What is a crypto-backed loan?
A crypto-backed loan lets a holder pledge digital assets such as Bitcoin or Ethereum as collateral while accessing credit. The core idea is simple: keep exposure to the asset, but unlock liquidity for short-term needs instead of selling crypto immediately.
For Indian users, the experience needs to be local, clear and risk-aware. LendX is being built around INR liquidity workflows, live collateral visibility, LTV education, margin alerts and partner-led lending approvals.
How the LendX waitlist journey is designed
- Choose BTC or ETH as your preferred collateral.
- Use live INR and USD prices to estimate borrowing power.
- Check the LTV health zone before deciding.
- Join the waitlist for beta access and product updates.
Why BTC and ETH holders search for this
Many long-term holders do not want to sell during volatile markets. A crypto collateral loan can help them explore liquidity while continuing to monitor collateral health and downside risk.
Key risks to understand before joining
- Crypto prices can move sharply, which can increase LTV and create margin pressure.
- Loan availability, pricing, collateral requirements and onboarding depend on eligibility and partner lender approval.
- The LendX beta is planned for Dec 2026, so waitlist registration is not a loan application or credit approval.
Frequently asked questions
Can I get a loan against crypto in India?
LendX is preparing a Dec 2026 beta waitlist for Indian BTC and ETH holders to explore crypto-backed credit. Final loan availability will depend on eligibility, partner lender approval and applicable law.
What crypto collateral is LendX focused on first?
The initial waitlist is focused on BTC and ETH collateral interest.
What does LTV mean?
LTV means loan-to-value. It compares the loan amount with the current market value of collateral. A lower LTV usually means more collateral buffer.
Is joining the waitlist free?
Yes. The waitlist records your interest, contact details and preferred collateral type.