Most lenders save their best rate for their biggest customers. Borrow a little and you pay more; borrow a lot — or hold a stack of the lender’s own token — and the rate finally drops. SALT’s new pricing does away with that. There is now one published rate for each loan-to-value (LTV) tier, and it is the same whether you borrow $10,000 or $1,000,000.
If you have held Bitcoin through a full cycle and want cash without selling — and without triggering a potential taxable event — the new pricing is built to make the cost of borrowing clear before you ever apply. Here is how it works, what a loan actually costs, and the questions most borrowers ask before they start.
One Published Rate — No Volume Tiers, No Relationship Pricing
SALT’s new bitcoin-backed loan pricing starts at 7.49% APR at 30% LTV on a one-year term, and that rate is available at every loan size. The rate does not improve the more you borrow — there are no volume-based pricing tiers — and there is no requirement to hold a native token to “earn” a better number. The rate you see is the rate you get. (Loan minimums and maximums vary by jurisdiction and are confirmed at application.)
Across much of the industry, the lowest advertised rate is the one the fewest borrowers actually receive. It often depends on borrowing above a certain amount. SALT’s flat structure removes that pricing fine print: the same published rate applies to every borrower, regardless of how much you borrow or how long you have been a customer.
SALT’s New Bitcoin-Backed Loan Rates
Here is the full rate table. Every rate below is available at every loan size SALT offers — no volume-based pricing tiers, no relationship pricing.
| LTV Tier | 1-Year APR | 3-Year APR | 5-Year APR |
|---|---|---|---|
| 30% LTV Conservative |
7.49% | 8.24% | 8.49% |
| 50% LTV Standard |
8.75% | 9.50% | 9.75% |
| 70% LTV Max liquidity |
10.50% | Not offered | Not offered |
Interest rates posted here are subject to change and may not reflect current offerings. Any rates or promotions may be modified or discontinued at any time without notice. Restrictions apply.
How LTV Works — And Why It Sets Your Rate
Loan-to-value is the size of your loan relative to the Bitcoin you pledge as collateral. Borrow $30,000 against $100,000 of BTC and you are at 30% LTV; borrow $50,000 against the same collateral and you are at 50%. A lower LTV means a larger collateral cushion, so the loan carries less risk and a lower rate. A higher LTV gives you more cash per dollar of Bitcoin, at a higher rate. SALT’s 30%, 50%, and 70% tiers let you choose where you want to sit on that trade-off.
Because crypto prices move, your LTV moves with them. If Bitcoin’s price falls, your LTV rises — and if it climbs past a set threshold, you may face a margin call, a request to add collateral or pay down part of the balance to bring the ratio back in line. If that is not addressed, some collateral can be sold to protect the loan. Understanding this before you borrow is the most important part of using a crypto-backed loan responsibly, and it is why a lower LTV tier can be worth the smaller loan amount.
What a SALT Loan Actually Costs
Because there are no origination fees and no prepayment penalties, the APR is the whole cost of the loan. Take a $100,000 loan at the 50% LTV tier on a one-year term at 8.75% APR. You would pledge roughly $200,000 in Bitcoin as collateral, and the interest over the year works out to about $8,750 — with nothing added at signing and no charge for paying it off early. A comparable loan from a lender advertising a similar rate but charging a 1–2% origination fee would add roughly $1,000–$2,000 up front before a dollar of interest. This example is illustrative; your actual rate, collateral requirement, and terms depend on your LTV tier, loan term, and jurisdiction, and are confirmed at application.
Lock Your Rate For One, Three, or Five Years
Many lenders only write bitcoin-backed loans for twelve months or less, which can mean renegotiating every few months at whatever the market rate happens to be. SALT offers fixed three- and five-year terms at the 30% and 50% LTV tiers, so long-term holders can lock in their cost and stop refinancing. Your rate stays the same for the full term you choose.
No Origination Fees. No Prepayment Penalties.
SALT charges no origination fee on new loans and no penalty for paying early. The APR is the cost of the loan — nothing extra gets added at signing. (Origination or administrative fees may apply to refinances or in certain jurisdictions; see the full rate and fees page for details.)
What to Look at When You Compare Bitcoin Loans
A low headline rate is not always the cheapest loan once fees and conditions are added. When you compare bitcoin-backed lenders, it helps to check three things: whether the advertised rate is available on the amount you want to borrow,, whether origination or administrative fees are added at closing, and whether the rate is fixed for your full term or resets along the way. SALT’s pricing is built to be simple on all three — one published rate, no pricing tiers, no origination fee on new loans, and fixed terms up to five years.
Frequently Asked Questions
What is the starting APR on a SALT bitcoin-backed loan?
SALT’s new pricing starts at 7.49% APR at 30% LTV on a one-year term, and that rate is available at every loan size.
Does the rate change based on how much I borrow?
The rate does not. SALT publishes one rate per LTV tier, and it is the same at every loan size — there are no volume-based pricing tiers or relationship pricing. (Loan minimums do apply and vary by jurisdiction.)
Do I have to sell my Bitcoin?
No. A bitcoin-backed loan lets you borrow cash against your BTC while keeping ownership of it, so you keep exposure to any future price movement instead of selling. Your Bitcoin is held as collateral for the life of the loan and returned when you repay in full.
Is the interest rate fixed or variable?
The rate is fixed for the term you choose — one, three, or five years — so it will not move with the market during that period.
Are there origination fees or prepayment penalties?
There is no origination fee on new loans and no prepayment penalty. Some fees may apply to refinances or in certain jurisdictions.
How fast can I get funded?
Funding typically happens within 24–48 hours after approval, though timing can vary based on verification and your jurisdiction.
What is the minimum loan amount?
Loan minimums and maximums vary by jurisdiction and are confirmed at application. You can check current availability for your location at saltlending.com/map-list.
Where is SALT available?
Lending availability varies by jurisdiction. Check where SALT lends here: saltlending.com/map-list.
Disclaimer
This article is for informational purposes only and is not financial, invetestment, legal, or tax advice. Available rates and terms are subject to change and may vary based on loan amount, qualifications, jurisdiction, and collateral profile. Interest rates posted herein are subject to change and may not reflect current offerings. Any rates or promotions may be modified or discontinued at any time without notice. Loan minimums and maximums vary by jurisdiction and will be confirmed at application. SALT loans are originated by Salt Lending LLC, NMLS #1711910. Other terms, conditions, and restrictions may apply. For current lending availability by location, see saltlending.com/map-list.
