FAQ'S
Is borrowing against Bitcoin or Ethereum legal in the UK?
Yes — borrowing against cryptocurrency such as Bitcoin, Ethereum, or USDT is legal in the
UK.
However, while crypto assets themselves are not regulated by the Financial Conduct
Authority (FCA), any loan issued in GBP by a UK lender must comply with FCA lending,
anti-money laundering (AML), and consumer protection rules.
At LoanAgainstAssets.co.uk, all lending activity operates under full FCA regulation.
Do I still own my crypto while it’s used as collateral?
Yes — you remain the beneficial owner of your cryptocurrency throughout the loan.
During the term, your assets are held securely in an insured cold-storage wallet by an
independent custodian or FCA-compliant partner.
Once your loan and interest are fully repaid, your crypto is returned to you in full.
What happens if the value of my crypto falls during the loan?
If crypto prices drop significantly, lenders may issue a margin call, asking you to top up
collateral or partially repay the loan.
If the value falls below a set threshold and no action is taken, a portion of your crypto may be
sold to protect the loan balance.
LoanAgainstAssets.co.uk monitors values continuously to help clients manage this risk
responsibly.
How long does it take to receive funds?
Once your collateral is verified and securely stored, funds can be released within 24 to 48
hours.
All transactions follow strict FCA and AML procedures, ensuring both speed and
compliance.
What cryptocurrencies are accepted?
Currently, Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) are supported for loan
collateral.
We also review other mainstream digital assets on a case-by-case basis, depending on
liquidity and market stability.
Is LoanAgainstAssets.co.uk regulated?
Yes — LoanAgainstAssets.co.uk is authorised and regulated by the Financial Conduct
Authority (FCA).
While the underlying cryptocurrencies are unregulated, the GBP loan and custody
arrangements follow UK consumer credit and AML regulations, ensuring a transparent
and secure borrowing process.