XRP-Backed Loans
Borrow AUD using XRP
Fast and easy XRP loans for Australians. Get AUD by borrowing against your XRP, while keeping your exposure to the XRP price.* See how much you could borrow. Go to XRP loans calculator ->
Award-Winning
Crypto-Backed Loans
Australia's XRP-Backed Loans
Hold XRP (Ripple), borrow AUD
Apply for a XRP-Backed Loan in Australia and borrow up to $50K AUD using your XRP (Ripple) as security. Borrow AUD within 24 hours of approval, maintain full exposure to the XRP price, and manage your XRP loan LVR directly in app. Here's how XRP loans work with Block Earner:
Borrow from $50 up to $50,000 AUD using XRP*- Access AUD funds of up to 25% of your XRP value
- Manage your loan and LVR via desktop or mobile app
- Maintain your exposure to the XRP price
Our XRP Line of Credit
Access fast, flexible AUD funding
Block Earner’s XRP-Backed Line of Credit is designed for Australian XRP holders that want to borrow AUD while maintaining long-term XRP (Ripple) exposure. Borrow against your XRP for up to 12 months, access AUD funds when you need them, and repay on your own schedule using AUD or XRP.
- Line of Credit rate of 9.50% (11.93% comparison rate*)
- AUD funds paid directly to your Australian bank account
- Australian-based platform with local support
- No lock-ins or early repayment fees
Avoiding XRP sell-offs
If your XRP loan goes into default, natural-person borrowers have 30 days to repay AUD or add XRP security to restore the health of their loan. If no action is taken within this period, Block Earner may automatically sell a portion of your XRP security to bring your LVR back to 40%. Here’s why Australian’s trust Block Earner loans:
Fireblocks security
Your XRP is held in Fireblocks custody, with whitelisted wallets and multi-signature security.
Australian Credit License
Credit provided by Web3 Loans Pty Ltd under Australian Credit License 542689.*
30 Day Default Notice
Individuals have a 30-day grace period to restore LVR if needed, temporary dips won’t trigger action.
Top up. Redraw. Rollover.
Add XRP security to maintain LVR health. Borrow more AUD if your XRP value grows. Apply to rollover.
Australia-based support
Speak directly with our Sydney team for fast, reliable assistance. Our experts are here for you.
Min. Monthly repayments
$0.00 AUDRepay at anytime*
Origination fee
$0.00 AUD2% of loan amount*
Maximum interest
$0.00 AUD12 month loan term, assuming no early repayments*
- Total Interest
- 2% Origination Fee
- Loan Amount
*Approved applicants only. Terms, conditions, fees and charges apply. *The rate provided above is indicative and your rate may be different based on a variety of factors, including your credit worthiness. Rates are subject to change. ^The comparison rates are based on a secured loan of $10,000 over a term of 3 years. The comparison rate provided includes a 2% origination fee. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Credit provided by Web3 Loans Pty Ltd ACN 668 516 952 and managed by Web3 Ventures Pty Ltd trading as Block Earner (ACN 655 090 869) under Australian Credit License 542689.T&Cs apply.
Why choose Block Earner?
Borrow AUD without selling XRP
Australians no longer have to sell their XRP to fund businesses, buy homes, or take holidays. Borrow using your XRP wealth today with Australia’s best-in-class risk management tools, designed to help keep your LVR healthy.
- Default Notice at 50% LVR gives 30-day to restore LVR if needed
- Avoid crypto sell-offs, temporary dips won’t trigger action
- Australian Credit Licensed (ACL)
- Top up XRP or repay in AUD to keep your LVR healthy
XRP car loans
Buy your dream car, or cover unexpected costs
XRP travel loans
Pay for travel with a XRP-Backed Loan
Debt consolidation
Simplify and manage your debt more effectively
Home renovations
Crypto Home Loans to buy or renovate your property
University loans
Invest in your education to build a bright future
Weddings
Handle the expenses for any special occasion
Download Loans Guide
Award-winning crypto loans
As an Australian Credit License holder, Block Earner provides crypto lending in Australia with user-friendly in app loan-to-value (LVR) management. Download our loans guide or book a call to learn more.
WeMoney Winner
2024 Lending
Innovation Of The Year*
How to borrow against XRP?
