Terms of Service

Last updated: September 2026

This is a plain-language summary of how CryptoLoan works, provided so you know what you're agreeing to before you borrow. It is a template and has not been reviewed by a lawyer for any specific jurisdiction — it does not replace independent legal advice.

1. What CryptoLoan is

CryptoLoan lets an approved, identity-verified user borrow between $100 and $10,000 in value, disbursed in USDT or USDC, repayable within 30 days. A first-ever loan is capped at $5,500 and carries 5% interest; every loan after that goes up to $10,000 and carries 15% interest. Only one loan may be open per account at a time.

2. Eligibility and identity verification (KYC)

Before your first loan you must submit your legal name, date of birth, occupation, income, address, and a photo or scan of a government-issued ID or passport. We review this manually. We may decline an application for any reason, including failed identity checks or suspected fraud.

3. How a loan is approved and released

You submit an amount and your KYC details in one application.
Our team reviews and approves or rejects the application.
Once approved, you have 30 minutes to send exactly 1 USDT or 1 USDC from the wallet you want the loan credited to, as proof you control that wallet. If this window expires, the application is automatically cancelled and you may re-apply.
Once that transfer is received, you provide the destination wallet address and the loan principal is queued for release, typically within 30 minutes.

4. Repayment

The full amount owed (principal plus any interest) is due 30 days from the date your loan is released. Repayment is made by sending USDT or USDC to your account's repayment address; it is applied to your balance automatically. You may repay early at any time with no penalty.

5. Late or missed repayment

If a loan is not repaid in full by its due date, it is marked overdue on your account and no further loans can be requested until it is settled. We may record this as a delinquency on your account history.

6. Fees and interest

There are no application fees, origination fees, or hidden charges. The only cost of borrowing is the stated interest rate (5% on your first loan, 15% on every loan after), which is shown to you in full before you confirm your application. Network fees for sending crypto are set by the blockchain itself, not by CryptoLoan.

7. Your responsibilities

Provide accurate information and a genuine, valid ID document.
Only send your $1 verification and repayments from wallets you actually control.
Double-check your destination wallet address before confirming — crypto transfers cannot be reversed once sent.

8. Account suspension

We may suspend or ban an account that provides false information, attempts fraud, or abuses the service. Any outstanding loan balance remains owed regardless of account status.

9. Risk disclosure

Borrowing against a repayment deadline is a real financial obligation. Cryptocurrency values and network conditions can change. Only borrow an amount you are confident you can repay within 30 days.

10. Changes to these terms

We may update these terms from time to time. Continued use of CryptoLoan after a change means you accept the updated terms.

11. Contact

Questions about these terms can be raised through your account once signed in, or by emailing [email protected].