two loan options at Nebeus: quick loans Y flexible loans. Flash loans are instant pre-approved loans that you can get in just a few clicks. This loan comes with a 50% loan-to-value (LTV), 0% interest rate for the first three months, and a free prepayment option. If you are looking for a quick loan then you may want to consider using the quick loan option.
On the other hand, the flexible loan option is a more advanced loan where you can select and customize your terms. With this option, you can get a maximum loan of €250,000 for up to 36 months and a customizable loan at a value between 50% and 80%. Interest rates range from 6% to 13.5%. Although it differs, based on your LTV, the lower your LTV, the lower your interest rates. If you have a clear and specific vision of what you want, you may want to consider using the flexible option.
The best part about Nebeus crypto-backed loans is that your collateral is secured with a $100 million insurance policy. Additionally, Nebeus has a Loan Health Monitoring feature that allows you to monitor the performance of your collateral against your loans. This allows you to effectively manage your assets in a highly volatile crypto market.
How to get cash without selling your cryptocurrencies with Nebeus
Nebeus offers zero-risk loans that give borrowers a 10-day grace period during which they can repay loans or activate automatic margin call management, where borrowers can add crypto to their Nebeus account and allow Nebeus automatically manage and replenish your loan collateral. And best of all, if cryptocurrency prices rise again during the 10-day margin call period, Nebeus automatically cancels the margin call and the loan agreement continues unchanged.
Exchange de Nebeus
Buying and selling cryptocurrencies can be a technical and tedious process with some traditional exchanges. Trading fees on some platforms can also be another problem. With Nebeus you can easily exchange various cryptocurrencies and you can transfer coins from any other digital wallet or deposit fiat with your bank card. You can currently trade BTC, ETH, LTC, DASH, XRP, XLM, BCH, USDT, USDC, EUR, GBP, and USD.
Another interesting service in Nebeus is the cryptocurrency rental. While not everyone may be interested in taking cryptocurrency-backed loans, earning passive income with your cryptocurrency investment is a good option to consider. In cryptocurrency rental, the user is paid a daily interest rate in euros (or stable coins) for a predetermined period through any of its rental programs. Nebeus offers four rental programs: Juniper, Sequoia, Bonsai, Baobab.
- Juniper: When you rent Nebeus for a minimum of 0.0025 BTC or 0.03 ETH for more than one month, you get an APR of 3.5%.
- Sequoia: When you rent Nebeus for a minimum of 0.12 BTC or 3 ETH for more than four months, you get an APR of 6.75%.
- Bonsai: When you rent Nebeus for a minimum of 50 USDC or 50 USDT for more than one month, you get an APR of 6.5%.
- Baobab: When you rent Nebeus for a minimum of 1,000 USDC or 1,000 USDT for more than four months, you earn an APR of 12.85%.
Protected by crypto insurance
Crypto insurance is essential for crypto users these days. Nebeus, in association with Bitgo and Lloyds of London, offers a security of class III cold storage $100 million bank-grade bond for your crypto assets. With Nebeus crypto insurance, your crypto assets are protected against third-party attacks, copying of private keys, and loss or theft of private keys within the Bitgo Custody ecosystem. There are two insurance underwriting options available to purchase:
- Individual Insurance (€4/month): Insurance of $100 million from Lloyds of London for one of its cryptocurrencies (either BTC or ETH).
- All-risk insurance (€6.90/month): Insurance of $100 million from Lloyds of London for your entire Vault (BTC and ETH).
Pros and cons of Nebeus
- Nebeus is an all-in-one platform for your crypto to fiat needs.
- Nebeus has low interest rates and trading fees.
- Nebeus offers one of the best loan-to-value ratios among cryptocurrency-backed lenders.
- His collateral is covered by a $100 million insurance policy.
- You can monitor the health of your collateral.
- Nebeus complies with all EU and UK AML rules and regulations.
- Nebeus may not appeal to DeFi crypto enthusiasts who prefer anonymity.
Is Nebeus safe?
Nebeus guarantees the safety of your assets. The company is regulated by the Bank of Spain and registered with the Spanish Superintendency for the Prevention of Money Laundering (SEPBLAC). On November 31, 2021, Nebeus applied to the Bank of Spain for the MiCA (Markets in Crypto-Assets framework) registration of the European Union as a Spanish digital asset company. Nebeus is one of the first companies in Spain to have successfully applied for this registration.
Nebeus provides a secure crypto lending ecosystem that enables crypto holders in Europe and the UK to access instant crypto-backed loans. Accessing liquidity has never been easier for crypto investors, thanks to Nebeus.