About Box Advance
Dollars against your crypto, for one fixed fee.
Box Advance lets you borrow USDT or USDC against crypto you already hold: bitcoin, ether, solana, XRP or BNB, with more to come. One fixed fee. The rules are written down before you sign.
Why it exists
Four things we want to be true
If you hold crypto, you may want dollars against it. Box Advance is built around four commitments.
Dollars against your crypto
You pledge crypto and receive USDT or USDC. Your collateral is subject to our security interest, and if the price falls far enough, it can be sold.
How it works → 02One fixed fee
A single amount in USDT or USDC, stated in your Advance Confirmation before the advance is made. It does not accrue or change with time.
Fees → 03Rules before you sign
The levels, the notices and what a sale looks like are written into your Advance Confirmation and the agreement, before any money moves.
If the price falls → 04Held only for you
Your collateral sits in a vault set up solely for you. Boxwind CR has agreed not to lend it, re-pledge it or stake it.
Custody →How it moves
Crypto in, dollars out, crypto back
You pledge your collateral to your vault. We pay the advance, less the upfront half of the fee, to an account in your name, and never to a third party. You repay at maturity, and your collateral is released.
Illustrative. Your fee and maturity date are stated in your Advance Confirmation.
Who you contract with
Boxwind CR, S.R.L.
Box Advance is provided by one company. You contract with Boxwind CR. Box and Box Advance are the brand names under which it offers the product.
| Item | Detail |
|---|---|
| Legal name | Boxwind CR, S.R.L. |
| Legal form | Sociedad de responsabilidad limitada (limited liability company) |
| Incorporated in | Costa Rica |
| Legal identification number (cédula jurídica) | 3-102-887839 |
| Registered office | San José, Costa Rica. |
| Contact and notices | Legal notices and complaints: notices@boxadv.io. Enquiries and support: hello@boxadv.io. |
| Role in each advance | Lender: it makes each advance, in USDT or USDC, to the client. Custodian: it holds the pledged collateral in a vault set up for that client. Secured party: the client grants it security over the pledged collateral, and keeps ownership, subject to that security. |
| Status | Boxwind CR is not a bank or other supervised financial entity. An advance is not a deposit and is not insured. We do not give investment, legal, tax or accounting advice. |
| What it does not do | Boxwind CR has agreed not to lend, re-pledge, rehypothecate or stake the collateral you pledge. |
| Agreement | Master Crypto-Backed Advance Agreement, with an Advance Confirmation for each advance. The signed agreement and your Advance Confirmation govern. |
| Transfer of rights | Boxwind CR may transfer its rights, including to an affiliate or a funding vehicle, and its custody promises continue if it does. |
| Governing law | England and Wales |
| Disputes | LCIA arbitration, seated in London, before one arbitrator, in English. Boxwind CR may still ask a court of competent jurisdiction for interim or precautionary measures, or to enforce its security or an arbitral award. |
See also the key terms summary, the custody page, the website terms, the privacy notice and the complaints process.
For introducers
Refer a client. We contract with them directly.
If you broker or advise businesses, high-net-worth individuals and professional investors that hold crypto, you can introduce them to Box Advance. The client's relationship and agreement are with Boxwind CR, S.R.L. We handle onboarding, the agreement and the advance. Box Advance is not available to retail consumers, so we cannot accept introductions of them.
You introduce a client
Tell the client about Box Advance and put them in touch with our client team.
We onboard the client
We collect the client's documents and carry out due diligence on the client (for a company, its owners and directors) and the collateral.
The client signs with Boxwind CR
The agreement and each Advance Confirmation are between the client and Boxwind CR. You are not a party to them.
Assets move only between the two
The advance is paid only to a whitelisted account in the client's name, and collateral goes only to the vault address we issue to the client.
We deal with the client from then on
Warnings, notices and statements go from us to the client's authorised people.
Introducers must not
- Give advice or make promises about the price of the collateral, the fee or any outcome. Prices can move fast, and a sale may follow with little or no notice.
- Handle client assets. Never receive, hold or forward collateral, an advance or a repayment.
- Describe Box Advance as a bank, a deposit or insured. Boxwind CR is not a bank or other supervised financial entity.
