Strike partners with trusted capital providers to deliver bitcoin-backed loans with the best possible rates and terms. When you open a loan, your bitcoin collateral is held by Strike or transferred to one of our trusted capital providers, where it is securely held and not re-hypothecated. This means your bitcoin collateral is never lent-out, shorted, or transferred to any other external third party.

You can monitor your collateral amount, value, and status, in your Strike app’s Loan Center at any time. Early loan closures are available on demand, with no fee, once your loan has been opened for more than 60 days. Upon closing your loan successfully, your collateral will be returned to you within one business day.

Strike is actively working towards providing greater collateral tracking and management features for all bitcoin-backed loans. If you have any questions regarding our current bitcoin-backed loan offering, please contact support@strike.me.