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Borrowing & Locking Bitcoin

Comprehensive information about borrowing against your Bitcoin collateral, the technical aspects of Bitcoin locking, and managing your loans.

FAQ Categories​

General Borrowing​

  • What is Firefish Borrow and why use it
  • Loan amounts, limits, and account tiers
  • Standard vs Instant loans
  • Currencies and fees
  • Interest rates and liquidity

Bitcoin Management​

  • How Bitcoin collateral works
  • Escrow addresses and security
  • Wallet compatibility and setup
  • Network fees and timing
  • Recovery procedures

Collateral Management​

  • Loan-to-value ratios and health indicators
  • Liquidation triggers and processes
  • Margin calls and risk management
  • Bitcoin price data sources

Receiving Loans​

  • Fund transfer timelines
  • What happens if funds aren't received
  • Investor process failures

Repaying Loans​

  • Repayment procedures and timing
  • Early repayment options
  • Default scenarios and resolution
  • Bank account management