Bitcoin-backed Line of Credit
BLOC is Shakepay's Bitcoin-backed Line of Credit. Use bitcoin as collateral to access cash directly in Shakepay, while keeping your bitcoin.
Borrow at your status rate
11.5% APR
Available to Base status
10.5% APR
Available to Bright status
9.5% APR
Available to Blue status
Use bitcoin as part of everyday financial life
Borrow cash without selling
Use bitcoin as collateral instead of selling when you need cash with no fixed monthly payments while your LTV is 50% or lower.
Keep your BTC plan intact
More flexibility today, while your bitcoin stays part of your long-term plan.
Manage in Shakepay
Track your balance, make payments, add collateral, or withdraw eligible collateral directly in the app.
Built for Canadians
BLOC is available to Canadians directly through the Shakepay app.
Borrow up to available limit
Borrow cash directly in Shakepay, up to your available limit.
Review borrowing terms
Review your APR, repayment details, collateral requirements, loan-to-value ratio, and risk information before you confirm.
Open BLOC in Shakepay
Open the app, find BLOC, and review the details available to you.
Use bitcoin as collateral
Choose how much bitcoin you'd like to use to open your line of credit.
Borrow from available credit
Borrow cash directly in Shakepay, up to your available limit.
Open Shakepay, review the full terms, and see if BLOC is right for you.
*Borrowing terms, eligibility, rates, repayment details, collateral requirements, and risk information are shown in-app before you confirm.
Offered by Shakepay Credit Inc. under exemptive relief by Canadian securities regulators.
Made in Canada 🍁
Regulated
FINTRAC #M17065696
Shakepay is a member of the Canadian Investment Regulatory Organization (CIRO) and is registered as an Investment Dealer with the Autorité des Marchés Financiers (AMF) and the securities regulatory authorities in all Canadian provinces and territories.
