In this financial app, you can borrow dollars using your bitcoin as collateral and access your loan instantly. Includes security features, flexible loan amounts, and global transaction options.
AppRecs review analysis
AppRecs rating 4.4. Trustworthiness 0 out of 100. Review manipulation risk 0 out of 100. Based on a review sample analyzed.
★★★★☆
4.4
AppRecs Rating
Ratings breakdown
5 star
93%
4 star
2%
3 star
2%
2 star
0%
1 star
3%
What to know
✓
High user satisfaction
93% of sampled ratings are 5 stars
✓
Authentic reviews
No red flags detected
About Lava: Secure Bitcoin Loans
Lava’s bitcoin line of credit (BLOC) is the most flexible way to borrow against your bitcoin. You get instant access to dollars in real time, no monthly payments, open terms, and the lowest fixed rates.
With Lava you can buy bitcoin, borrow dollars, earn yield on cash, off-ramp directly to your bank account, spend globally, and much more. Lava gives you access to a full suite of bitcoin-powered financial services:
- Borrow dollars using your bitcoin as collateral— no documentation or paperwork required
- Access your loan capital instantaneously
- Borrow any amount, from $1-$1B+
- Borrow at the lowest rates, starting at just 5%
- Buy and sell bitcoin with zero fees
- Off-ramp to any bank account globally
- Move stablecoins globally
- Earn yield on cash
- Easily spend and earn rewards with the Lava Card
Assets on Lava are secured using institutional-grade cold storage infrastructure. All funds are backed 1:1, never rehypothecated, and held in segregated cold addresses that only move when a loan is opened or closed.
Lava has been audited by independent security experts and is backed by the world’s leading fintech investors (including Khosla Ventures, Founders Fund, and Susquehanna). Our team includes bitcoin developers who have served as core contributors for projects including Bitcoin Core, Lightning Network, and DLCs.
With Lava, you can borrow against your bitcoin without compromising on security.
Download Lava to get started in seconds.
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Reviews for Lava: Secure Bitcoin Loans
jaggner
Seemed promising, but stopped working
The update on Dec. 4 seemed to install fine, but the next day the App won’t open, the only screen it gives is, “Lava’s latest version is here. Please update it now” and clicking the button does nothing. I’ve deleted and reinstalled and get the same message, both on iOS iPhone and iPad versions, whether on WiFi or data, nothing. No access to the App means no access to my bitcoin! Now that Lava has dropped their self-custody model completely and become a custodian who we are supposed to just trust, this is patently NOT A GOOD LOOK!
Fart Priest
Warning: Funds Not Safe
Downloaded app in December 2024. Advertised as wallet that did not require seed phrase. Dev changed business model and modified app. I updated app and wallet balance vanished. Contacted support and response was can’t help you if you don’t have seed phrase.
