📖 5 min read ✍️ 21 Rates Editorial Team 📅 Updated December 2024
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Firefish

Bitcoin Only
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About Firefish

Non-custodial Bitcoin-backed lending platform where collateral is held in Bitcoin mainnet multisig escrow instead of with a centralized custodian.

Loan Terms & Rates

Interest Rate
Market-driven interest rates
Min Loan
Contact
Loan Term
0-0 months
Max LTV
Contact

Loan Details

Origination Fee Contact for details
Maximum Loan Not publicly listed
Rehypothecation No
Repayment Terms Borrow cash against BTC using loan terms set through the Firefish marketplace
Custodian Non-custodial multisig escrow on Bitcoin mainnet; dedicated on-chain address per loan
KYC Required Yes

Risk Analysis

Overall Risk Score: 7.4/10

Loan Calculator Example

Example: $50,000 loan at 10% APR over 24 months

Monthly Payment
$2,261.36
Total Interest
$4,272.75

Compare Firefish with Other Lenders

Compare Firefish with other Bitcoin lenders on 21Rates:

Frequently Asked Questions About Firefish

What interest rates does Firefish offer for Bitcoin loans?
Firefish offers competitive rates for Bitcoin-backed loans. Contact them directly for current interest rate information based on your specific loan requirements.
What is the minimum loan amount at Firefish?
Contact Firefish directly for their minimum loan requirements, as this may vary based on current policies and your location.
Is Firefish safe and legitimate?
Firefish has a risk score of 7.4/10 based on our analysis of custody practices, regulatory compliance, and operational history. Always conduct your own research before depositing Bitcoin as collateral.
What LTV ratio does Firefish offer?
Firefish's LTV ratios vary based on loan terms and market conditions. Contact them for current LTV options and understand the liquidation risks involved.
How long are the loan terms at Firefish?
Firefish offers flexible loan terms. Contact them to discuss term options that fit your repayment timeline and financial goals.

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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