Frequently Asked
Questions
Find answers to all your questions about Bitcoin-backed lending. From getting started to understanding liquidations, we've got you covered.
Platform Essentials
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Borrow by Sats Terminal
What Wallets Does Borrow Support?
Learn about the wallet options available on Borrow by Sats Terminal, including the built-in Privy smart wallet, external wallet connections, and how self-custodial access keeps your funds secure.
Borrow by Sats Terminal
Is KYC Required to Use Borrow?
Learn whether KYC (Know Your Customer) verification is required to use Borrow by Sats Terminal, how the platform maintains compliance without identity checks, and what this means for your privacy.
Borrow by Sats Terminal
Can I Use Borrow on Mobile?
Find out if you can access Borrow by Sats Terminal on your mobile device, including browser compatibility and the mobile borrowing experience.
Borrow by Sats Terminal
What Blockchains Does Borrow Support?
Learn about every blockchain supported by Borrow by Sats Terminal -- Ethereum, BASE, Arbitrum, Polygon, Optimism, and BSC -- and how multi-chain support helps you find the best lending rates.
Borrow by Sats Terminal
Which Protocols Does Borrow Support?
A detailed overview of every lending protocol available on Borrow by Sats Terminal, including Aave v3, Morpho Blue, and CeFi partners, with comparisons of their features and risk profiles.
Borrow by Sats Terminal
How Does Borrow Aggregate Lending Offers?
Discover how Borrow by Sats Terminal aggregates lending offers from Aave v3, Morpho Blue, and CeFi lenders to find you the best Bitcoin-backed stablecoin loan rates across multiple blockchains.
Borrow by Sats Terminal
How Does Borrow's Real-Time Rate Comparison Work?
Learn how Borrow by Sats Terminal compares lending rates in real-time across DeFi and CeFi providers to find you the best deal on Bitcoin-backed loans.
Borrow by Sats Terminal
What Stablecoins Can I Borrow on Sats Terminal?
Discover which stablecoins you can borrow against your Bitcoin on Borrow by Sats Terminal, including USDC and USDT, and learn how each stablecoin works.
Borrow by Sats Terminal
Does Borrow Support USDT Loans?
Learn about USDT (Tether) borrowing availability on Sats Terminal, which chains and protocols support it, and how it compares to USDC borrowing.
Borrow by Sats Terminal
What Are the Fees and Costs on Borrow?
Understand all fees and costs when using Borrow by Sats Terminal, including protocol interest rates, gas fees, bridging costs, and platform fees for Bitcoin-backed stablecoin loans.
Borrow by Sats Terminal
Does Sats Terminal Charge Fees?
Understand the fee structure across Sats Terminal's Trade, Borrow, and Earn products including platform fees, gas costs, and protocol fees.
Borrow by Sats Terminal
How Does Borrow Handle BTC Deposits?
Learn how Borrow by Sats Terminal handles BTC deposits, including automatic bridging, wrapping, and protocol supply to simplify Bitcoin-backed stablecoin loans.
Borrow by Sats Terminal
What Happens After I Deposit BTC on Borrow?
Understand the complete process after depositing Bitcoin on Borrow by Sats Terminal. Learn how your BTC becomes collateral, how stablecoins are issued, and how your loan position is established.
Borrow by Sats Terminal
How Does Automatic Collateral Preparation Work on Borrow?
Understand how Borrow by Sats Terminal automatically prepares your Bitcoin collateral through bridging, wrapping, and protocol supply — no manual DeFi steps required.
Borrow by Sats Terminal
How Long Does a Borrow Loan Take to Process?
Learn how long it takes to get a Bitcoin-backed loan on Borrow, from BTC deposit to receiving stablecoins, including confirmation times and bridging delays.
Borrow by Sats Terminal
Can I Borrow on Multiple Chains Simultaneously on Sats Terminal?
Learn whether you can have active loans across different blockchains on Borrow by Sats Terminal and how multi-chain lending works.
Borrow by Sats Terminal
How Does Borrow Handle Network Congestion?
Learn how Borrow by Sats Terminal handles blockchain network congestion, gas fee spikes, and delayed transactions during high-traffic periods.
