How it works
From application to funding in as little as 24 hours. Borrow $5K–$100K against your Bitcoin.
Apply online
Simple form, under 10 minutes
Get verified
Quick KYC & credit check
Secure collateral
Transfer to Fireblocks custody
Receive funds
AUD deposited same-day
The 5-phase journey
From application to loan closure, here's what to expect
Application & Approval
Same daySubmit your application, complete identity verification, and receive conditional approval.
- Complete online application (under 10 min)
- KYC & AML verification (ID, sanctions screening)
- Credit assessment & NCCP suitability check
- Conditional approval with rate & amount confirmed
Collateral Transfer
30–60 minutesTransfer your Bitcoin to a segregated Fireblocks custody vault.
- Unique deposit address generated (MPC wallet)
- Transfer BTC from your wallet or exchange
- Real-time blockchain monitoring & confirmation
- 3–6 block confirmations (~30–60 min)
- Amount verified & PPSR security registered
Contract & Funding
Same daySign your loan agreement and receive AUD funds.
- Loan agreement & Key Facts Sheet issued
- E-signature with SMS OTP verification
- AUD disbursed to your nominated bank account
Active Loan Management
Loan duration24/7 LVR monitoring with proactive alerts and cure options.
- Continuous LVR monitoring against live BTC price
- Hourly reconciliation of all collateral positions
- Proactive alerts at pre-margin (60–70%) and margin call (70%+) thresholds
- Cure options: add BTC collateral or make AUD repayment
- Partial liquidation at 80% LVR restores to exactly 50%
Loan Closure
Same day on repaymentRepay your loan and reclaim your Bitcoin.
- Full repayment (anytime, no penalty)
- Collateral released from Fireblocks custody
- PPSR security interest discharged
- Option to refinance at maturity
LVR monitoring zones
Your loan is monitored 24/7 with proactive alerts at every threshold
Healthy
Normal operations. Interest payments continue. Option to withdraw excess collateral.
Pre-Margin Call
Early warning issued. Options: add BTC collateral or make AUD repayment to reduce LVR.
Margin Call
Formal margin call. 48-hour cure period to add collateral or repay principal.
Liquidation
Partial liquidation triggered automatically to restore LVR to exactly 50%.
Key timing
| Step | Typical time |
|---|---|
| Online application | Under 10 minutes |
| KYC & credit check | Instant to same-day |
| Collateral transfer & confirmation | 30–60 minutes |
| Contract signing | 5 minutes (e-signature) |
| Funds to bank account | Same-day or within 24 hours |
| Margin call cure period | 48 hours |
| Collateral release on repayment | Same-day |