📖 5 min read ✍️ 21 Rates Editorial Team 📅 Updated December 2024
APX Lending logo

APX Lending

Est. 2023
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About APX Lending

Bitcoin-backed lending platform providing USD loans with no credit checks. Keep your Bitcoin while accessing liquidity. Features transparent terms, no rehypothecation of collateral, and loans funded within 24 hours.

Loan Terms & Rates

Interest Rate
9.99% +
Min Loan
$10,000
Loan Term
3-60 months
Max LTV
60%

Loan Details

Origination Fee None
Maximum Loan $10,000,000
Rehypothecation No
Repayment Terms Interest Only, Principal + Interest
Custodian Bitgo
KYC Required Yes

Risk Analysis

Overall Risk Score: 7.1/10

Risk Score: 7.1/10. Strengths: no rehypothecation, conservative LTV. Key risks: limited audit transparency.

Custodial Risk:

Low risk: Uses Bitgo custody solution with strong security practices

Counterparty Risk:

Low risk: No rehypothecation of collateral

Loan Structure:

Conservative: Max LTV of 60% provides strong collateral buffer

Auditability:

Limited: No public proof of reserves or audit information

Regulatory:

Unclear: Regulatory status and licenses not well documented

Insurance:

Custodian insured: Client assets protected through custodian's insurance policy

Transparency:

Excellent: Clear terms, fees, and policies publicly available

Loan Calculator Example

Example: $50,000 loan at 9.99% APR over 24 months

Monthly Payment
$2,307.02
Total Interest
$5,368.37

Compare APX Lending with Other Lenders

Compare APX Lending with other Bitcoin lenders on 21Rates:

Frequently Asked Questions About APX Lending

What interest rates does APX Lending offer for Bitcoin loans?
APX Lending offers Bitcoin-backed loans starting at 9.99% APR. Actual rates depend on loan-to-value ratio, loan amount, and term length.
What is the minimum loan amount at APX Lending?
The minimum loan amount at APX Lending is $10,000. This allows both small and large borrowers to access Bitcoin-backed lending.
Is APX Lending safe and legitimate?
APX Lending has a risk score of 7.1/10 based on our analysis of custody practices, regulatory compliance, and operational history. Risk Score: 7.1/10. Strengths: no rehypothecation, conservative LTV. Key risks: limited audit transparency.
What LTV ratio does APX Lending offer?
APX Lending offers a maximum loan-to-value (LTV) ratio of 60%. This means you can borrow up to 60% of your Bitcoin's current value. Higher LTV means more borrowing power but also higher liquidation risk.
How long are the loan terms at APX Lending?
APX Lending offers loan terms ranging from 3 to 60 months. Shorter terms typically have lower total interest costs, while longer terms offer lower monthly payments.

About This Review

21
21 Rates Editorial Team
Bitcoin Financial Research Analysts

Our research team analyzes Bitcoin lending platforms using proprietary risk scoring, rate comparison data, and user reviews. We independently verify lender terms and maintain up-to-date information to help you make informed borrowing decisions.

Last verified and updated: December 2024

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