Borrow FIL from CoinList
The most reliable FIL lending desk
Onboard as a Borrower
The most reliable FIL lending desk
Onboard as a BorrowerCoinList is committed to growing the Filecoin ecosystem in a sustainable way and we believe that Filecoin storage miners are a key component to Filecoin's success. Miners that are looking to add additional storage space to the network need FIL as working capital to scale up their operations. However, buying FIL on the open market can expose miners to considerable price risk.
CoinList allows Filecoin storage miners to borrow FIL at a fixed rate for a set duration of time, usually 180 days. This allows miners to procure more FIL to add more storage space and grow their business without exposing themselves to price risk.
To participate, miners need to verify their identity and review + agree to CoinList's borrowing agreement. Once a miner has completed onboarding, CoinList will reach out to learn more about their borrowing needs and how we can best serve them.
| Asset | FIL |
| Borrowing rate | Dependent on market demand and available inventory. Please contact lend@coinlist.co for the latest market quote |
| Term | Most loans are typically set for 180 days. However, we are constantly iterating on our product and process. If you are looking for a different term length, please get in touch and we can work to tailor our offering for your situation. |
| Minimum borrow amount | 3,000 FIL |
| Collateral Requirements | For first-time borrowers, CoinList requires 130% collateral ratio in BTC, ETH, USDC, and/or USDT. Questions or concerns about collateral requirements? Please get in touch by emailing lend@coinlist.co and we can discuss your particular situation. |
| Eligible Borrowers | Users from CoinList’s supported jurisdictions |