Borrow by Sats Terminal
What Is a Privy Wallet and How Does It Work on Borrow?
Understand how Privy wallets work on Borrow by Sats Terminal - self-custodial, no seed phrases, email-based authentication, and full asset control.
Borrow by Sats Terminal
How to Monitor Your Loan Health on Borrow
Learn how to monitor your crypto loan health on Borrow by Sats Terminal. Understand LTV ratios, health factors, liquidation thresholds, and the tools available to track your position.
Borrow by Sats Terminal
How to Repay a Loan on Borrow
Step-by-step guide to repaying your crypto loan on Borrow by Sats Terminal. Learn about full repayment, partial repayment, interest calculations, and getting your collateral back.
Borrow by Sats Terminal
Can I Extend or Modify My Loan on Borrow?
Learn how to modify your active loan on Borrow by Sats Terminal, including adding collateral, partial repayments, and adjusting loan parameters.
Borrow by Sats Terminal
What Happens If My Loan Gets Liquidated on Borrow?
Understand what happens during a liquidation event on Borrow, how much collateral you lose, and what options you have before and after liquidation.
Borrow by Sats Terminal
Is Borrow Safe to Use?
Understand the safety measures, risk management, and security architecture behind Borrow by Sats Terminal. Learn how self-custody, audited protocols, and transparent operations protect your Bitcoin.
Borrow by Sats Terminal
Is Borrow Self-Custodial?
Understand how Borrow by Sats Terminal maintains full self-custody of your assets, why this matters for crypto lending, and how it compares to custodial alternatives.
Borrow by Sats Terminal
Can Borrow Move My Funds Without Permission?
Learn how Borrow by Sats Terminal protects your assets with a self-custodial, permission-based model. Understand exactly what the platform can and cannot do with your crypto.
Borrow by Sats Terminal
How Does Borrow Compare to Other Crypto Lending Platforms?
Compare Borrow by Sats Terminal with CeFi lenders, direct DeFi protocols, and other aggregators. Learn why Borrow offers a unique combination of simplicity, transparency, and self-custody.
Borrow by Sats Terminal
What Are the Tax Implications of Borrowing Against Bitcoin?
Understand the potential tax advantages of borrowing against Bitcoin instead of selling, including capital gains avoidance and general tax considerations.
Borrow by Sats Terminal
What Is Trade on Sats Terminal?
Trade on Sats Terminal lets you swap Bitcoin L1 and L2 assets across multiple DEXes with optimized routing for the best prices.
Borrow by Sats Terminal
How Does Bitcoin Swapping Work on Sats Terminal?
Learn how Sats Terminal aggregates Bitcoin swap routes across multiple DEXes to find the best price for your BTC trades.
Borrow by Sats Terminal
What Is Earn on Sats Terminal?
Earn on Sats Terminal lets you earn yield on Bitcoin and stablecoins through native and partner vaults, with automatic optimization and non-custodial security.
Borrow by Sats Terminal
Is Earn on Sats Terminal Safe?
Learn about the security measures, risk factors, and non-custodial protections that make Earn on Sats Terminal a safer way to generate yield on Bitcoin.
Borrow by Sats Terminal
How to Earn Yield on Bitcoin with Sats Terminal
Step-by-step guide to earning yield on your Bitcoin through Sats Terminal's Earn product, including vault selection, deposit process, and yield tracking.
Borrow by Sats Terminal
What Stablecoins Can I Earn Yield On with Sats Terminal?
Earn yield on USDC and USDT stablecoins through Sats Terminal's Earn vaults, with competitive rates from DeFi and CeFi yield sources.
Borrow by Sats Terminal
What Are Sats Terminal Vaults?
Sats Terminal vaults are yield-generating strategies that let you earn returns on BTC and stablecoins through curated DeFi and CeFi yield sources.
Crypto Borrowing
How Does Crypto Borrowing Work?
A complete guide to how crypto borrowing works — from depositing collateral to repaying loans — covering DeFi protocols, CeFi lenders, and key concepts every borrower needs to know.
Crypto Borrowing
What Are Bitcoin-Backed Loans?
Learn what bitcoin-backed loans are, how they work, their benefits and risks, and how to use your BTC as collateral to borrow stablecoins without selling.
