HOW IT WORKS
Borrow the rand you need against your bitcoin, without selling it. Here's the whole journey, from your first application to getting your bitcoin back.
FROM BITCOIN TO RAND IN FOUR STEPS
1Design your loan
Borrow 50% of your bitcoin collateral. Choose how much rand you need and see exactly what you'll pay. Approval is based on your bitcoin, not your credit score, with a quick identity check (KYC) when you open your account.
2Send your bitcoin
We generate a unique deposit address. Your bitcoin goes straight into cold multisig as collateral, nothing is rehypothecated.
3Get your rand
The moment your collateral confirms, we pay rand straight to your bank, usually the same day.
4Repay, get it back
Repay early, any time before your loan term ends, with no penalty. Once you've settled, your bitcoin is returned to you within two business days.
The price moves. You stay in control.
When bitcoin's price moves, your loan-to-value moves with it. Keeping it healthy is in your hands, and we make sure you have what you need to stay ahead.
liquidation
threshold
Auto Top-Up draws on available bitcoin in your Transaction Account, so keep it funded and your loan can rebalance at full strength. Early risk alerts at 70% and 75% keep you informed.
Automated alerts
As your LTV rises, we let you know, starting with a margin call at 65% that gives you 72 hours to act. Alerts step up at 70% and 75%, well before the 80% level where collateral would be sold.
Top up or pay down
Bring your LTV down whenever you like. Add collateral or repay part of your loan, with no penalties, and redeem any excess collateral once the price recovers.
Real-time monitoring
Watch your loan-to-value live in your dashboard, and top up, repay or check your collateral any time. Your loan, your call.
Stay in control
Watch your loan-to-value live, top up collateral whenever you like, and repay early with no penalty. It's all in your dashboard.
How we keep your bitcoin safe
Keeping your bitcoin safe is the most important thing we do. It is held in cold multisig custody: keys stay offline, coins never move without multiple approvals, and you can verify your collateral on-chain at any time.
GetBitcoinLoans is licensed and regulated by the FSCA in South Africa.
Our custody is built on multi-vendor hardware, so no single device can fail you.
We hold your collateral in a secure, dedicated, 2-of-3 multisig custody wallet.
GET STARTED TODAY
Design your loan in minutes and get the rand you need, without selling the bitcoin you believe in.