As we can see, the demand for well-designed, user-friendly, and highly secure crypto wallets is growing daily. And now, to stand out among other strong and rapidly developing competitors, the wallet platform needs not only to support standard functions, like saving and swapping but also to integrate some new features. The rules of the market game are simple – if you don’t develop the product, then you will stay outside the boat. 

One of the tools that can be integrated into your wallet is crypto loans, a game-changer feature in the crypto industry, which can become not only a dream-come-true tool for wallet users but also an additional revenue stream for the platform owner. Unlike traditional bank loans, crypto loans are more available, easier, and most importantly – faster. Fast just like a rabbit! Like a CoinRabbit, to be precise.

In today’s article, we will look closer at crypto loans as a unique feature for wallets, and in the case of CoinRabbit will see how crypto loans can work within the wallet, and on what terms it is beneficial for both owner and users.

CoinRabbit: What Is It 

We bet you may have heard about CoinRabbit. If not, well, it’s the perfect time to learn more about this platform. CoinRabbit is an instant cryptocurrency lending service without verification or credit checks, monthly payments, or maximum loan sizes. The system allows lenders and savers to use cryptocurrencies just like regular money.

The platform has a wide experience and a great reputation. Since 2020, CoinRabbit has had a proven track record in the industry. Its experience ensures a smooth borrowing process, making it an ideal platform for both new and experienced crypto users. Due to the personal reviews from Trustpilot, the platform allows users to access funds instantly without credit checks, providing a seamless and user-friendly experience. 

CoinRabbit also ensures safe asset storage, giving borrowers peace of mind while their pledge remains locked. And yes, all deposits and collateral are stored in cold wallets with multi-signature access, significantly minimizing the risk of unauthorized access or hacks. 

Moreover, the platform has outstanding customer service: 24/7 support, quick responses, a personal approach to solving any issues, and even more. 

Advantages of the platform

The great users’ reviews and high-standard reputation can’t be reached without actual work within the industry. CoinRabbit is not just a regular loan platform, with different functions and special features it goes beyond the traditional crypto landing and offers its customers an upper-level experience. 

But what makes CoinRabbit so unique? How does it differ from other various landing platforms? Let’s look closer at the main features of the platform. 

  • Seamless and straightforward borrowing experience: users don’t have to go through long-taking credit checks, they can easily deposit more than 300 crypto coins as collateral and receive a loan in stablecoins or backward. 
  • Flexible loan terms: unlike traditional loan systems, CoinRabbit does not impose strict repayment deadlines, giving users full control over when to repay
  • High-level security: CoinRabbit employs industry-leading custodial services and security protocols to ensure that users’ assets remain safe throughout the loan period, like 2FA, Cold Wallet storage, etc.
  • Additional protection from liquidation: the platform has unique mechanisms, such as automatic notifications when the value of assets approaches a margin call and an auto increase feature with the automatic deposit fill up directly from the wallet
  • Various loan-to-value (LTV) options: right now, CoinRabbit’s LTV is set at 50%, 65%, 80%, and 90% – that means that the platform gives the client 50%, 65%, 80%, and 90% of the collateral value as a loan, and this diversity of options allows to minimize users risks and protect them from stark volatility

These integrated tools and unique features help CoinRabbit to stay ahead of the curve by combining speed, flexibility, security, and user-centric policies to deliver one of the most reliable crypto lending services in the industry.

How Can Crypto Wallets And Crypto Loans Work Together? 

The crypto wallet and crypto loan platforms certainly have at least one thing in common – they both serve as essential tools for managing and maximizing the value of the crypto assets. But working in pairs they can create a new incredible opportunity for the users. 

Integration of the crypto loan mechanism into the wallet can be beneficial in many ways: from attracting new customers and retaining old ones to generating passive income from main operations. 

The market situation shows that there is high competition within solutions for the crypto sphere, so it is extremely important for the wallet, as a leading product, to stand out from others. The introduction of additional functions at the request of customers allows for the expansion of functionality and meeting the needs of users. Now they can borrow or lend crypto, and then do other transactions in the same app! So, the integration of crypto landing platforms, like CoinRabbit, can be mutually beneficial for the wallet and its users.

Want to stay highly competitive among other white-label wallets? We got it! Contact Evercode Lab’s team today, and we will help you integrate crypto loans and other useful tools to boost your product to the top!

If the advantages for the wallet’s users are already mentioned, what about the benefits for the wallet providers? Well, they gain a valuable additional revenue stream through flexible partnership programs. 

For example, CoinRabbit offers a 2,4 APR for its partners: you will receive a profit of 2,4% from the loan amount that was taken from your platform with a guarantee of up to 25% conversion.

So, by adding CoinRabbit’s trusted lending service, known for its simplicity, fast processing, and no verification or credit checks approach, wallet providers deliver more value to their users while growing their income in the rapidly evolving crypto market.

Final thought

To sum up, integrating a crypto loan platform like CoinRabbit into a white-label crypto wallet is a strategic win-win partnership for both users and wallet providers. Like that, users gain convenient, instant access to crypto loans without leaving the wallet. Meanwhile, wallet providers expand their product offerings, boost user engagement, and create new revenue streams through the partnership models.

It’s your time to feel the power of crypto loan integration! Reach out to Evercode Lab today to upgrade your wallet and make it more profitable and in demand within the market! Our white-label solutions will help you to integrate the crypto loan feature seamlessly into your wallet, or create one with all the needed tools by request if you don’t have one yet.