From Deposit to Live Loan
Once your Bitcoin deposit is confirmed, Bitlendex executes your borrow — it locks your collateral into the lending contract and issues your loan. Your embedded wallet signs the on-chain transactions for you; there's nothing to approve in a separate wallet app.
Your application · Step 4 of 5
Loan terms
Identity
Agreement
4
Deposit
5
Receive
Your Loan Goes Live
When execution completes, your loan is active and your dashboard shows your live position — balance owed, current LTV, and collateral held. From here, your payout begins.
42.5%
Healthy
Current loan-to-value
To notification
17.5%
To liquidation
40.8%
Notification 60%
One active loan at a time
Bitlendex supports one active loan per account. Repay your current loan in full to free up your collateral and borrow again.
Was this article helpful?