FAQs
Questions, answered plainly
If a page does not specify a process, timeline, or outcome, this site does not invent one.
Before you enquire
Who is my contract with?
The independent loan provider, if you proceed. Loan My Coins publishes information and makes the introduction. It does not lend, take custody of your bitcoin, approve loans, or enter credit agreements. The provider is named to you after the introduction, before you sign anything.
Who can be introduced?
Holders with a substantial bitcoin position and a real use for the proceeds. The provider decides eligibility and jurisdiction. Loan My Coins does not approve anyone.
What do I transfer, receive, repay, and get back?
On the documented illustration, per 1 BTC: transfer 1 BTC, receive 0.95 BTC, pay 0.95 BTC at repurchase, receive 0.95 BTC back. The economic cost is 0.05 BTC and the original bitcoin is not returned untouched. Your agreement sets your figures.
What can I do with the proceeds?
That is your decision: treasury-company equities, cash or other assets, business use, or spending are all uses borrowers consider. Loan My Coins does not recommend any of them. Whatever you choose must still produce the bitcoin owed at repurchase, and consumed money produces nothing.
Why does the debt being in bitcoin matter?
A fiat loan fixes the debt in dollars while the collateral moves with the bitcoin price, so a fall can breach a loan-to-value threshold. Here the amount owed is bitcoin, fixed under the agreed terms. A falling dollar price does not mechanically increase it. That removes one mechanism, not borrowing risk.
What control do I keep over the bitcoin I transfer?
Whatever the signed agreement gives you. Transferred bitcoin is dealt with under that agreement, and its terms define your rights during the arrangement and at repurchase. Read them before signing; summaries on this site are not a substitute.
What happens at maturity?
You pay the repurchase amount in bitcoin and receive the return amount under the agreement. The provider confirms the repurchase date at onboarding; on the documented onboarding it is one year out.
Can the arrangement be extended?
Only as the signed agreement allows: requested ahead of maturity (ten business days ahead on the documented onboarding), agreed by both sides, and paid in advance.
What about early termination or not paying?
Both follow the signed agreement, including any default remedies. This site does not summarise them because the agreement is the controlling document.
What happens if the provider cannot perform its obligations?
That follows the signed agreement and applicable law. This site does not promise a recovery outcome and gives no counterparty score or guarantee.
Is this tax advice?
No. Whether any step is a tax disposal event depends on you and your jurisdiction. Take qualified tax advice before acting.
What happens after I enquire?
After Loan My Coins makes the introduction, the provider asks for documents, requires a recorded video identity check, coordinates test transfers, and confirms receipt. No timetable is promised here; one documented onboarding took about eight days, and yours may differ.