Crypto Life (CL)
2 min readApr 14


Cryptodraft vs Stableloan — What’s The Difference?

If you know about CL, then you’ll have heard about our Cryptodraft and Stableloan features by now.

We sometimes talk about these two things together. But while both are equally beneficial in letting you borrow against your crypto and offering interest-free spending for the first 10% LTV, they’re not entirely the same thing.

We recently held a quick Spot The Difference game on our Twitter, but if you want all the answers right away, read on for everything you need to know.

What is a Cryptodraft?

A Cryptodraft is a great way to access extra funds for the things you love.

By depositing your crypto as collateral, you can access an instant line of credit, without having to sell your assets. You can borrow up to 60% of your collateral value, and spend with the first 10% LTV interest-free.

Opening a Cryptodraft gives you complete flexibility. You can easily manage your LTV by adding further collateral to keep it below 10% — meaning you can continue to spend interest-free! On top of that, you have the option to repay your Cryptodraft partially or in full, and you can spend with no transaction fees!

What is a Stableloan?

A Stableloan gives you a quick and easy solution for borrowing, with no paperwork or credit checks needed.

Designed with your wants and needs in mind, a Stableloan puts you in control over your borrowing. You can choose how much you want to borrow and the length of your Stableloan, giving you a fixed period of 6, 12, 18 and 24 months. You can also borrow up to 50% of your collateral.

When opening a Stableloan, your interest rate is shown before you agree to take one out. This means you’ll only ever pay for the agreed amount during your Stableloan period, so no surprises. Oh, and the first 10% LTV is also interest-free!

So, what’s the difference between them?

The key difference between a Cryptodraft and Stableloan is that a Cryptodraft is flexible, whereas a Stableloan is fixed term. Here’s a quick recap:


  • Manage your interest by keeping your LTV below 10%. You can do this by adding more collateral to your Cryptodraft
  • You can repay your remaining balance partially or in full.
  • No set borrowing period. You can extend your Cryptodraft whenever you like.
  • Borrow up to 60% of your collateral value.


  • Your interest rate will depend on the LTV you choose at the beginning and will remain the same for the rest of the borrowing period.
  • Your remaining balance can only be paid in full, but any interest can be paid off separately.
  • You can borrow for a fixed period of 6, 12, 18 or 24 months.
  • Borrow up to 50% of your collateral value.

Check out these features on the CL Platform today!