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Bitcoin Lending Services

Compare custodial and non-custodial Bitcoin lenders side by side. Filter by custody type, minimum loan, and more.

21lenders0.0–17.2%rates13custodial7non-custodial

Featured Lender

LednEst. 2018

Don't sell your bitcoin, borrow against it. Ledn has operated since 2018 and publishes a monthly Open Book Report, independently verified by The Network Firm LLP, so every bitcoin behind your loan is accounted for.

9.25–11.49% APR
Collateral held with a qualified independent custodian
Collateral is never lent out to earn interest
Monthly Open Book Report, independently verified

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		Origination Fee			Term	Custodian	Custody
Anchorage DigitalEst. Est. 2017	4–12% APR	Not published	60% max	$500K	1–24 mo	In-house custody (OCC-regulated)	Custodial
Full profile
CB CoinbaseEst. 2012	5–12% APR	0%	65% max	None	Not published	Morpho (on-chain)	Custodial
Full profile
PS Psalion Lend	5.5–6.5% APR	0.5%	60% max	None	3–6 mo	Client-selected provider	Custodial
Full profile
Arch LendingEst. 2022	From 7.25% APR	0.25–1.49%	60% max	$5K	1–12 mo	Anchorage	Custodial
Full profile
RO Roxom Credit LineEst. 2024	From 7.25% APR	Not published	50% max	$200	Not published	Fireblocks and other undisclosed third party providers	Custodial
Full profile
SALT LendingEst. 2016	From 7.49% APR	0%	70% max	$5K	12–60 mo	Bitgo,FireBlocks	Custodial
Full profile
STRIKEEst. 2018	7.49–10.5% APR	0%	50% max	$5K	12 mo	Bitgo	Custodial
Full profile
LanternEst. 2023	From 8% APR	2%	50% max	$1K	12 mo	Bitgo	Custodial
Full profile
Figure MarketsEst. 2018	From 8.91% APR	1%	75% max	$5K	12 mo	Anchorage	Custodial
Full profile
LednEst. 2018	9.25–11.49% APR	0%	50% max	$500	12 mo	Bitgo	Custodial
Full profile
CL Crypto Lending by LendingUSAEst. 2015	9.89–17.17% APR	1%	70% max	$10K	12 mo	Trusted custodian, not specified	Custodial
Full profile
APX LendingEst. 2023	From 9.99% APR	0%	60% max	$10K	3–60 mo	Bitgo	Custodial
Full profile
UnchainedEst. 2016	From 12% interest	2%	50% max	$150K	12 mo	In-House	Custodial
Full profile

Data as of Oct 8, 2026

Direct answers

What's the lowest-rate Bitcoin loan right now?

Among custodial lenders, Arch Lending starts at 7.25%, the lowest we track, followed by Strike at 7.75%. Rates scale with LTV and term, and custodial lenders generally price below non-custodial marketplaces.

What's the difference between custodial and non-custodial lending?

Custodial lenders hold your Bitcoin with a third-party custodian (Anchorage, BitGo) or in-house for the life of the loan: simpler, usually cheaper, but you rely on their controls. Non-custodial lenders use multisig or marketplace escrow so no single party controls the collateral, giving you more sovereignty but often higher or market-set rates.

Which lender has the lowest minimum?

Ledn at $500 is the lowest custodial minimum, then SALT at $1,000. Most others start at $5,000 to $10,000.

Bitcoin Lending Tools

Make informed decisions with our comprehensive suite of Bitcoin lending tools and resources. Learn more from the Federal Reserve's credit guidance. Questions? Contact our experts for personalized guidance.

Loan Calculators

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Risk Simulator

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Risk Score Analysis

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Lending Articles, Guides, & Videos

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Explore Related Resources

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Other Bitcoin Products

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How to Borrow Against Your Bitcoin Bitcoin Lending Rates Compared What is Bitcoin?Bitcoin Learning Center

Frequently Asked Questions

Common questions about Bitcoin lending services.

What is a Bitcoin-backed loan?

A Bitcoin-backed loan lets you borrow fiat currency (USD, EUR, etc.) by pledging your Bitcoin as collateral. You keep upside exposure to Bitcoin while accessing liquidity without a taxable sale.

What is the difference between custodial and non-custodial lending?

Custodial lenders hold your Bitcoin collateral in their own wallets. Non-custodial lenders lock it in a smart contract or multisig arrangement, so you never give up direct control. See our guide on custodial vs non-custodial lending for more.

What does Loan-to-Value (LTV) mean?

LTV is the ratio of your loan amount to the value of your Bitcoin collateral. A 50% LTV on $20,000 of Bitcoin means you can borrow up to $10,000. If Bitcoin drops, your LTV rises and you may face a margin call or liquidation.

What happens if Bitcoin's price drops?

If the price falls and your LTV breaches the lender's threshold, they may issue a margin call (asking you to repay part of the loan or add more collateral) or liquidate a portion of your Bitcoin to restore the ratio.

Are Bitcoin loans taxable?

In most jurisdictions, borrowing against Bitcoin is not a taxable event. However, liquidation of collateral typically is. Always consult a qualified tax advisor for guidance specific to your situation.