Lending Review: Earn, Borrow and Invest Crypto

The Lending Platform provides a variety of different services with a user interface that is easy for the average person to understand. With Lending, users are able to earn interest on their crypto holdings, take out crypto-collateralized loans, accept crypto payments, trade cryptocurrencies, and much more. is also well-known for their various card offerings, which involve the use of their CRO token, and a sister exchange site.

In this guide, the term staking is widely used to explain certain concepts. Staking cryptocurrency means locking in an amount of crypto for a predefined period of time to earn interest on the deposit. Exchange Logo

  • Multi-purpose crypto-lending platform with decent earning potential
  • Proprietary Visa card that offers crypto cash back
  • Works in conjunction with Exchange and coin CRO
  • Available in USA, Europe and more

General Overview

The Benefits PRO's
  • VISA cards that have attractive bonuses and cash back
  • Biweekly events that offer users the ability to purchase crypto at a discounted price
  • Great referral program
  • Able to spend with a wide variety of cryptocurrencies and stablecoins
The Downside CON's
  • Users must stake CRO tokens to gain access to highest tier of lending rates
  • App is accessible on mobile devices only
  • Only available in select countries Lending at a Glance

Built-in exchange: Yes
Services provided: Trading, VISA, wallet, lending, borrowing
Max interest available: 12% (for stablecoins only)
Headquarters: Hong Kong
Year established: 2016
Proprietary debit/credit card: Yes
Minimum loan amount: $100
Maximum loan amount: $1,000,000
FDIC insured: No

Funding Methods

Funding Method: Deposit Withdrawal Speed
Bank Account (ACH) No No n/a
Credit Card No No n/a
Debit Card No No n/a
Wire Transfer Yes No 2-8 business days
Wallet to Wallet Yes Yes Nearly instant Lending Overview is one of the most well-known names in the crypto space, likely due to their memorable domain name and various advertising campaigns. Founded in 2016, is focused on providing a variety of financial services to crypto users.

In addition to their crypto lending platform, the most popular product is their various VISA cards that give users access to up to 8% cashback rewards on all purchases. The company also offers the exchange. users who are willing to purchase and hold CRO tokens will be able to get better deals on various services such as a 100% reimbursement on Spotify, Netflix, and Amazon Prime. Other perks include access to an airport lounge and discounts on Expedia and AirBnb. For example, the only users who are able to receive 8% cashback rewards on all purchases with their need to stake 1 million CRO for 6 months.

Other services offered by include a crypto wallet, ability to earn interest on your cryptocurrency by lending it, an automated crypto trading system (access is country dependent), and a crypto payment processing system.

Crypto Loans

The user experience when taking out a loan on Lending will depend on whether or not CRO tokens are staked. Those who stake CRO gain access to lower rates of interest.

Borrowing comes with an 8% annual interest rate if the user stakes 10000 CRO or more. Anyone staking 1000 CRO or less will have to pay 12% interest on their loan annually.

In terms of collateral options, users are able to back their loans with Bitcoin, Ether, Ripple, CRO, or Litecoin. The credit received by the user will be in the form of a USD-denominated stablecoin.

There are no credit checks or repayment deadlines involved with loans. The minimum loan amount is $100 and the maximum loan amount is $1,000,000.

Currently, only users in Hong Kong, Singapore, Switzerland, Malta, or the United States are able to access’s credit offerings.

If a loan is not repaid in 12 months or the value of the user’s collateral reaches 85% of the value of the loan balance, then will liquidate the user’s crypto holdings.

Interest Accounts

Much like the crypto loan system, users who stake CRO are able to get better returns on their interest accounts, known as Crypto Earn. However you don’t actually have to stake any CRO to receive interest. For example, without any stake at all, users can earn up to 1.5% P.A. interest on their Bitcoin, up to 12% P.A. interest on their Tether, or up to 6% P.A. interest on their CRO, among many others. With a 10000 or more CRO stake, interest earned by the user for the three cryptocurrencies listed earlier, along with others, all increase.

There are three different time periods available for those who make deposits into Crypto Earn: 3-month, 1-month, and flexible. Deposits of supported cryptocurrencies earn between .5% – 4.5% interest per year, depending on the timeframe. Stablecoin deposits earn between 6% – 12% interest per year, and CRO deposits earn between 12% – 16% interest.

The cryptocurrencies that can be deposited into interest accounts are Bitcoin, Ether, Litecoin, Ripple, Binance Coin, CRO, LINK, Basic Attention Token, Maker, EOS, Stellar, Cosmos, Tezos, and Bitcoin Cash. Stablecoins available in the program include PAX Standard, PAX Gold, USDC, USDT, TrueUSD, TrueGBP, TrueCAD, and TrueAUD. More tokens are expected to be added to the platform over time.

Extra Features offers a number of additional features on top of their crypto lending platform, many of which mimic the kinds of financial services you’d see at a traditional bank. In addition to borrowing and earning interest, users can also trade between crypto assets, become a merchant for payment processing services, and get a VISA card with a cashback rewards program.

Much like the crypto lending platform, users of these other services can get more bang for their buck if they’re willing to stake CRO tokens.’s payment processing platform for merchants involves no fees, as long as the merchant is settling in crypto. Merchants who wish to receive their payments in fiat currency have to pay a 0.5% processing fee.

Finally, there’s the often-discussed VISA debit cards. These cards come with a variety of benefits, but the strongest perks are reserved for users who are willing to stake large amounts of CRO. For example, users staking 1 million CRO are able to receive 8% cashback on all purchases; rebates for their monthly payments to Spotify, Netflix, and Amazon Prime; discounts at Expedia and Airbnb; and much more. Those who have no interest in staking CRO are only able to receive maximum cashback rewards of 1%.

History of

Before the cryptocurrency boom, the domain was registered by well-known cryptographer Matt Blaze way back in 1993. Blaze was a user on the infamous Cypherpunks mailing list back in the 90s, and in 1994, he found a critical vulnerability in the Clipper chip. Blaze has also been on the board at the Tor Project since 2016.

Monaco bought the domain name from Blaze in 2018 for an unknown amount. At the time, Monaco was a new token that had completed an initial coin offering in the previous year. After the purchase of the domain, a rebranding occurred and the project began working on providing additional financial services for the cryptocurrency ecosystem. Lending Frequently Questions

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