What is Helio?
Founded in 2018 by John O'Shea, Helio provides safe and secure access to the greatest crypto loans, deposits, and even real estate options. They are a bitcoin lending CeFi aggregator firm with over 9 institutions to pick from, and they have an Australian credit license. Once you complete your know your customer (KYC) and anti-money laundering (AML) checks, the aggregator platform provides you with lending services by determining precise loan requirements in a variety of currencies that best meet your financial needs.
Helio connects customers with lenders so that they can complete the entire process themselves. It allows you to access the value of your crypto assets without having to cash in your coin, with interest rates as low as 4% and as high as 9%. In layman's terms, this means they use cryptos as security and supply funds throughout the loan time. At the start of the loan, a one-time interest payment will be made. It signifies that the loan amount will be reduced by the amount of interest paid.
The platform handles all of the legwork for you in terms of locating the top crypto loan platforms. The loan to value ratio, often known as the LTV ratio, is 30 percent, 40 percent, or even 50 percent for a cryptocurrency-backed loan. If your LTV is higher, your APR will be higher which ranges from 12% to 20%. Additionally, the amount you have at hand, the value of your crypto collateral, and the duration of your loan are other factors that could affect your interest amount.
With no credit checks, no margin calls, safe and secure loans are possible.