
A marketplace for borrowing cash or stablecoins against Bitcoin collateral, with a related non-custodial Bitcoin-stablecoin swap rail now published as Satora.
Lendasat's lending site still describes a P2P marketplace: a borrower selects lender terms and locks BTC in a 2-of-3 multisig escrow among borrower, lender, and Lendasat as arbitrator. That is not unilateral borrower control, and it is not a tax or KYC determination. The same team now publishes Satora for atomic swaps across Bitcoin on-chain, Lightning, and Arkade. Swap settlement and loan collateral are different workflows. Confirm the live product, recovery path, and personal eligibility before using either.
Source-checked information, not a security audit. Details can differ by product mode and region.
A peer-to-peer marketplace for borrowing cash or stablecoins against Bitcoin collateral, with lenders setting loan terms.
The current homepage describes 2-of-3 multisig involving borrower, lender, and Lendasat as arbitrator. This is not unilateral borrower control; exact live spending and recovery conditions require further confirmation.
A web lending marketplace linked from the official site. Payout options depend on the offer; advertised bank, stablecoin and card routes are not a verified country-availability list.
Awaiting sources for: lightning, availability.
Layers Bitcoin L1 · Lightning · Off-chain
Settle order · L1 → Lightning → Sidechains → Rollups → Meta → Off-chain
Same job · Lending/Borrowing
Borrowers choose lender terms and lock BTC collateral. Falling collateral value can trigger liquidation; alerts do not guarantee time to add collateral or avoid loss.
Costs include a platform charge and lender-set interest. The current FAQ says early repayment still owes the full interest for the agreed loan term, rather than automatically reducing it pro rata.