ViaBTC has officially upgraded its crypto loan service, adding support for Dogecoin (DOGE) as a collateral asset and introducing significantly reduced borrowing interest rates. These enhancements aim to better serve the evolving liquidity needs of miners and long-term crypto holders by offering greater flexibility and lower costs.
Expanded Collateral Options: DOGE Now Supported
With this update, users can now pledge DOGE alongside Bitcoin (BTC), Litecoin (LTC), and Bitcoin Cash (BCH) to borrow Tether (USDT) directly through the ViaBTC platform. This broader range of supported collateral assets sets ViaBTC apart from many mining platforms, which often restrict borrowing to BTC-only loans.
By including DOGE, ViaBTC opens the door for a wider range of users, especially those who have accumulated DOGE through mining or long-term holding but don’t want to sell their positions to access capital.
Lower Interest Rates For New Loans
In addition to supporting more collateral types, ViaBTC has lowered borrowing interest rates to as low as 0.025% per day for new loans. These more competitive rates significantly reduce the cost of borrowing, making the service even more appealing to miners and crypto investors seeking short-term liquidity.
It’s important to note that the reduced interest rates apply only to new loan orders; existing loans will continue to accrue interest at their original rates.
A Smart Liquidity Tool For Long-Term Crypto Holders
ViaBTC’s loan service allows users to pledge supported cryptocurrencies in exchange for USDT, without the need to liquidate their holdings. The service is tailored to users who are bullish on the long-term value of their assets but require cash for expenses like electricity costs, hardware upgrades, or emergency liquidity.
The structure is open-ended: users can borrow and repay at any time with no fixed loan term. Once a loan is fully repaid, the pledged assets are returned to the user.
Fast, Flexible, And No KYC
ViaBTC’s loan service brings several user-friendly and competitive features to the table:
- More Collateral Choices: Unlike most platforms limited to BTC, ViaBTC supports four collateral assets—BTC, LTC, BCH, and now DOGE—offering users flexibility based on their portfolio.
- Instant Approval and Disbursement: The loan process is fast, requiring no Know Your Customer (KYC) verification. After assets are transferred to the collateral account, USDT is promptly credited to the loan account.
- Flexible Repayment: There’s no lock-up period or service fee. Users can repay loans partially or in full at any time.
- Risk Management: The platform employs margin call alerts and automated liquidation mechanisms to protect user assets and maintain system stability.
Serving Miners and Long-Term Holders
This upgrade is clearly designed with miners and long-term crypto holders in mind. Many users in the mining community face fluctuating operational costs while holding onto their assets with long-term conviction. ViaBTC’s loan service helps users meet their financial needs without compromising their investment positions.
For DOGE holders in particular—especially those mining on a merged mining pool—the new support offers a welcome alternative to selling during down markets.
At the same time, DeFi users looking to unlock liquidity without leaving centralized infrastructure can also benefit. ViaBTC’s no-KYC, open-ended lending system provides a low-friction option for accessing capital quickly—ideal for those participating in decentralized yield strategies or seeking short-term leverage opportunities without complex protocols or multi-step processes.
ViaBTC Loans Are Simple and Fast
Users can access the loan feature directly through the ViaBTC Loan page. The platform also offers step-by-step instructions and a Help Center for additional guidance. Support is available through ticket submission for users who need personalized assistance.
A Stronger, Smarter Loan Platform For 2025
ViaBTC’s recent update enhances its loan platform in meaningful ways, adding value for current users and making the service more attractive to a broader audience. With DOGE now accepted as collateral and lower interest rates in place, ViaBTC strengthens its position as a go-to financial service provider for crypto miners and DeFi-savvy investors looking for low-friction liquidity.
As always, users are advised to understand the risks associated with collateralized lending and to assess their financial situation before taking out loans.
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