Simple, transparent fees

Micro loans from $1.00 to $2000.00. Borrowers post deals; lenders fund them. Platform fee on success, late fees if overdue, and a tiered network fee on each LTC top-up and cashout (1% under $50.00, $1.50 at/above).

Verification limits

Monthly combined top-up + cashout (UTC calendar month) depends on your verification tier. Raise limits in Wallet via Didit.

  • Tier 0 — up to $150.00 (Telegram / email)
  • Tier 1 — up to $750.00 (phone + basic identity)
  • Tier 2 — up to $2000.00 (full ID + selfie)

Platform fee

1.5%

Of the lending amount (principal), charged on every successful loan — when repayment is confirmed. The borrower (buyer) pays this fee. Lenders are not charged a platform fee.

How it works

  • Fee base: loan principal only (not the repay amount). Rate = 1.5%.
  • Who pays: the borrower — the party receiving the LTC loan.
  • When: on successful close (admin confirms repayment). Defaults / cancelled listings do not trigger this fee.
  • Lender credit: lenders still receive the full listed repay amount into Available. The fee is collected from the borrower separately (included in settlement LTC).

Examples

Platform fee = lending amount × 1.5%

Lending amountPlatform feePaid by
$50.00$0.75Borrower
$100.00$1.50Borrower
$250.00$3.75Borrower
$500.00$7.50Borrower
$1000.00$15.00Borrower
$2000.00$30.00Borrower

Late fees

5% / overdue day

After the repay date, if the borrower has not fully settled, a late fee of 5% of the stated repay amount applies each 24 hours, up to 2 stages. Example: repay $120.00 → day 1 overdue +$6.00, day 2 +$6.00, then collateral liquidation. Reminders are sent throughout.

Collateral window

When a lender clicks I lend, funds lock to Pending and the borrower has 45 minutes to deliver collateral to admin. Missed windows refund the lender; three no-shows cancel the listing.

Borrower settlement

On a successful close the borrower settles the listed repay amount plus the 1.5% platform fee (LTC equivalent). Example: borrow $100.00, agree to repay $115.00 → fee $1.50 → total due $116.50.

Network fees (LTC)

1% under $50.00

$1.50 flat at/above $50.00

Designed for micro tickets: small top-ups and cashouts pay a light percentage; larger ones pay a capped flat fee. Separate from on-chain miner fees (paid by the sender when they broadcast).

  • Top-up: LTC is valued in USD (received). Fee is computed on that received amount; Available credit = received − fee. Paid by the depositor. Minimum received: $5.00.
  • Cashout: Enter the gross USD amount. Available is debited for that gross when sent. LTC ≈ gross − fee. Minimum gross: $5.00.
AmountNetwork fee
$10.00$0.10
$25.00$0.25
$49.00$0.49
$50.00$1.50
$100.00$1.50
$500.00$1.50

What is free

  • Account signup (email or Telegram)
  • Browsing the marketplace
  • Posting a deal for admin review
  • No loan-style platform % fee on cashout (only the tiered network fee above)