Crypto Borrowing
What Are the Benefits of Bitcoin-Backed Loans?
Explore the key benefits of Bitcoin-backed loans including tax efficiency, maintaining BTC exposure, no credit checks, and fast access to stablecoins through DeFi and CeFi.
Crypto Borrowing
How to Get Cash Without Selling Your Bitcoin
Discover how to access cash or stablecoins without selling your Bitcoin by using BTC-backed loans. Learn about DeFi and CeFi options, risks, and step-by-step guides.
Crypto Borrowing
What Is Collateral in Crypto Lending?
Learn what collateral means in crypto lending, how it works, which assets are accepted, and how over-collateralization protects both borrowers and lenders in DeFi and CeFi.
Crypto Borrowing
What Is Loan-to-Value (LTV) Ratio in Crypto?
Understand the loan-to-value (LTV) ratio in crypto lending — how it's calculated, why it matters, and how to manage your LTV to avoid liquidation when borrowing against Bitcoin.
Crypto Borrowing
What Is Over-Collateralization in Crypto?
Understand over-collateralization in crypto lending: why you must deposit more collateral than you borrow, how it protects lenders, and what it means for your borrowing strategy.
Crypto Borrowing
What Are Stablecoin Loans?
Learn what stablecoin loans are, how they work in DeFi, which stablecoins you can borrow, and why borrowing stablecoins against crypto collateral has become a popular strategy.
Crypto Borrowing
How Do Interest Rates Work in Crypto Lending?
Understand how interest rates work in crypto lending, including variable vs. fixed rates, utilization rate models, supply and borrow APR, and how to find the best rates.
Crypto Borrowing
What Is a Fixed Interest Rate in Crypto Lending?
Understand fixed interest rates in crypto lending: how they work, where to find them in DeFi, their advantages over variable rates, and when a fixed rate makes sense for your loan.
Crypto Borrowing
What Is a Variable Interest Rate in Crypto Lending?
Learn what variable interest rates mean in crypto lending, how they are calculated, what causes them to change, and how to manage borrowing costs with fluctuating rates.
Crypto Borrowing
How to Choose the Best Crypto Lending Rate
A practical guide to comparing and choosing the best crypto lending rate — covering variable vs. fixed rates, DeFi vs. CeFi, hidden fees, and how aggregators simplify the process.
Crypto Borrowing
What Is a Crypto Lending Aggregator?
Learn what a crypto lending aggregator is, how it compares rates across DeFi and CeFi lenders, and why aggregators like Borrow by Sats Terminal save you time and money.
Crypto Borrowing
What Are Custodial vs Non-Custodial Crypto Loans?
Understand the difference between custodial and non-custodial crypto loans, their trade-offs in security, control, and convenience, and which type suits your needs.
Crypto Borrowing
How Does Cross-Chain Borrowing Work?
Learn how cross-chain borrowing works, why it matters for Bitcoin holders, and how bridging enables borrowing across multiple blockchains like Ethereum, Arbitrum, and Base.
Crypto Borrowing
How to Manage a Crypto Loan Effectively
Learn how to manage a crypto loan effectively, from monitoring your health factor and LTV ratio to repayment strategies and avoiding liquidation.
Crypto Borrowing
What Is a Margin Call in Crypto Lending?
Learn what a margin call means in crypto lending, how it differs from traditional finance, and how DeFi protocols handle undercollateralized positions.
Crypto Borrowing
What Is Loan Liquidation in Crypto?
Learn what loan liquidation means in crypto lending, how it works in DeFi and CeFi, what triggers it, and practical strategies to avoid getting liquidated on your Bitcoin-backed loan.
Crypto Borrowing
How to Reduce Liquidation Risk in Crypto Loans
Practical strategies to reduce liquidation risk on your crypto loans: managing LTV, monitoring health factor, adding collateral, and using alerts to protect your position.
Crypto Borrowing
What Are the Risks of Borrowing Against Bitcoin?
Understand the key risks of borrowing against Bitcoin, including liquidation risk, smart contract vulnerabilities, market volatility, and how to mitigate them.
DeFi Basics
What Is Decentralized Finance (DeFi)?
