Lendasat DocsLend Fiat
Step-by-step guide to lending fiat currency on Lendasat and earning Bitcoin-backed yields.
Creating a Fiat Loan Offer
Earn yield on your fiat currency while helping Bitcoiners unlock liquidity without selling their BTC.
Go to Create Offer
Log into Lendasat → Click "Create Offer"
Select Fiat Currency
Choose your currency:
| Available | Examples |
|---|---|
| Fiat currencies | EUR, USD, GBP (depending on availability) |
Set Your Lending Parameters
| Parameter | What to Set | Example |
|---|---|---|
| Amount Range | Min-max loan size | $1,000 - $10,000 |
| Duration | Acceptable loan terms | 1 - 12 months |
| LTV | Maximum loan-to-value | 50%, 60%, or 70% |
| APR | Annual interest rate | 7.5% |
| Extensions | Allow borrower to extend? | Optional |
Lower LTV = more security for you. Even if borrower repays early, you receive full interest for the agreed term.
Enter Your Bank Details
Provide your bank account for receiving repayments (principal + interest).
Ensure your account supports incoming transfers in the chosen currency.
Create the Offer
Click "Create Offer" → Your offer is now live and visible to borrowers.
When a Borrower Accepts
Notification
You'll be notified via email, Telegram, and in-app
24 Hour Window
You have 24 hours to review and approve
Details Shown
Requested amount, duration, and refund address
Fulfilling the Loan
Review and Approve
Check the contract request → If it matches your criteria → Click "Approve Loan"
Wait for Collateral
Borrower deposits BTC into the 2-of-3 multisig → You're notified when funded.
Send the Loan
Once collateral is confirmed:
| Action | Details |
|---|---|
| Send | Loan amount to borrower's bank account |
| Decrypt | Payment details (keep confidential) |
| Confirm | Submit bank transfer reference |
Loan Repayment
| Step | What Happens |
|---|---|
| 1 | Borrower repays principal + interest to your bank |
| 2 | You receive notification to verify |
| 3 | Once approved, BTC refunded to borrower |
| 4 | You've earned yield securely |
If Borrower Defaults or Liquidation
If the borrower fails to repay on time or LTV exceeds 90%:
| Option | Result |
|---|---|
| Receive in BTC | Get the collateral directly |
| Liquidate to stablecoin | Convert and receive on a network |
Either way, you recover full principal + full interest as agreed.
Track all positions in your Lender Dashboard.