How To Get Your Kambo Loan in Four Quick and Easy Steps

Kambo
Kambo
Published in
2 min readDec 12, 2018

Receiving a crypto-backed loan from Kambo is as easy as ABC and only requires four simple steps which take less than two minutes to complete. From there on, your funds will appear in your bank account all in the same day.

The Four Step Loan Application Process

Create Your Free Kambo Account

If you haven’t already, create your Kambo account HERE.

Your account verification is automated and takes only a few minutes without any credit check or any tokens required.

Specify Your Loan Amount and Provide Details

After you login to your account, state just how much fiat you want to borrow, and what currency — USD or EURO. You also need to specify what cryptocurrency you will be using as your collateral, BTC or ETH.

The only personal details required is an address, a date of birth, your bank account details for the fiat to be distributed and an explanation for source of funds.

From there on, your loan application is complete. There is no other paperwork, or credit checks.

Kambo takes care of everything else automatically. Nothing additional needs to be done on the client’s end.

Deposit Your Cryptocurrency To Our Secure Wallet

Your application is reviewed within 24 hours, and once your loan is approved, deposit your collateral to your Kambo wallet.

Receive 50% of Your Blockchain Asset’s Market Value into Your Bank Account

Once the collateral is received, funds are disbursed on the same day. That’s it! Enjoy your funds as your please.

Here at Kambo, we pride ourselves on our customer service and speed.

Throughout this whole process, you can always check up on the status of your loan through Kambo‘s dashboard.

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There are also additional benefits you gain from choosing Kambo, other than its quick and efficient loaning process:

‣ Through Kambo, you will be able to increase your long position in your cryptocurrency investment with our low interests.

‣ There are no hidden fees. You only pay your accrued interest. No origination, closing or any other hidden fees are built-in.

‣ You can terminate your loan anytime because Kambo loans do not have a prepayment penalty. You can repay your loan anytime you please, and get your crypto back instantly.

‣ Finally, Kambo provides a flexible and efficient alternative to your tax liabilities since borrowing against cryptocurrency is not subject to any.

By focusing on efficiency and good user experience Kambo is looking to lead the way in loan origination and make the process a lot easier with use of intense automation.

Thanks for choosing Kambo!

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