Question 1

What is the loan amount?

Accepted Answer

Loans are in any $1,000 USD denomination.

Question 2

Can I repay my loan early?

Accepted Answer

All loans settle at the end of the 365 day term.

Question 3

Are there monthly payments?

Accepted Answer

There are no payments. All loans settle at the end of the term.

Question 4

What is the Loan To Value?

Accepted Answer

Loans are 50% value loans.

Question 5

How is collateral managed?

Accepted Answer

You control your private keys and funds. Cadena Bitcoin does not hold or access your private keys or seed phrase. Bitcoin is locked in smart contracts onchain.

Question 6

What currency can I get my loan in?

Accepted Answer

Loans are funded in Bitcoin and settled in Bitcoin.

Question 7

How long does it take to get a loan?

Accepted Answer

Minutes. Funding transactions are broadcast as soon as the contracts are signed.

Question 8

Is there a credit check?

Accepted Answer

No. Your bitcoin is your credit.

Question 9

How do I get a Bitcoin-backed loan?

Accepted Answer

Register online at cadenabitcoin.com and get started in minutes.

Cadena Bitcoin FAQ