CLOSE A LOAN IN CRYPTOCURRENCY ✅ DEBTOR`S PROTECTION ✅ SERVICES

analysis of the cryptocurrency loan agreement;
verification of the legal status of the platform or lender;
assessment of existing risks (liquidation of collateral, change of terms, fraud);
provision of a written opinion with a legal position.

clarification of the principal amount of the debt, accrued interest, commissions;
verification of the presence of penalties, fines, currency fluctuations;
preparing a financial statement on the final amount to be paid.

analysis of the platform's rules for withdrawing or unblocking cryptocurrency;
checking the margin call, LTV and asset withdrawal terms;
preparing an action plan for the client or their representative.

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What is a crypto loan and when is it profitable

Cryptocurrency loan is a way to get a loan secured by digital assets without having to sell them. Most often, the loan is issued in stablecoins or hryvnia, and the collateral is cryptocurrencies such as Bitcoin or Ethereum. Main advantages for the borrower:

no need to check credit history;
funds can be received in a matter of minutes;
the asset remains in the owner's possession and can increase in value;
this is a legal way to attract cryptocurrency into circulation without losing it.

For entrepreneurs and individuals, this is a convenient tool for obtaining liquidity without selling long-term assets.

Closing a loan in cryptocurrency: what to consider

Repaying a crypto loan is a responsible process, and it is not always obvious. Before closing a loan, it is important to consider:

The current amount of debt, including interest and fees.
Changes in the cryptocurrency exchange rate: at the time of repayment, the value of the collateral may affect the calculations.
The presence of penalties for early repayment or automatic liquidation mechanisms in the event of a fall in the exchange rate.
Conditions for unblocking collateral after the loan is fully closed.

Most often, such processes are carried out through the platform - just a few clicks. But every mistake or inattention can be costly: due to a jump in the exchange rate or opaque conditions, the user risks losing part of his assets.

Legal support during the closing of a crypto loan

The service of supporting the process of repayment of a loan in cryptocurrency includes:

verification of the terms of the agreement with the platform;

analysis of the collateral asset and its current value;

legal assessment of the risks of loss of collateral;

payment support and documentary confirmation of its closure;

help in case of disputes or blocking of cryptocurrency.

Professional support allows you to avoid fraud, losses and unexpected expenses. This is especially important in situations where the contract was concluded online or with a foreign platform.

Conclusion

Crypto credit is convenient, fast and modern, but only if you control the process. In an area where one click can turn into a loss, you need legal support. The “Consultant” will ensure safe closing of the loan, minimize risks and return control over your funds to you.