Your Bitcoin can be sold without your consent. If the value of your Bitcoin falls and your Loan-to-Value (LTV) ratio reaches our liquidation threshold, we will sell some or all of your collateral to repay the loan — even if you have not missed a repayment. You may lose some or all of your pledged Bitcoin as a result.

Bitcoin is highly volatile. Its value can fall sharply and without warning. Past performance, including any historical price growth referenced on this site, is not a reliable indicator of future performance and should not be relied upon when deciding how much to borrow.

You may not get all your Bitcoin back. If liquidation occurs, you will only receive back the surplus (if any) remaining after your loan and any accrued interest and fees have been settled.

This is a lending product, not an investment product. BitDirect does not provide financial, investment, or tax advice. Please speak to a qualified financial or tax advisor before borrowing against your Bitcoin, particularly if you are considering using the loan to acquire further crypto assets.

Borrow only what you can afford to lose access to. We encourage you to choose a loan amount and LTV level that gives you a comfortable buffer against market volatility, rather than borrowing the maximum available to you.