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Introducing Lendasat: Borrow Against Bitcoin Without Selling

Access liquidity without triggering capital gains tax or losing your Bitcoin position

Marius
Marius
12/19/2024
announcementlendasatbitcoin
Introducing Lendasat: Borrow Against Bitcoin Without Selling

We're excited to introduce Lendasat - a platform that lets you access liquidity by borrowing against your Bitcoin, without ever having to sell it.

The Problem

Bitcoin holders face a dilemma: when you need cash, selling your BTC means:

  • Triggering capital gains tax (15-20% or more)
  • Missing out on future price appreciation
  • Losing your Bitcoin position forever

The Solution

Lendasat enables you to borrow against your Bitcoin as collateral:

  • Keep your Bitcoin - maintain full exposure to price appreciation
  • No taxable event - borrowing doesn't trigger capital gains tax
  • Fast funding - cash in your account within 24 hours
  • Non-custodial - you control your keys through smart contracts

How It Works

  1. Lock your Bitcoin - Deposit BTC as collateral in a secure smart contract
  2. Receive cash - Get USD, EUR, or USDC based on your loan-to-value ratio
  3. Repay when ready - Pay back the loan and unlock your Bitcoin

Why Choose Lendasat?

  • Security First: Non-custodial design with smart contract protection
  • No Bureaucracy: No credit checks, income verification, or paperwork
  • Flexible Terms: Choose your LTV ratio, interest rate, and duration
  • Multiple Currencies: USD, EUR, USDC, or prepaid cards

Get Started

Join the growing community of Bitcoiners who refuse to sell their sats.

Questions? Join our Discord community or read our documentation.