Where to Send Your Bitcoin Collateral

Updated June 27, 20265 min read

Your Unique Deposit Address

When you reach the deposit step, Bitlendex shows your Bitcoin deposit address and the exact amount to send. The NEAR Intents bridge issues this address for your account, not for a single loan, so you use the same address for later loans. Copy the address (or scan the QR code) and send BTC from your external wallet or exchange.

Send the exact BTC amount to your unique address. We detect the deposit automatically.

Send Real Bitcoin, On the Bitcoin Network

Bitlendex uses native Bitcoin. You deposit real BTC on the Bitcoin network. It is not wrapped into WBTC or moved to Ethereum: it stays on the Bitcoin blockchain, held by the NEAR Intents bridge, and the lending contract tracks it 1:1 as your collateral. Send standard on-chain BTC to the address shown.

When your deposit confirms, a 1:1 BTC token on the NEAR network is credited to your account. When you confirm your loan, that token is locked in the lending contract as the record of your collateral. When you repay, the lock is released and the bridge sends your BTC to a Bitcoin address you choose.

Send only BTC to this address

Only send Bitcoin, on the Bitcoin network, to your deposit address. Sending any other asset — or using a different network — may result in permanent loss of funds.

Confirming Your Deposit

After you send, Bitlendex watches the blockchain for your transaction. It typically takes 1–3 confirmations (about 10–30 minutes) before your collateral is credited and the loan can proceed.

  • You can close the tab: your deposit is still credited to your account. To finish your loan, choose Continue application on your dashboard to return to the deposit step.
  • Already sent it? Paste your transaction hash to speed up detection.
  • You can independently track the transaction on mempool.space or any Bitcoin block explorer.

My deposit hasn't shown up yet

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