- Speak for Boxwind CR or suggest that you can change the terms of an agreement.
- Introduce retail consumers.
Introducers can say
- Box Advance lends USDT or USDC to businesses, high-net-worth individuals and professional investors against crypto (bitcoin, ether, solana, XRP and BNB, with more to come), for one fixed fee, subject to due diligence.
- The fee is a fixed fee of 9.25% of the advance, in USDT or USDC, stated in the client's Advance Confirmation before the advance is made.
- The client's collateral is held in a vault set up only for it. Boxwind CR has agreed not to lend it or re-pledge it.
- If the price of the collateral falls far enough, it can be sold, with little or no notice, and a shortfall remains a debt.
- The client should read the price-fall rules and the risk disclosure before it signs.
Fees and arrangements · register
Leave your details
You can register your details now. Nothing is agreed, and nothing is payable, until an introducer agreement is in place. We will use your details only to contact you about introducing clients.
Press
Writing about Box Advance? Start here.
Approved boilerplate, the logo, brand colours and typefaces, and the rules for using them.
Boilerplate
Use this paragraph as written. If you need a shorter version, keep the risk line and the status line. It is based on the key facts of the product. You may quote the fee as 9.25% of the advance, a fixed fee set once that does not grow with time.
Box Advance is provided by Boxwind CR, S.R.L., a company incorporated in Costa Rica. It lends USDT or USDC to businesses, high-net-worth individuals and professional investors against crypto (bitcoin, ether, solana, XRP and BNB, with more to come), for a fixed fee of 9.25% of the advance, paid in USDT or USDC and stated before the advance is made. A client's collateral is held in a vault set up only for that client. If the price of the collateral falls far enough, it can be sold, with little or no notice, and a shortfall remains a debt. Boxwind CR is not a bank or other supervised financial entity. An advance is not a deposit and is not insured. Every application is subject to due diligence, and Boxwind CR may decline any application or request. Nothing here is an offer.
Logo on dark
Logo on light
The mark is a cube, drawn in outline with three faces. It sits to the left of the wordmark. Both are inline vector graphics, so they stay sharp at any size.
| Item | Value | Use | Copy |
|---|---|---|---|
| Void | #07080C | Dark backgrounds, and the wordmark on light. | |
| Collateral gold | #E2A94A | Accent words and the main call to action. | |
| Cube blue | #7CC8FF | The cube mark on dark backgrounds. | |
| Paper | #F6F5F1 | Page background, and the wordmark on dark. | |
| Bricolage Grotesque | Weights 500, 700 and 800 | Headlines and the wordmark. | |
| IBM Plex Sans | Weights 400, 500 and 600 | Body text and interface labels. | |
| IBM Plex Mono | Weights 400 and 500 | Figures, labels and captions. |
Do
- Use the logo on void or paper backgrounds, in the version shown above.
- Leave clear space around the logo at least as tall as the cube.
- Describe the product as Box Advance, provided by Boxwind CR, S.R.L.
- Include the status line: Boxwind CR is not a bank or other supervised financial entity. An advance is not a deposit and is not insured.
- Label any worked example as illustrative.
Do not
- Recolour, stretch, rotate, outline or add effects to the logo.
- Place the logo on busy images or low-contrast backgrounds.
- Use the logo to suggest that another company endorses, or is part of, Box Advance.
- Describe Box Advance as a bank, an account or a savings product.
- Quote an advance size or timeline as fact. You may quote the fee as 9.25% of the advance.
Press contact: hello@boxadv.io. Send questions and copy for review there.
Careers
Careful work with other people's assets
We hire people who write plainly, count carefully and tell clients the truth about risk. There are no open roles listed. When a role opens it will be listed here, with what the work involves.
What we look for
- Plain writing. If you can explain a clause in two sentences, you understand it.
- Care with numbers. Figures carry context, and illustrations are labelled as illustrations.
- Candour about limits. Saying "we do not know yet" is better than guessing.
- Respect for the client's money. Our transaction policy requires at least two authorised approvers for any transfer out of a client vault.
Leave your details
This is not an application for a listed role. It tells us who you are and what you do, so we can get in touch if something suits.
Every application is subject to due diligence, and we may decline any application or request. Nothing on this site is an offer.