Bitcoin lending platforms
Want to use Bitcoin as collateral for a loan? Here are the most established platforms, sorted by availability in the USA and EU.
Unchained Capital
Recommended for USAThe leading Bitcoin lending platform for the USA. Non-custodial multisig — you retain control of your Bitcoin. By Bitcoiners, for Bitcoiners.
- Non-custodial multisig security
- 10+ years of experience
- Bitcoin-native philosophy
- Transparent fees
- USA citizens only
- Higher interest than EU
- Technically demanding
Coinbase Loans
Beginner friendlyThe easiest way to get Bitcoin loans in the USA. Integrated into the Coinbase app millions already use. Ideal for beginners.
- Extremely user-friendly
- Publicly traded company
- Instant disbursement
- Low minimums
- USA citizens only
- Custodial (Coinbase holds BTC)
- Lower max LTV
Ledn
Bitcoin lending with transparent terms and a good reputation. Regulated and established, with flexible loan terms.
- Established since 2018
- Transparent terms
- Bitcoin-focused
- Good support
- USA/Canada only
- Custodial
- Higher interest rates
Nexo
Recommended for EUThe largest and most established Bitcoin lending platform in Europe. Regulated, insured, 6+ year track record. Instant loans available.
- Lowest rates in EU (6.9%)
- Instant loans
- Insured up to $775M
- Large community
- Not available in USA
- Custodial
- Complex loyalty tiers
YouHodler
Swiss Bitcoin lending with high max LTV and innovative features like Turbo Loans. Ideal for more risk-tolerant strategies.
- Highest max LTV (90%)
- Often lower rates
- Turbo Loans feature
- Swiss regulation
- Not available in USA
- High LTV = higher risk
- Smaller insurance
Firefish
Bitcoin on-chain lending with multisig security. Your Bitcoin stays in your control through on-chain escrow. For sovereignty-minded Bitcoiners.
- Bitcoin stays in your control
- Multisig on-chain security
- Recovery function
- No rehypothecation
- Not available in USA
- Younger (1yr track record)
- Technically demanding
Important: Do your own thorough research and only use platforms you feel comfortable with. Never keep all assets on one platform. Other providers exist (Binance Loans, Crypto.com, River) — the ones listed here are the most established with strong reputations.