Crypto-collateralized
Credit Account

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Use your crypto as collateral and borrow euros wherever you are, whenever you want. Pay only the interest while you use the loan, and repay the loan in full when it works for you. Use euros for purchases, investing, or big expenses. Fill in your email to be notified when Credit account becomes available to you:

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No unnecessary fees

No start, withdrawal, or monthly fees. No recurring repayments of the loan. You only pay interest on the credit you use.

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Flexible & instant credit

Get credit approval instantly. Withdraw the money to use however you want or invest it in cryptocurrencies. Repay the loan when it suits you.

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Collateralized loan

Your cryptocurrencies act as collateral for the loan. Open a credit limit denominated in euros. When your crypto assets grow in value, you benefit from it. Repay the loan in euros or by liquidating the collateral.

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For everyday use

Use the loan as you wish — be that everyday shopping, larger expenses, or investing. Decide how you want to use your money — with the Coinmotion Prepaid Debit card, payments, transfers, or for growing your wealth.

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Your funds are safe

Our customers’ funds are held in highly secure multi-signature storage, out of the reach of e-burglars. Coinmotion is one of the few regulated entities in Europe with a Payment Institution license and a Virtual Currency Service Provider status, granted by the FIN-FSA.

One-stop
place to invest & use crypto

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If you have an expense coming up, you no longer need to sell your cryptocurrency holdings to get euros.

  • Instead, deposit crypto as collateral in the credit account.
  • You can now open a credit limit denominated in euros against the collateral.
  • Pay interest on your daily credit balance according to our service fees.
  • The loan can be repaid flexibly, at any time, according to your own schedule.
  • Simple terms: Credit interest rate: 5 % p.a. Maximum credit amount: 2,000 euros

You will continue to benefit from the potential appreciation of collateralized cryptocurrencies. However, you will not be able to use or sell the collateral until you repay the credit.

If you use the credit for acquiring taxable income, the debt can be considered income-generating debt and, thus, can be tax-deductible. Check the regulations in Finland or in your location of residence.

Read more about the risks in the Terms and Conditions of the Credit account.

Got questions about the Credit?
We got you covered

How do I open a Coinmotion credit account?

If you are a Coinmotion user, sign up to hear about the loan launch here. We will email you when you can start using your Credit account.

The service is available to those aged 18 years and above.

If you don’t have a Coinmotion account, fill in your email to create one — it takes 10 minutes to get started:

How do I borrow money on Coinmotion?

Getting started with your Credit account is simple and quick.

• Fill in brief information about your total debts, expenses, and income. Your application is approved instantly.

• Then, deposit crypto from your Coinmotion wallets into the Credit account to act as collateral.

• After that, you can withdraw the loan money in euros — the sum depends on the value of your assets (collateral).

• That’s it! Now you can use your credit.

Top up the Credit account with crypto and withdraw money on our website. Do it even on your smartphone when you’re on the go.

What are the loan terms?

The credit terms are simple:

• Credit interest rate: 5 % p.a.

• Maximum credit amount: 2,000 euros.

What is the currency of the loan?

Your credit currency is euros.

Where is the Credit account available?

The Credit account is available to our users residing in the EEA.

Are there any fees I should be aware of?

You pay only the daily interest on loan. If you convert cryptocurrencies to euros or the other way around, standard service fees apply. There are no additional fees. You can find the complete fee schedule in the full FAQ.

Take the first step
to the future of crypto

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Using cryptocurrencies in your everyday life is easier than you thought. Grow your wealth and use your money wherever you are, however you want.

Notify me when the Credit account launches: