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Broker · United Kingdom

Last checked: 23.09.2026
REGULATIONOfficial record verified

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USER FEEDBACKRecurring topics

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GetBitcoinLoans

Crypto exchange · South Africa

About the company

Legal company nameGetBitcoinLoans (Pty) Ltd
Year founded—
Headquarters / registered countryCape Town, South Africa
Websitegetbitcoinloans.co.za
Last checked10.10.2026

According to its official website, GetBitcoinLoans is a platform that lets South Africans borrow rand against their bitcoin without selling it; it is a bitcoin-backed lending service rather than a trading exchange. Services are provided by GetBitcoinLoans (Pty) Ltd, an FSCA-authorised financial services provider (FSP 55552) and registered credit provider (NCRCP22583). Loans run for 12 months; annual interest is 19% up to ZAR 250,000, 17% up to ZAR 1,000,000 and 15% above that, with a fixed origination fee of ZAR 5,250 and no early repayment penalty. Loans open at a maximum 50% loan-to-value (LTV); a margin call with a 72-hour window is issued at 65% and part of the collateral is liquidated at 80%. Bitcoin collateral is held in 2-of-3 multisig cold custody in South Africa, is never rehypothecated and can be verified on-chain; rand is usually paid to a local bank account the same day. Approval is based on collateral rather than credit score; South African residents over 18 with a local bank account, and companies, can apply. This information is the company's own statement.

Account Details

ACCOUNT TYPESIndividual · Business
MIN. DEPOSITNot stated
PLATFORMSOnline client dashboard
PRODUCTSBitcoin-backed rand loans

Licences and regulation

FSCA (South Africa)

Licence no.FSP 55552
Licence holderGetBitcoinLoans (Pty) Ltd
ScopeListed in the FSCA register as an authorised (Authorized) financial services provider under GetBitcoinLoans (Pty) Ltd (FSP 55552); authorised since 12 Aug 2026; approved product classes: crypto assets.
StatusVerified

Sources and verification history

Official company sourcesgetbitcoinloans.co.za — homepage, How it works, FAQ, Mission pages and footer
Regulator recordsFSCA — GetBitcoinLoans (Pty) Ltd, FSP 55552 (fsca.co.za)
Company registerCIPC (Companies and Intellectual Property Commission) — GetBitcoinLoans (Pty) Ltd, 2025/573818/07
User feedback sourcesTrustpilot · Şikayetvar · WikiFX
Last verified10.10.2026

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