CoinRabbit
Loans
Loans
Established
2020Loan type
Crypto-backed loansCollateral
350+ crypto assetsLoan currencies
Crypto assets and stablecoinsMinimum loan
$100 equivalentMaximum loan
Not publicly statedLoan term
Open-ended or fixed-termFees
APR from 11.95%service and network fees may apply
LTV
50%–90%; asset- and plan-dependentKYC
OptionalSupport
24/7 live chat & emailLiquidation
Margin callcollateral may be sold
CoinRabbit offers open-ended and fixed-term loans. Open-ended loans have no maturity date and can be repaid in full or in part at any time; interest may be calculated monthly or hourly depending on the selected loan type. Fixed-term loans have a defined maturity date and must be repaid by that date, though early repayment is permitted. CoinRabbit states that APR starts from 11.95%, with the exact rate depending on the collateral asset, selected LTV, loan type, duration and market conditions. The platform’s current public materials describe LTV options from 50% to 90%.
The collateral value is monitored against an individual margin-call threshold shown in the loan information. If the collateral reaches the liquidation level, CoinRabbit may automatically sell it to cover the loan balance and accrued interest. The company states that it may not be technically possible to notify users before liquidation, so borrowers must monitor collateral conditions. Users may reduce risk by repaying part of the loan or adding collateral before a loan is frozen or liquidated.
CoinRabbit states that loan collateral is held in cold wallets with multisig access and is not re-lent, rehypothecated or otherwise reused. Under the Terms, ownership of collateral transfers to CoinRabbit while the loan is active, and the user receives an equivalent amount after full repayment. Deposit, collateral top-up, repayment-from-external-wallet and withdrawal operations can include service and network fees shown before confirmation. KYC is optional, but users without verification are subject to a daily withdrawal limit determined by CoinRabbit.
Provider Metrics
Ratings are based on how crypto cards perform in real-world use, including fees, rewards, custody setup, issuer reliability, and usability. Scores are comparative and independent of partnerships.
KYC
OptionalAML
Published / Risk-based160 reviews
Composite score
Weighted across all four metricsPros and cons
Pros
350+ collateral assets statedAPR from 11.95%Open-ended and fixed-term optionsNo credit checks statedCollateral not re-lent or rehypothecatedCons
Collateral may be automatically liquidatedLTV and APR depend on selected termsOwnership of collateral transfers during the loanService and network fees may applyWithdrawal limits apply without KYCAlternatives to CoinRabbit
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Frequently Asked Questions About CoinRabbit
CoinRabbit is a crypto lending platform that lets you borrow against your existing crypto holdings without selling them. You deposit a supported asset as collateral, choose a loan-to-value ratio, and receive funds in stablecoins or another crypto asset typically within 10 minutes. Loans have no fixed end date, meaning you repay on your own schedule. On Swapzone, CoinRabbit appears as a loan partner with APR starting from 14.5% and support for 227+ collateral assets.
No KYC or credit check is required for standard CoinRabbit loans. You do not need to submit identity documents to access liquidity against your crypto this makes the platform accessible to users who want to borrow quickly and privately. KYC verification is triggered only when daily activity exceeds certain thresholds under CoinRabbit's AML obligations as a registered money services business.
Rehypothecation is the practice of a lender reusing a borrower's collateral for its own investments or loans, which increases platform risk and was a contributing factor in several high-profile CeFi collapses. CoinRabbit explicitly states that collateral assets are not rehypothecated, meaning your deposited crypto is held as security for your loan only and is not lent out or deployed elsewhere by the platform.
CoinRabbit loans have no fixed duration; you can keep the loan open for as long as you need, provided your collateral value remains above the liquidation threshold. Interest accrues over the life of the loan at the fixed rate set at origination. This open-ended structure suits users who want flexibility around repayment timing rather than being locked into a fixed term.
The Private Program is CoinRabbit's offering for clients with $500,000 or more in capital. It provides access to custom interest rates below the standard starting APR, tailored loan terms, and dedicated account management. The program is not publicly available; terms are negotiated individually. For standard retail borrowers, the public loan product starts at 14.5% APR on Swapzone.
CoinRabbit has been operating since 2020; has facilitated close to $1.5 billion in loans, according to the company's published data; and carries a 4.2 rating on its Swapzone partner page. The platform offers 24/7 live chat support. The main risk factors to understand before using it are that it is custodial, CoinRabbit holds your collateral during the loan, and high LTV ratios carry significant liquidation risk if collateral value drops sharply. The iOS app is still in development, and public proof-of-reserves data is limited. This content is for informational purposes only and does not constitute financial advice. Conduct your own research before committing funds.
CoinRabbit monitors collateral value in real time and sends alerts when it enters a risk zone, giving you time to add collateral or make a partial repayment before liquidation is triggered. If the collateral value falls to the liquidation LTV threshold, CoinRabbit automatically liquidates the collateral to recover the outstanding loan balance. Any remaining value after covering the loan is returned to you. The wider your starting LTV margin, for example, borrowing at 50% LTV rather than 90%, the more buffer you have before liquidation becomes a risk.