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Lantern

Established 2023
Bitcoin-collateralized lending platform offering personal loans backed by BTC. No credit check required — loan approval is based on collateral value. Funds can be received same day with competitive rates starting at 13% APR.

Interest Rates

APR Range8% +
Origination Fee2%

Loan Details

Minimum Loan$1,000
Maximum LoanNegotiable
Max LTV50%

Example Loan Calculation

Based on a $50,000 loan at 13% APR over 24 months
$2,377
Monthly Payment
$57,050
Total Payment
$7,050
Total Interest

Frequently Asked Questions About Lantern

About this analysis

21Rates Editorial TeamBitcoin 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: April 2026