Loan Guide
Guide to JP finance's bitcoin and crypto collateral loan service.
1. Product Overview
JP finance is a platform where you borrow USDT or USDC against crypto. Loan limits use USD spot prices (CoinGecko via API; optional CoinMarketCap fallback when configured). LTV up to 200% allows borrowing up to 2x your collateral value in USD.
Example: With $10,000 of BTC collateral, you can borrow up to $20,000.
2. Supported Collateral Coins
- BTC – Deposit via BTC network only
- ETH – Deposit via ERC-20 only
- XAUT – Deposit via ERC-20 only
- XRP – Deposit via XRP network only
- USDT – Deposit via TRC-20 only
- SOL – Deposit via Solana network only
- BNB – Deposit via BEP-20 only
※ Assets sent to the wrong network may be unrecoverable. Always verify the network.
3. Collateral deposit addresses
After your application is approved, the deposit address for your loan is provided on My Page or through our support chat. Do not send funds to any address from unofficial sources.
4. Loan Terms
| Item | Details |
|---|---|
| Collateral range (USD) | $2,500 – $2,000,000 |
| LTV | 100% / 150% / 200% |
| Base rate | 5% APR |
| First loan | 50% interest discount |
| Collateral ≥ $75,000 USD | 1% rate discount |
| Repayment | Bullet (interest monthly, principal at maturity) |
| Term | 3 / 6 / 12 / 24 months |
| Extension | Up to 14 days before maturity |
| Overdue interest | 0.1% per day |
| Auto liquidation | 30+ days overdue |
5. How to Apply
- Sign up & log in – Email, password, and name. Phone may be requested for loan steps.
- Apply – Select coin, amount, LTV, term, payout method
- Deposit collateral – Send to the designated address within 20 minutes
- Verification – Loan disbursed after blockchain confirmation
Domestic exchanges (Upbit, Bithumb, etc.) cannot be used for collateral deposit.
Use a global exchange or personal wallet to deposit collateral.
6. Deposit Notes
- Collateral must be confirmed within 20 minutes of applying. Otherwise the application is canceled.
- Use only the specified network for each coin (BTC→BTC, ETH/XAUT→ERC-20, XRP→XRP).
- Direct deposit from domestic exchanges is not allowed. Transfer to a global exchange (Binance, etc.) or personal wallet first.
- Verify the deposit address and consider a small test transfer first.
7. Payout Options
- USDT – TRC-20 wallet address
- USDC – ERC-20 wallet address
Funds are disbursed promptly after collateral verification.
8. What is LTV?
LTV (Loan to Value) is the ratio of loan amount to collateral value. 200% LTV means you can borrow up to 2x your collateral value. Higher LTV increases limits but also risk if collateral value falls.
9. Collateral Custody and Return
Collateral is held in cold storage. No forced liquidation even if coin value drops. Full repayment of principal and interest at maturity returns full collateral.
10. Extension and Overdue
- Extension: Apply up to 14 days before maturity via My Page or Contact.
- Overdue interest: 0.1% per day if not repaid by due date.
- Auto liquidation: If overdue 30+ days, collateral is automatically sold.
11. Contact
Use the in-service Contact channel for loan inquiries.