Learn what decentralized finance (DeFi) is, how it works, and why it matters. Understand the core concepts of DeFi including smart contracts, blockchain, and permissionless financial services.
DeFi Basics
How Does DeFi Differ from Traditional Finance?
Learn how decentralized finance (DeFi) differs from traditional finance (TradFi), including key differences in custody, access, transparency, speed, and risk.
DeFi Basics
What Is a DeFi Protocol?
Learn what a DeFi protocol is, how decentralized finance protocols work, the different types of DeFi protocols, and how they are governed by their communities.
DeFi Basics
What Is a Smart Contract?
Learn what smart contracts are, how they work on blockchain networks, and why they are the foundation of DeFi applications like lending protocols and decentralized exchanges.
DeFi Basics
What Is a Decentralized Exchange (DEX)?
Learn how decentralized exchanges (DEXs) work, how they differ from centralized exchanges, and the role of automated market makers and liquidity pools in DeFi trading.
DeFi Basics
What Is a Liquidity Pool in DeFi?
Learn what liquidity pools are in DeFi, how they work, why they matter for decentralized trading and lending, and the risks and rewards of providing liquidity.
DeFi Basics
What Is an Automated Market Maker (AMM)?
Understand how automated market makers work, the role of liquidity pools in decentralized trading, how AMMs differ from order books, and the trade-offs including slippage and impermanent loss.
DeFi Basics
What Is Total Value Locked (TVL) in DeFi?
Understand what Total Value Locked (TVL) means in DeFi, how it is calculated, why it matters as a metric for evaluating protocols, and its limitations as an indicator.
DeFi Basics
What Are Gas Fees in Crypto?
Learn what gas fees are in cryptocurrency, how they work on Ethereum and other blockchains, why gas fees fluctuate, and practical strategies for reducing transaction costs in DeFi.
DeFi Basics
What Is an Oracle in DeFi?
Learn what oracles are in DeFi, how they bring off-chain data on-chain, the different types of oracle networks, and why accurate price feeds are essential for lending, borrowing, and other decentralized finance applications.
DeFi Basics
What Are DeFi Lending Protocols?
Understand how DeFi lending protocols work, including how interest rates are set, how collateral is managed, and which protocols are most widely used for crypto-backed borrowing.
DeFi Basics
What Is Yield Farming in DeFi?
Learn what yield farming is in DeFi, how it works, the strategies involved, and the risks and rewards of farming crypto yields across decentralized protocols.
DeFi Basics
What Is Composability in DeFi?
Discover what composability means in DeFi, why decentralized protocols are called money legos, how composability enables innovation, and what risks come with highly interconnected financial systems.
DeFi Basics
What Is a DAO (Decentralized Autonomous Organization)?
Explore what DAOs are, how decentralized autonomous organizations govern DeFi protocols, the role of governance tokens, and the benefits and challenges of on-chain governance in decentralized finance.
DeFi Basics
What Are the Risks of DeFi?
Learn about the key risks of decentralized finance (DeFi), including smart contract vulnerabilities, protocol risk, systemic risk, and how to protect your assets.
Yield & Lending
What Is Crypto Yield?
Learn what crypto yield is, how it works, and the different ways to earn passive income on your digital assets through lending, staking, and yield farming.
Yield & Lending
What Is APY in Crypto?
Learn what APY means in crypto, how it is calculated, why it matters for DeFi lending and staking returns, and how to use APY to compare different yield opportunities.
Yield & Lending
What Is the Difference Between APR and APY?
Learn the difference between APR and APY in crypto, how each is calculated, when to use which metric, and how compounding affects your real returns in DeFi lending and staking.
Yield & Lending
How Does Lending Yield Work in Crypto?
Understand how lending yield works in crypto, including how interest rates are determined, how lending pools operate, and how lenders earn passive income from DeFi protocols.
Yield & Lending
What Is a Lending Pool in DeFi?
Learn what a lending pool is in DeFi, how pooled lending works, how interest rates are set, and what makes lending pools different from traditional bank lending.
Yield & Lending
What Are Supply Rates in Crypto Lending?
Understand what supply rates are in crypto lending, how they are determined by utilization and interest rate models, and how to compare rates across DeFi protocols.
