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Description

MyConstant: a world of financial power in your pocket.

You choose the interest rate. You choose the term. We match you with someone happy to do business with you.

Investors: enjoy up to 7% APR on your money, with terms of any size starting from 30 days. All lending is backed up to 200% by liquid collateral that's easily sold if borrowers default, protecting your investment. Auto-reinvest your earnings or withdraw in USD or stablecoins.

Borrowers: borrow against 75+ cryptos at flexible rates and terms. Prime Trust insured custody and smart contracts protect your assets until you repay. Top up collateral if it falls in value or withdraw excess if it increases. Get cash for crypto without selling up.

MyConstant gives you more:

Free USD withdrawals.
Invest or borrow from just $50.
Earn up to 4% APY on your balance through instant-access.
24/7 customer support via email, phone, live chat and social media.

How it works

Borrowers:

Choose an amount, interest rate, and term.
Select your collateral.
Send your collateral to Prime Trust.
Withdraw your loan in USD or supported stablecoins.
Repay (in USD or crypto) and your collateral is returned.

Investors:

Choose an amount, interest rate, and term.
Transfer your funds (USD or stablecoins).
Match with a borrower.
Start earning interest immediately.
Withdraw your principal plus profit at the end of the term.

Instant-access: investing made easy.

Fixated term investing not your thing? No worries–just deposit funds and your balance automatically earns upt o 4% APY hough instant-access, a secured lending pool. You can withdraw anything for free, and your balance is protected by borrower collateral.

You can also disable instant-access from Settings and instead your balance will be escrowed with Prime Trust, an accredited US custodian insured up to $130M.

What are customers saying about MyConstant?

"I'd recommend this platform based on its high returns, intuitive platform, and unique opportunity to earn interest at higher interest rates. I like that it offers different options to earn higher returns based on period terms."
Cort L

"I've been using this platform for over 2.5 years. Only as a lender. They have amazing protections set up to give the investors confidence that they will get paid back. They're constantly integrating new features and are responsive when an issue arises."
James N

"MyConstant is exactly as it advertises itself. I've only used their investment tools, but it's super simple. You can earn up to 7% APR on a fixed-term investment of 6 months (so it's only 3.5% return for half a year) meaning you get $3.50 interest for keeping $100 in for six months."
Joseph C


Terms and conditions

Maximum loan term is 180 days.
Minimum loan term is 30 days.
The maximum Annual Percentage Rate (APR) is 7%.
You can repay at any time during the loan term.
Your maximum repayment period is the duration of the loan.
You're not required to make minimum or regular payments. Simply repay the total repayment amount by the end of your term.
If you're more than 3 days late in repaying your loan, your collateral will be sold to repay investors.
Borrowers will be charged a 3.5% matching fee on the value of their loan.
There are no investment fees for using the platform.
All USD withdrawals are free.
Please read our Investor Agreement and Borrower Agreement before using the platform.
Loan example: If you request a loan of $1,000 at 7% APR, you must put up $2,000 worth of your cryptocurrency as collateral. Once your loan term ends, you must repay in full. If you fail to repay in 3 days of your loan maturity date, or if your collateral's value falls to 110% of the investors' principal plus earned interest at any point during the term, your collateral will be sold to repay the investor and you will receive the difference in USD (if any).

What’s New

Version 2.4.1

MyConstant - You deserve a better rate.

Ratings and Reviews

4.5 out of 5
366 Ratings

366 Ratings

J3ffyz ,

Convenient Way to Save Money

This app is by far the most convenient experience I’ve had with earning interest! The base rate isn’t the highest in the market, but it’s much higher than standard savings accounts and CDs, and the easy access more than makes up for it. The “Feed and Give” feature is also a really nice touch!

However, like all apps and services, this one does have a few quirks and bugs. Some of the UI is a bit redundant, and I’ve ran into errors trying to make a deposit on a few occasions. The fact that you have to be a Diamond member to get priority on the secondary market is a little annoying and unfair as well. The two-round system doesn’t seem useful at all, as there will almost definitely always be a Diamond member investing. My recommendation for this is to give Diamond members priority only on orders over $1k, or a similar system. This will give people who have less available assets more of a chance to secure bids. Of course, these are not huge problems, and if you’re just using Flex or regular lending, then you’ll almost never have an issue.

Nimbette ,

Worth a look

Found this app and decided to try something new with my investments. Crypto seems too risky to get into directly, so I am trying the crypto backed. The money takes a bit to get out of your account into your bank (30 days or so). Wish it was faster, but this seems pretty legit and works very much like having a CD at an incredible rate of 4-7% interest depending on what you choose. I went with 4% flex and some loans at the 6%. Better than any bank. They do not have FDIC insurance and that makes this risky, but they do have collateral from crypto and a large insurance policy to help cover if anyone defaults. They have been around 2 years and nobody has lost any money from investing yet. So far I am liking this.

Developer Response ,

Thanks a lot for your kind words. Withdrawals from MyConstant generally should not take 30 days - although we have had one or two issues in the past. If this is a consistent problem for you, please get in touch with our customer service team either by the phone number on our website or through our email, hello@myconstant.com.

person92746 ,

Read before joining if you’re gonna use crypto.

Hello, I signed up for this from a friends referral, and got the 2k trial. I was approaching the end of my free month and liked the program. So I decided to deposit some crypto in for the 8%. I should’ve read more and not assume that it was the same as cash, so I deposited ETH and BTC. What I didn’t see until I already sent the crypto was there was a minimum required to earn interest. Okay not a problem, let me withdraw it. It shows my BTC was sent but on their app it didn’t show anything. My ETH was over the minimum so I was able to get that back but it shows no record of my BTC being sent. So I messaged support, and get a response after 3 days, saying that they have it and the fees to withdraw will be high and just to add more. I told them I wanted it returned and refunded I’ll pay the fee, and then they asked me for the hash ID and wallet, and I have not heard a response since or received my BTC. I would not use crypto on this platform. You won’t earn enough interest to cover the fee and make your money back. And plus if you don’t send the minimum, you won’t get it back.

Developer Response ,

Hey there, we’re very sorry that you’ve had a bad experience with us. We’d love to get to the bottom of this for you.

If you sent our team the hash ID and your wallet address, then all coins should have been deposited back into your account provided there was enough BTC to pay the network fee.

Our minimum crypto amounts are put in place to make sure you have enough to pay all network fees as they are quite pricey these days (they are set by the blockchain, not us). For us to return your crypto to you there needs to be enough to pay the fee to deposit and the fee to withdraw.

If all information was sent and funds were available then it should have gone back to your account.

We have recently completed an update that will show your current balance even if you've deposited less than our minimum amount. If you hit the “deposit” button on your BTC balance it should now update to your current amount you still have crypto in our platform.

If you still haven’t received your funds please send an email to hello@myconstant.com or call our 24-hour customer service line and we’ll be more than happy to help you out. We’d really like to keep you with us and help you continue doing more with your money.

App Privacy

The developer, Const LLC, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.

Data Not Linked to You

The following data may be collected but it is not linked to your identity:

  • Contact Info
  • Contacts
  • User Content
  • Identifiers

Privacy practices may vary, for example, based on the features you use or your age. Learn More

Supports

  • Family Sharing

    With Family Sharing set up, up to six family members can use this app.

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