Transfer your crypto assets from your wallet to Pesabits. The assets will act as collateral for your loan. You can deposit from as low as $1 of crypto.
After depositing you can request for a loan. The process is instant and you receive the funds to your Mpesa in less than 5 minutes.
After taking the loan you will be given a 7-day grace period. You can payback within this duration and you won't incur any interest.
When the grace period is over your loan will start being charged a 1% interest per week on the remaining balance.
We offer you flexibility. There is no fixed monthly payments. You can choose to repay your loan partially or in full at any day. There are no penalties. After you clear your loan you can choose to withdraw your collateral or borrow again later.
I loose my coins after I sell.
I might not get the price I wanted when selling.
I will miss the future profits of not holding.
Risk of fraud when selling
I can buy more crypto with the money I borrow
I can easily sort emergenices without selling my crypto
I still own my coins
I can repay anytime I wish
This is very safe and fast
Earn 25% annual interest on your savings. Start with as little as 10 bob!...
Talk to your friend about Pesabits and send them your referral link to join. Both of you shall receive 0.5 USDT.
Pesabits is a secure and trusted platform in the fintech and crypto industry. We follow strict security measures to safeguard your assets. We employ use of cold wallets which keeps your assets off from the internet and away from hackers.
No. The crypto assets will serve as a security for your loan.
You can deposit from as low as $1 worth of crypto.
There are no penalties. You can repay your loan anytime you wish.
Your collateral will remain locked until you repay.
No. The amount you can borrow is always lower than the value of your collateral.
We first give you a 7-day grace period where you can payback without any interest. After the grace period your loan will start getting charged a daily interest of 0.15% which accumulates to 1% weekly.
The minimum is Kshs 50 and the maximum is Kshs 250,000 in a single loan.
The crypto assets will be available in your Pesabits wallet balance. You can chose to withdraw or use them to take another loan later.
Yes. The balance on your Pesabits wallet will always reflect the same amount of coins you deposited.