Deploy capital againstverified Bitcoin-backed credit
Lend stablecoins secured by on-chain Bitcoin collateral. No platform counterparty risk, no custody burden, no lender fees.
Why lend on BTCBacked
Earn interest on loans backed by Bitcoin collateral you can verify on-chain.
Lending fees
No lender fees. BTCBacked takes no share of your interest.
No lender fees
BTCBacked charges lenders no fees and takes no share of the interest on your loans.
How it works
A simple guide to lending with Bitcoin collateral.
Create or browse loan offers
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Create or browse loan offers.
Post a lending offer with your preferred terms.
Or browse borrow requests already in the marketplace.
Match with a borrower
+Secure loan
+Monitor the loan
+Receive principal & interest
+Our partners
Frequently
Asked Questions
You provide a stablecoin loan to a borrower who pledges Bitcoin as collateral. When the borrower repays, you receive your principal plus the agreed interest. You set or choose the terms that work for you.
Your loan is backed by the borrower's Bitcoin, locked in a 2-of-3 multisig wallet. You hold one of the three keys, and any two are needed to move the collateral, so BTCBacked can never move it alone.
BTCBacked monitors the LTV in real time. If it rises to 75%, 80% or 85%, the borrower is prompted to add collateral or repay. If it reaches 90%, the loan is liquidated and you are paid first from the collateral, up to your principal plus interest. If the collateral is worth less than what is owed, you bear the shortfall. A 5% liquidation fee is charged to the borrower. From 80%, you can pre-sign the liquidation so it can complete at 90% without you. If the loan changes before then, for example the borrower repays or adds collateral, the pre-signature lapses and you sign again.
If the borrower does not repay by the end of the loan term, the loan is liquidated. You are paid first from the collateral, up to your principal plus interest, before anything goes to the borrower. If the collateral is worth less than what is owed, you bear the shortfall.
There are no lender fees. The platform fee and any liquidation fee are paid by the borrower. You pay the network fees on your own transfers.