LendX offers crypto‑backed loans for Bitcoin and Ethereum holders in India, allowing users to access INR liquidity without selling their assets. The platform provides live collateral health monitoring, LTV alerts, and a borrowing calculator that uses real‑time BTC/ETH prices to estimate loan amounts and APRs, with a beta slated for December 2026.
Funding
Funding not disclosed
Founders
Product
Problem
Crypto holders in India often face limited options to unlock liquidity without selling their assets, and existing loan products lack real-time collateral monitoring and transparent risk metrics.
Solution
LendX offers crypto‑backed loans that allow Bitcoin and Ethereum owners in India to obtain INR credit while retaining exposure to their digital assets. The platform provides a live price feed refreshed every minute, an interactive loan‑to‑value (LTV) calculator, and real‑time risk alerts that help borrowers assess and manage collateral health. By integrating these tools into a single interface, LendX enables users to estimate borrowing power, monitor LTV ratios, and make informed decisions before the public beta launch in December 2026. The service targets an indicative APR starting at 9.5%, delivering a cost‑effective alternative to selling crypto or using offshore loan solutions.
Target Audience
Primary customers are Bitcoin and Ethereum holders in India seeking INR liquidity while maintaining exposure to their crypto assets, including retail investors and crypto‑savvy professionals.
Features
- Live BTC and ETH price feeds updating every 60 seconds, displayed in INR and USD
- Interactive LTV calculator that estimates required collateral and borrowing capacity using current market data
- Real‑time LTV health monitoring with transparent risk alerts to educate borrowers on collateral safety
- Simple three‑step product tour: select collateral, view borrowing power, track LTV health
- Beta waitlist portal that provides early access updates, product notes, and benefit communications