Lendasat DocsFAQ
Frequently asked questions about Lendasat
Find answers to common questions about borrowing and lending on Lendasat.
Borrowing FAQ
Questions about borrowing against Bitcoin
Lending FAQ
Questions about lending and earning yield
Quick Answers
Is Lendasat safe?
Yes. Lendasat uses non-custodial 2-of-3 multisig technology. We never hold your Bitcoin. Your funds remain under shared control between you, your counterparty, and Lendasat (for dispute resolution only).
Do I need to complete KYC?
No KYC is required for core functionality. However, some counterparties may request it for larger loans.
What currencies can I borrow/lend?
- Stablecoins: USDC, USDT on Polygon, Ethereum, Solana, Starknet, Liquid
- Fiat: EUR, USD, GBP (via bank transfer)
- Virtual Card: USDC on Polygon
What happens if Lendasat disappears?
You can still recover your funds using our Doomsday recovery tool. Both parties can cooperatively sign a transaction to release the collateral without Lendasat.