What does 90 LTV mean in the context of cryptocurrency loans?

3 answers

• Brianna AndradeMar 09, 2024 · 2 years ago
  Sure! In the context of cryptocurrency loans, 90 LTV stands for Loan-to-Value ratio of 90%. It represents the percentage of the loan amount compared to the value of the collateral. For example, if you have $10,000 worth of Bitcoin as collateral, a 90 LTV loan would allow you to borrow up to $9,000. This ratio is used to assess the risk of the loan and determine the maximum amount you can borrow.
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• Refurb NetworkJun 17, 2021 · 5 years ago
  90 LTV is a common term used in cryptocurrency loans. It refers to the Loan-to-Value ratio, which is the percentage of the loan amount compared to the value of the collateral. A 90 LTV means that you can borrow up to 90% of the value of your collateral. This ratio helps lenders assess the risk of the loan and determine the maximum loan amount they are willing to offer.
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• Abdur RaseemOct 31, 2024 · a year ago
  When it comes to cryptocurrency loans, 90 LTV is an important metric. It represents the Loan-to-Value ratio, which is the amount of the loan compared to the value of the collateral. In simple terms, if you have $10,000 worth of Bitcoin as collateral, a 90 LTV loan would allow you to borrow up to $9,000. This ratio helps lenders manage the risk associated with cryptocurrency loans and ensures that borrowers have sufficient collateral to secure the loan.
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