Yield & Lending
How Do DeFi Protocols Generate Yield?
Discover how DeFi protocols generate yield through lending, liquidity provision, staking, and token incentives. Understand where the returns actually come from.
Yield & Lending
How to Earn Passive Income with Bitcoin
Explore proven strategies to earn passive income with Bitcoin, including lending, yield farming, and borrowing against BTC to deploy capital productively.
Yield & Lending
How to Evaluate Yield Opportunities in Crypto
Learn how to evaluate crypto yield opportunities by analyzing APY sustainability, protocol risk, smart contract audits, TVL, and more to make smarter DeFi decisions.
Yield & Lending
What Is Staking in Crypto?
Learn what staking is in crypto, how proof-of-stake consensus works, what validators do, how staking rewards are earned, and the risks involved including slashing.
Yield & Lending
What Is Liquid Staking?
Learn what liquid staking is, how it differs from traditional staking, and how liquid staking tokens let you earn rewards while keeping your assets productive in DeFi.
Yield & Lending
What Is Restaking in Crypto?
Learn what restaking is, how it extends proof-of-stake security to new protocols, and what risks and rewards restaking offers to crypto holders.
Yield & Lending
What Is a Yield Aggregator?
Learn what yield aggregators are, how they automatically optimize DeFi yields, and why they matter for crypto investors seeking the best returns.
Yield & Lending
What Is Impermanent Loss in DeFi?
Learn what impermanent loss is, how it affects liquidity providers in DeFi, and strategies to minimize its impact on your crypto holdings.
Yield & Lending
What Are the Risks of Yield Farming?
Understand the key risks of yield farming in DeFi, including impermanent loss, smart contract vulnerabilities, protocol risk, and rug pulls, plus strategies to mitigate them.
Advanced Topics
What Are Smart Contract Audits?
Learn what smart contract audits are, how they work, what auditors look for, and why they matter for DeFi security and protecting your crypto assets.
Advanced Topics
What Is Proof of Reserves?
Learn what Proof of Reserves is, how it works using cryptographic and on-chain methods, and why it matters for trust and transparency in crypto exchanges and DeFi.
Advanced Topics
What Is Protocol Governance in DeFi?
Understand how DeFi protocol governance works, including governance tokens, DAOs, voting mechanisms, and how governance decisions affect lending and borrowing rates.
Advanced Topics
What Is Cross-Chain Bridging?
Understand cross-chain bridging: how bridges transfer assets between blockchains, the different bridge architectures, security considerations, and their role in cross-chain DeFi.
Advanced Topics
What Are Layer 2 Scaling Solutions?
Understand Layer 2 scaling solutions: how rollups, state channels, and sidechains reduce costs and increase throughput while inheriting security from the main blockchain.
Advanced Topics
What Are Rollups in Blockchain?
Learn what rollups are, how optimistic and zero-knowledge rollups work, and why they matter for scaling Ethereum and reducing gas fees in DeFi.
Advanced Topics
What Is Account Abstraction?
Learn about account abstraction: how it transforms blockchain wallets with programmable accounts, gasless transactions, social recovery, and what ERC-4337 means for DeFi users.
Advanced Topics
What Are Tokenized Real-World Assets (RWAs)?
Discover what tokenized real-world assets (RWAs) are, how they work, and how they bridge traditional finance and DeFi by bringing off-chain assets on-chain.
Advanced Topics
What Is Rehypothecation in DeFi?
Learn what rehypothecation means in DeFi, how it differs from traditional finance, and the risks and benefits of collateral reuse in crypto lending protocols.
Advanced Topics
What Are Flash Loans in DeFi?
Learn what flash loans are, how they work within a single transaction, their legitimate use cases like arbitrage and collateral swaps, and the risks of flash loan attacks in DeFi.
Advanced Topics
What Are Zero-Knowledge Proofs?
Explore zero-knowledge proofs (ZKPs): how they work, their role in blockchain scaling through ZK-rollups, privacy applications, and why they matter for the future of DeFi.
Advanced Topics
What Is MEV (Maximal Extractable Value)?
Understand Maximal Extractable Value (MEV): how block producers and searchers extract value through transaction ordering, front-running, sandwich attacks, and what it means for DeFi users.