What is Credit Mode?
Credit Mode allows you to spend without selling your crypto.
Instead of converting your assets into cash every time you make a purchase, XPlace automatically borrows against your portfolio. Your assets remain invested while a credit line covers the transaction in real time.
This means you can continue benefiting from potential market growth while maintaining access to everyday spending power.
How it works
The merchant receives payment.
When you make a payment with your XPlace Card:
- You tap your card.
- XPlace checks your available collateral.
- A loan is issued instantly.
- Available collateral
- Your assets remain invested.
Simple Example
Credit Mode vs Cash Mode
Things to keep in mind
Using Credit Mode involves borrowing.
Before spending, it’s important to understand:
- Your current Loan-to-Value ratio (LTV)
- Interest costs on borrowed funds
- Available collateral
- Liquidation thresholds
- Market volatility
Stay informed.
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Is borrowing against my crypto really not taxed?
In most jurisdictions (UK, US, EU), borrowing is not a taxable event. Selling is. We’re not your tax advisor — but the principle is the same one the wealthiest operators have used legally for decades.
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What happens if my collateral drops in value?
In most jurisdictions (UK, US, EU), borrowing is not a taxable event. Selling is. We’re not your tax advisor — but the principle is the same one the wealthiest operators have used legally for decades.
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Is Credit Mode available for all assets?
In most jurisdictions (UK, US, EU), borrowing is not a taxable event. Selling is. We’re not your tax advisor — but the principle is the same one the wealthiest operators have used legally for decades.
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Do I sell my crypto when using Credit Mode?
In most jurisdictions (UK, US, EU), borrowing is not a taxable event. Selling is. We’re not your tax advisor — but the principle is the same one the wealthiest operators have used legally for decades.
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Can I switch between Credit Mode and Cash Mode?
In most jurisdictions (UK, US, EU), borrowing is not a taxable event. Selling is. We’re not your tax advisor — but the principle is the same one the wealthiest operators have used legally for decades.
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What happens if markets fall?
In most jurisdictions (UK, US, EU), borrowing is not a taxable event. Selling is. We’re not your tax advisor — but the principle is the same one the wealthiest operators have used legally for decades.
