---
title: "What is a Bitcoin-backed loan, and how to get one?"
url: https://diffcoin.com/what-is-a-bitcoin-backed-loan-and-how-to-get-one/
description: "Bitcoin-backed loans use cryptocurrency holdings as collateral, offering borrowers access to cash while retaining ownership of their Bitcoin. Source link"
published: 2024-06-26
updated: 2024-06-26
author: "Mila"
site: "Diffcoin"
---

# What is a Bitcoin-backed loan, and how to get one?

Bitcoin-backed loans use cryptocurrency holdings as collateral, offering borrowers access to cash while retaining ownership of their Bitcoin.

[Source link](https://cointelegraph.com/news/what-is-a-bitcoin-backed-loan-and-how-to-get-one)