Crypto-Backed Loans
A fixed amount, a fixed rate and a defined term for a planned expense. Rates from 9.99%.*
See loan terms →Canada's first regulated crypto-backed lender
Unlock capital without selling your crypto.
Get a fixed-rate loan or a revolving line of credit backed by your Bitcoin or Ethereum.
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Borrower story
“My Bitcoin stayed put the whole time, nobody was doing anything with it behind the scenes.”Genevieve Hennessey, Legends Fun Factory, Deer Island, NB
How a Bitcoin-backed loan finished a $1.5 million build on Deer Island, NBThree quarters of the way through building Legends Fun Factory, Genevieve Hennessey's lines of credit were maxed out and invoices were coming due. She first tried another Bitcoin lender, and that deal fell apart within weeks. With APX, she borrowed against her Bitcoin instead of selling it, and every step happened as promised. Money arrived in her bank account within 24 hours.
Read Genevieve’s story →Our products
Two ways to borrow
against your crypto
Crypto-Backed Line of Credit
Draw, repay and borrow again. Pay interest only on the amount you use.
See credit line details →Your collateral
How we protect
your crypto
The 90/85 Standard
How APX’s 90/85 partial liquidation standard works
If your loan-to-value (LTV) ratio reaches 90%, APX sells only enough collateral to bring it back to 85%, leaving you with more than six times as much collateral after liquidation as with most of our competitors that liquidate your entire position.
The standard applies to both crypto-backed loans and lines of credit, with no liquidation fee and proactive LTV alerts as your position approaches the threshold.
Lending-as-a-Service
Lending under your brand.
- White-label launch
- 1–2 weeks
- Hybrid integration
- 4–6 weeks
- Full API integration
- 6–12+ weeks
Netcoins
APX’s capital, custody and lending operations, inside its Canadian app.
See the deploymentLombardor
APX white-label lending in Europe, under Lombardor’s own brand.
See the deployment
FAQ
Questions before you borrow
Who can borrow, and is a credit check required?
APX serves eligible individual and business borrowers in Canada. In the U.S., lending is available to eligible businesses. APX does not require a traditional credit check; identity verification and compliance checks are still required.Check eligibility →
How much can I borrow against my Bitcoin or Ethereum?
You can borrow up to 60% of the value of eligible Bitcoin or Ethereum, subject to approval. For a credit line, available credit also depends on your outstanding balance and approved limit. Use the calculator for an estimate and check the product terms for minimum amounts.Loan terms → · Credit-line terms →
What interest rates and fees will I pay?
Fixed-term loan rates start at 9.99%, and revolving credit-line rates start at 10.49%. Your rate depends on the amount borrowed. APX charges no origination fee, and the 90/85 Standard has a 0% liquidation fee. Repayment and minimum-interest terms are set out in your agreement.Loan rates and terms → · Credit-line rates and terms →
Where is my collateral held, and can APX reuse it?
Your collateral is held in segregated BitGo cold storage. APX does not lend out or reinvest it, and you can verify your wallet on-chain 24/7. Custody is covered by BitGo’s $250M insurance policy, subject to the policy’s terms.Custody and security →
What happens if my collateral falls in value?
A fall in crypto prices increases your loan-to-value ratio, or LTV. APX sends warnings at 80% LTV. At 90%, the 90/85 Standard sells enough collateral to target approximately 85% LTV, with no liquidation fee. Adding collateral or repaying part of your balance can reduce your LTV.The 90/85 Standard →
How quickly can I receive funds?
After approval, a signed agreement and confirmation of collateral, USDC funding can take minutes; CAD bank wires are typically funded within 24 hours. For a line of credit, request your first draw once the facility is approved and collateralized.Loan funding → · Credit-line draws →
How do repayments work, and can I repay early?
Fixed-term loans offer interest-only or amortized payments and have a three-month minimum-interest requirement. For a credit line, interest is billed monthly on the drawn balance, and principal can be repaid without an early-prepayment fee. Your agreement sets out the payment schedule and any early-closure requirements.Loan repayment terms → · Credit-line repayment terms →
When and how is my collateral returned?
When you close your loan or credit line and all amounts due have cleared, APX returns the remaining collateral to your designated wallet. The team confirms repayment and return instructions with you. Payment processing and custodian retrieval affect the timing.The collateral-return process →