If you’re thinking of borrowing against your crypto, the first question you should be asking yourself is: “Is the platform I am using safe?” APX Lending is one of the few crypto lenders that positions itself around compliance, security and transparency. But is it actually safe?  

Here’s what you need to know. 

1. APX Lending is compliant 

APX Lending is the only crypto-backed lender in North America that’s approved by the Canadian Securities Administrators (CSA). This means it operates within a compliance framework and with regulatory oversight, which most crypto-backed lenders can’t claim. In fact, any other crypto-backed lender operating in Canada, apart from APX Lending as of August 28, 2025, is doing so illegally. 

In addition to its CSA approval, APX Lending is: 

·      Registered with FINTRAC in Canada 

·      Registered with FinCEN in the United States 

·      SOC 2 compliant, which means it follows strict data security and internal control standards 

Most other lending platforms are set up offshore or operate without any local registration. APX Lending is different because it works directly with Canadian and U.S. regulators. 

2. Your crypto is held in insured, segregated, cold storage 

When you post your BTC or ETH with APX Lending, your assets are stored in a segregated cold wallets with BitGo, a licensed and insured custodian. 

Key details: 

·      BitGo provides $250 million in insurance coverage 

·      Assets are moved to BitGo using Fireblocks, which also offers $35 million in insurance 

·      Your collateral is not pooled, lent out or reinvested 

·      You retain full ownership of your assets for the duration of the loan 

We believe in full transparency, which is why you can easily verify and monitor your collateral on the blockchain and through your APX Lending dashboard at all times during your loan. 

3. Real-time monitoring and smart risk controls 

We know that market risk is a real concern in crypto lending. APX Lending manages this with a built-in risk system that monitors each loan closely. 

·      Maximum starting loan-to-value (LTV) is 60% 

·      A soft margin call is triggered at 80% LTV whereby we start to notify you of the elevated status of your LTV every 6 hours. 

·      Liquidation occurs automatically at 90% LTV 

·      We mark to market your collateral continuously  

Borrowers receive periodic email notifications when approaching risk thresholds, giving time to top up collateral or make a partial repayment. 

4. No rehypothecation or hidden risk 

Some platforms reuse customer collateral to earn yield or fund other positions. This introduces an extra high level of risk, especially in market downturns.  APX Lending does not do this. Your collateral: 

• Is never rehypothecated 

• Is never reinvested

• Remains your property unless the loan defaults 

This protects borrowers from third-party losses or internal mismanagement. You can also verify and monitor your collateral at any time during your loan, both on the blockchain and through your APX Lending dashboard. 

5. Transparent loan terms with no hidden fees 

APX Lending is up front about its terms. Here are the core details: 

·      Minimum loan size: $10,000 CAD or $25,000 USD 

·      Interest rate: 9.99%-12.99% annually, paid monthly 

·      Loan term: 3 to 60 months 

·      Early repayment: Pay down early at any time. If you close within the first three months, you only owe interest for that minimum period.

·      Fees: No origination, management, or hidden charges 

Loans are structured like a line of credit, allowing borrowers to extend, draw, repay and adjust as needed. 

6. You keep full ownership of your crypto 

With APX Lending, your crypto stays in your name the entire time. Even as collateral, it’s not transferred to APX or anyone else. You’re not handing over ownership. You’re just locking the asset while the loan is active. 

Here’s what that means: 

·      Your crypto is held in a separate wallet tied to your loan 

·      It remains legally yours unless the loan defaults 

·      It’s not reused, moved, or touched without your action 

You also have full flexibility during the loan: 

·      Repay anytime with no penalty (only 3 months’ interest due if you settle within that period) 

·      Extend your loan without needing to reapply 

·      Add more collateral and borrow more 

·      Withdraw extra collateral if its value increases 

You stay in control at every step, with no hidden changes or surprises. 

7. Supported and backed by institutions 

APX Lending isn’t a DeFi protocol or a peer-to-peer platform. It works with licensed institutional lenders and regulated credit facilities. This adds a layer of stability and reduces funding risk for borrowers. 

In July 2025, APX secured a $20 million facility from Cypress Hills Partners, a private credit investment firm. This gives APX flexible access to more loan capital as demand grows, without needing to change its loan terms or structure. 

On top of that, APX offers real human support. You're not left dealing with chatbots or automated replies—just direct help when you need it. 

Final verdict: Is APX Lending safe? 

Yes, APX Lending is one of the safest crypto-backed lending companies operating in Canada and the United States. It stands out due to: 

·       CSA approval and regulatory compliance 

·       Transparent, segregated, cold storage with full insurance 

·       Clear loan terms with no hidden fees 

·       Transparent operations with no collateral rehypothecation 

·       Real-time risk monitoring and flexible loan management 

If safety, compliance and control matter to you, APX Lending offers a secure way to unlock liquidity without selling your crypto. Ready to borrow with confidence? Learn more at apxlending.com and get started today.