Monitor your loan-to-value ratio (LVR) anytime via our desktop or mobile app. Stay informed with in-app LVR health notifications, emails, and SMS updates, plus a weekly summary of your XRP loan status.
You can use XRP or repay in AUD to maintain a healthy LVR. You can repay your XRP-Backed Line of Credit on any schedule or in full at the end of the 12-month term.
If your LVR reaches 50%, you will receive a Default Notice via email. You will have 30 days to bring your LVR below the Repayment Notice level. If no action is taken within this period, after 30 days, we will sell a portion of your XRP security to reduce the LVR back to the Repayment Notice threshold.
Fast settlements
Get AUD within hours of approval, straight to your bank account.
Low Fees. Fixed rates.
2% origination fee, fixed interest rates, repay on your own schedule.
No early repayment fees
Flexible repayment terms provide access to AUD when you need it.
Maintain XRP exposure
Keep your exposure to XRP price movements while you borrow AUD.
5.0
"Excellent service, rates and user experience... From depositing crypto to money in my bank took less than 24hrs... Would recommend and use again in future."
5.0
"Great way to consolidate loans. Straightforward with keenly priced interest rates."
5.0
"Getting a btc backed loan was easy and fast. Congrats to the team for their excellent level of service."
- 1.
Apply for loan
Borrow up to 25% of the value of your XRP security
- 2.
Get Approved
Pre-approval is available before sending XRP for your loan
- 3.
Receive AUD
Receive AUD directly to your bank account within 24 hours*
Frequently asked questions
- A XRP-Backed Loan is a type of secured loan where XRP is used as security to borrow fiat currency. This allows our community of XRP holders to access liquidity without selling their XRP.Our XRP-Backed Loans are credit products issued under an authorised representative arrangement, where approved borrowers use eligible XRP assets as security.
- LVR is expressed as a percentage that compares the amount you are borrowing to the lender-assessed value of the asset.For example: Block Earner gives an individual customer up to 40% LVR on a Bitcoin Line of Credit loan. If you had $100k worth of BTC as security, using our maximum LVR of 40% would give you a $40,000 AUD loan.Current Block Earner XRP-Backed Loan LVR offerings include:Line of Credit @ 25% LVR
- No, your XRP security cannot be accessed, however you can pay down the loan using the security.
- If the price of your XRP goes down, your LVR will go up. Please see the different LVR health stages of our loans below:XRP Security:
- 25-34.9%: Healthy
- 35-39.9%: Attention
- 40%-49.9%: Repayment notice
- >50%: Default risk (30 days to manage)
To chat through these different stages, please book a call here.Please note: For customers on a bespoke contract with Block Earner, the above may not apply. - Your XRP-Backed Loan application and repayment behaviour may be reported to credit reporting bodies, and this information can influence your credit score positively or negatively, depending on each bureau’s assessment criteria.Some credit reporting bodies treat secured loan enquiries differently from unsecured credit; they may view secured credit more favourably, and it may improve your credit score. However, multiple credit enquiries to different lenders within a short period may have a negative impact on your score.To understand how credit scores are calculated, you can refer to publicly available guidance from major Australian credit reporting bodies:Equifax: https://www.equifax.com.au/personal/help-centre/credit-scores https://www.equifax.com/personal/education/credit-cards/articles/-/learn/what-is-a-secured-credit-card-do-they-build-credit/Experian: https://www.experian.com.au/consumer/faqs/understanding-my-credit-score https://www.experian.com/blogs/ask-experian/category/credit-cards/secured-credit-cards/Block Earner does not provide credit score advice, and the impact on your score will depend on the policies of each credit reporting body.
- XRP-Backed Loan Line of Credit: no monthly repayments are required. Loan repayments can be made at any time, and are due at the end of your 12 month loan term.
- Our Line of Credit loan term is 12 months.You have the option to close the loan at any time. If you would like to discuss this, please book a call here.
- Typical loan amounts range from $50 to $50K, subject to eligibility, assessment, and approval.If you would like to discuss your options, please book a call here.
- For our XRP-Backed Loan Line of Credit option, a 2% origination fee and 9.5% interest applies.Please note: Rates are subject to change, please refer to your loan agreement for accurate & up-to-date rates. Please also note, if you choose to redraw on your loan, a 2% origination fee will be charged.
- Interest is calculated daily, compounded monthly.
