Your Checklist
Before you start a loan application, make sure you have these four things ready:
- A Bitlendex account — created with your email in under two minutes.
- A government-issued photo ID — for a quick, one-time identity check.
- Bitcoin to deposit as collateral — the minimum is 0.01 BTC.
- A destination for your funds — an Ethereum (ERC-20) wallet address for USDC, or your bank details for fiat.
Identity Verification Applies to Everyone
A one-time identity check (KYC) is required for every loan, whether you choose a crypto-wallet payout or a bank payout. You complete it once during your first application, and it carries forward to future loans.
Why we verify everyone
Identity verification keeps Bitlendex compliant and protects your account from impersonation. We use Persona to check your ID securely — and we never run a credit check.
The Five Steps of an Application
Every application moves through the same five steps. You can see exactly where you are at any time from the progress tracker.
Your application · Step 2 of 5
Loan terms
2
Identity
3
Agreement
4
Deposit
5
Receive
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