Kanga Loan – Get cash loans without selling BTC or ETH

Are you holding Bitcoin or Ethereum but need cash? Don't want to sell your crypto because you expect the price to rise further, or simply don't want to close your current position? Kanga Loan is the solution for you.

2/2/20263 min read

What is Kanga Loan?

Kanga Loan operates on a simple mechanism: instead of selling BTC or ETH, you lock up assets as collateral and receive a loan in PLN°, USDT, or USDC . This money is transferred directly to your wallet on Kanga Exchange and can be used for any purpose.

This solution helps you maintain liquidity while retaining your market position. You don't leave the game; you simply leverage the value of the assets you hold.

With Kanga Loan, you can borrow USDT, USDC, or PLN° (omegaPLN) by collateralizing BTC or ETH, use the borrowed funds for your needs, and repay when you see fit – while retaining your crypto assets.

The loan process is quick and easy, with funds transferred to your account within minutes. More importantly, you can repay the loan at any time and reclaim your collateral.

How to use Kanga Loan

To use Kanga Loan, you need an account on kanga.exchange . After logging in, access the Loan section in your profile to get started. The maximum loan limit is up to 100,000 PLN / USDT / USDC .
Fixed interest rate:

  • 1% per month for USDT and USDC

  • 1.2%/month for PLN

Steps to follow:

  1. Select the loan currency (PLN°, USDT, or USDC) and enter the desired amount.

  2. Choose the currency you will use to pay your network fees (this could be a loan or mortgage).

  3. Review the loan summary, including:

    • Loan amount

    • Monthly and daily interest rates

    • Value of collateral

    • Network fees

    • Current exchange rate

    • Liquidation price

    • Loan term

  4. Choose whether or not to enable automatic renewal . If enabled, the loan will automatically renew until you pay it off, close the loan, or it is liquidated.

  5. Click Send and confirm your loan via email.

  6. Once approved, the loan funds will appear in your wallet.

How do I repay the loan?

You can repay the loan whenever you want .

Simply go to your loan management panel and click Repay , then choose how to pay:

  • Wallet balance by loan currency, or

  • Directly from the collateral

Once completed, you will receive a confirmation email.

Note: If the collateral value falls below the liquidation level due to market fluctuations, the loan will be automatically closed .

Automatic renewal – Take control of your loan

Each loan on Kanga Loan has a specific term. If you don't want to remember the repayment date, you can enable the automatic renewal feature .

When enabled, the loan will automatically renew for the corresponding cycle until you:

  • Refund

  • Pay off the loan.

  • Turn off automatic renewal.

If switched off, the loan will terminate at the end of the current term or the last renewal cycle.

When the value of the collateral decreases

The crypto market is always volatile. When the price of BTC or ETH falls, the value of the collateral also decreases, increasing the risk of liquidation.

Kanga Loan allows you to proactively add collateral . In the active loan management panel, simply click Add , enter the amount you want to add, and confirm. The system will deduct the additional collateral from your wallet (if you have sufficient balance).

This helps reduce the risk of liquidation and keeps the loan stable without closing the position.

Summary

Kanga Loan allows you to leverage the value of BTC and ETH without selling them. You apply yourself, manage your loan yourself, and decide when to repay. The process is transparent, simple, and funds can arrive in your wallet in just minutes.

Disclaimer: The information presented in this article is the author's personal opinion in the field of cryptocurrency. This is not financial or investment advice. All investment decisions should be based on careful consideration of your personal portfolio and risk tolerance. The views expressed in this article do not represent the official stance of the platform. We recommend that readers conduct their own research and consult with experts before making any investment decisions.

Compiled and analyzed by HCCVenture

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