- You can close your loan at any time. To close a loan you will need to repay the principal, interest and fees with AUD or your XRP security. To close a loan:Go into the app and click ‘Loans’
- Click on ‘Manage Loan’
- Select ‘Close Loan’
- Choose to make your final repayment in your XRP or AUD
- Close Loan
Please note: You need to ensure you click ‘Close Loan’. If you make your full repayment and do not do this, you will not have closed your loan facility. If this occurs, we reserve the right to close your loan facility after 30 days of your loan repayment. - If your Loan-Value-Ratio (LVR) loan goes down (meaning the value of your XRP security goes up), yes you can redraw on your loan.To redraw in the app, follow these steps:
- Go to the Loans screen
- Click on your active loan, followed by the ‘Borrow’ button
- You will see a toggle at the top, letting you know what the maximum amount you can redraw is. You can either use the toggle or enter the amount you would like to redraw
- Click ‘Borrow’ and follow the prompts.
Please note: For our Fixed Term loan, you will need to apply manually for a redraw here, and an additional redraw may impact your monthly repayment amounts. Please always refer to your app for your most up-to-date account numbers. - Yes, for a Line of Credit loan, you can add more XRP security into your loan facility to lower your LVR, and access more AUD. Please follow these steps:Ensure you have your desired amount of XRP security in your Block Earner Buy/Sell account:
- If you need to deposit more security into your Block Earner Buy/Sell account, follow these steps.
Top up the XRP security into your loan- Go to the Loans screen and click ‘Manage Loan’
- Click the option ‘Top up security’ Add in your desired amount of XRP security to your loan and hit ‘Top Up’. Please note: to process this amount may take up to 24 hrs.
Apply for the redraw- Once your XRP security has been approved, your LVR will go down.
- Click on your active loan, followed by the ‘Borrow’ button
- You will see a toggle at the top, letting you know what the maximum amount you can redraw is. You can either use the toggle or enter the amount you would like to redraw
- Click ‘Borrow’ and follow the prompts.
Please note: redraw applications may take up to 24 hrs. - For a Line of Credit loan, you will have the option after your first 12 month loan term to rollover your loan. You will need to pay the interest + fee to rollover your principle into a new 12 month facility.You will be sent a notification about your rollover, 30 days prior to the end of your loan term with details on how to manage this.Please note: Rolling over your loan means you will be signing a new loan agreement, in which case a new interest rate and fee may apply. We reserve the right to terminate our loan rollover offer at any time. Loan Rollovers are subject to approvalLoan Rollovers are not available for Fixed Term Loans
- Go to the Loans Screen
- Click ‘Manage your loan’ and then ‘Manage Loan’
- Hit ‘Repay Loan’ and add in the repayment amount in either XRP or AUD (if repaying in AUD, ensure there is enough AUD in your Cash Account to make the repayment).
- Yes it will mean you pay less interest. Interest is calculated daily, compounded monthly on the principal amount. If you make voluntary repayments on the principal, you pay less interest overall.See ‘How to make a loan repayment’ for more information.
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Additional information
*Approved applicants only. Terms, conditions, fees and charges apply. *The rate provided above is indicative and your rate may be different based on a variety of factors, including your credit worthiness. Rates are subject to change. ^The comparison rates are based on a secured loan of $10,000 over a term of 3 years. The comparison rate provided includes a 2% origination fee. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Credit provided by Web3 Loans Pty Ltd ACN 668 516 952 and managed by Web3 Ventures Pty Ltd trading as Block Earner (ACN 655 090 869) under Australian Credit License 542689. *Capital is not covered by the Australian government deposit guarantee. For more info please see our Terms of Use and FAQs. Winner of 2024 WeMoney Lending Innovation of the Year award for our Crypto-backed Loans. Winner of 2024 FinTech Australia Excellence in Blockchain/Distributed Ledger, Winner of 2024 Digital Economy Council of Australia ‘Blockies’ Financial Services Innovator of the Year, Winner of 2025 FinTech Australia Excellence in Web3 (Blockchain or Crypto), Winner of 2025 Finder Innovation Awards Most Innovative Team, Tech Innovation and Digital Assets & Web3 Innovation. NB: These awards are for Block Earner’s full suite of products and not specifically the XRP-Backed Loans product.