PAWN SYSTEM

Pawn at the lowest cost. Keep your Assets.

Compatible with leading cryptocurrencies.

Interprice pawn system redefines asset management and financial liquidity by seamlessly merging the digital and physical worlds. Through our platform, users can leverage digital assets—such as cryptocurrencies, NFTs, tokenized assets, and other blockchain-based holdings—as collateral to secure loans instantly. This empowers individuals to retain control over their physical wealth while unlocking liquidity from digital assets, preserving their future growth potential. All transactions are facilitated using Interprice Coin (IRP), ensuring a seamless, efficient, and fully integrated financial ecosystem.

70%

OF YOUR ASSETS VALUE

We offer pawn loans that grant substantial liquidity based on your asset’s value, allowing you to access funds instantly while maintaining ownership.

3

YEARS OF REPAYMENT PERIOD

You can secure a pawn loan with flexible repayment terms over three years, tailored to your financial needs.

0.3%

MONTHLY INTEREST RATES

We offer pawn loans with a low monthly interest rate, ensuring affordable and accessible funding without financially straining the borrower.

TERMS OF FUNDING

Important Information

Which digital Assets can i submit for pawning?

You can submit a variety of digital assets, such as, Cryptocurrencies (top 10 list), Non-fungible tokens (NFTs), Digital Collectibles (virtual items, avatars, or rare assets in games or digital worlds), Tokens (dApps), Smart Contracts or DeFi Assets, Web3 Projects.

What are the repayment terms?

The pawn loan must be repaid within a period of up to 3 years, depending on the platform’s terms. The interest rate for the loan is 0.3% per month. You are required to make regular interest payments, and you have the option to repay the full loan amount in IRP coins either in installments or as a lump sum by the end of the term. Once the full amount, including both the principal and interest, is repaid, your digital assets will be returned to you.

STEP BY STEP

How the Pawn Process Works

1.

Submit Your Request

Provide details of your assets, such as NFTs, cryptocurrencies, or other digital holdings.

2.

Asset Evaluation

Our team will verify and assess the value of your digital assets.

3.

Receive an Offer

Based on the evaluation, we’ll present a loan offer reflecting the estimated worth of your assets.

4.

Fund Disbursement

Once you accept the offer, the funds will be transferred to your wallet in IRP Coins.

5.

Loan Repayment

Follow your agreed repayment plan and settle the loan in full.

6.

Asset Recovery

Upon full repayment, your digital assets will be returned to your possession.

PAWN

FAQs

How can I submit my digital assets for pawning?

The process involves the following steps:

Create an Account: You’ll first need to sign up on the pawning platform and complete any necessary identity verification steps.

Link Your Wallet: You will need to link your digital wallet, where your digital assets are stored.

Select Your Asset: Once your wallet is connected, you can choose which asset, you want to pawn.

Submit the Asset: After approval and agreement, you will submit your chosen asset on the platform by transferring it to the platform’s escrow or collateral wallet.

How do I receive the funds?

Once we evaluate your assets, we offer you 70% of the pawned value in IRP tokens, which you can then redeem directly through your wallet.

Where do you keep my assets. Are they safe?

Your digital assets are stored securely in a protected, platform-managed wallet. We implement robust security measures, including encryption and decentralized storage, to ensure your digital assets remain safe throughout the pawning process. You retain ownership of your assets and they are only transferred temporarily for collateral purposes.

What happens if I’m unable to repay the pawn loan?

If you are unable to repay the loan, the consequences will depend on the platform’s terms and conditions. The possible outcomes include the following:

  1. The asset is liquidated, the debt is settled, and any remaining balance is returned to you.
  2. The platform retains the asset, and if its value does not fully cover the debt, legal action may be pursued.
  3. You provide additional assets to cover the outstanding balance, allowing for an extension of the loan agreement.