Cash out,
HODL onBorrow cash against your Bitcoin or Ethereum. Get same-day approval* and flexible payment options, no credit score needed. Available to U.S. and international customers.
* Terms and conditions may apply. Please review disclosures located below for more information.
Loan minimum
$5000, no minimum for international borrowers
Interest rate
Starting at 12.5%
(12.5% to 16.73% APR), interest deferred payments available
Max initial LTV
75%
Max LTV
90%
Term
12 months, no prepayment fees
Eligible collateral
BTC or ETH
Disbursement
USD or USDC
No credit score needed
Payment deferral
No rehypothecation
Your crypto in safe custody
Crypto: yours to HODL.
Cash: yours to spend.
Whether you need a financial boost, want to consolidate high-interest debt, or bridge the gap between investments, our crypto lending platform gives you access to instant cash.
Large purchases
Fund large purchases like a car, mining equipment, or a vacation
Upgrade your home
Get the funds you need to complete home projects or renovations
Consolidate debt
Pay off high-interest or credit card debt with a lower-interest loan
Invest
Free up cash to re-invest or trade your existing crypto assets
How much could I borrow with my crypto collateral?
Access a loan of up to 90% of the value of your BTC or ETH collateral with a Figure Markets crypto-backed loan.
Crypto loans are dependent on the collateral value of your crypto. Use the interactive chart to adjust the amount of BTC you could provide to secure your loan.
--
Apply now* State minimums may apply to “Amount to Borrow amount”
** The price for BTC is $0.00 USD per Figure Markets Exchange
Adjust your collateral amount to explore how much you could potentially borrow
Initial Loan-to-Value (LTV)
Percentage of your collateral value that you can borrow.
0.1 BTC
Crypto collateral amount
$1
Amount you can borrow*
Access funds
Keep your crypto
Access funds quickly, all while keeping your crypto holdings intact. No credit score needed.
Crypto-backed loan | Personal loan | |
|---|---|---|
Opportunity to grow your crypto portfolio |  |  |
Lower interest rates | | |
Lower origination fees | | |
Flexible terms | | |
No prepayment fees | | |
Focused on helping you HODL | | |
No impact on your credit score | | |
Borrow against your crypto in
3 simple steps1
Create your account
Complete registration to easily return to your application.
2
Send collateral
Choose your desired terms and securely deposit required collateral.
3
Get funded
Receive cash instantly, directly in your bank account.
Why Figure Markets?
Trusted lender
Figure Lending has originated $7B+ in funded loans, including crypto-backed loans, and has never lost coin assets or paused crypto withdrawals.
No credit score needed
Your eligibility for a crypto-backed loan is based solely on your crypto collateral, not your traditional credit score.
Competitive rates and flexible payment terms
Enjoy a competitive rate and choose to make monthly interest-only payments or defer interest payments until maturity.
Interest deferral may be subject to 1% deferral fee, depending on jurisdiction.
Control over collateral
Our custody-only product allows you to retain beneficial ownership of your collateral, which is held at a qualified custodian and will not be rehypothecated.
Frequently asked
Questions
How do crypto-backed loans work?
Our crypto-backed loans allow you to put up crypto as collateral to access cash, while continuing to HODL. You can borrow up to 55% of the value of your crypto at a competitive rate and choose to make monthly interest-only payments over your 12-month term, or defer interest until maturity. Either way, the remaining balance of the loan plus any accrued interest is due in full at maturity if you don’t choose to renew your loan for a 1% origination fee. Once your loan is paid in full, any remaining collateral will be returned to you.
What can I use crypto-backed loans for?
There are no limitations to what your crypto loans can be used for. Many customers use their liquidity for large purchases like a house, car, or vacation, while others may invest in mining equipment or additional crypto assets. Figure does not provide financial advice and we recommend you contact your financial advisor about how the proceeds can be best used.
Where will crypto-backed loans be available?
Figure's Crypto-Backed Loan is available to residents of every state except Idaho, Illinois, Kentucky, Maryland, Mississippi, South Dakota, Texas, Vermont, Virginia, and the District of Columbia, and we are working to expand to these locations. It will soon be available internationally with the exception of certain jurisdictions. Join our waitlist to be the first to know.