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.
Datos de la cuenta
TIPOS DE CUENTAIndividual · Business
DEPÓSITO MÍN.Not stated
PLATAFORMASOnline client dashboard
PRODUCTOSBitcoin-backed rand loans
Licencias y regulación
FSCA (Sudáfrica)
N.º de licenciaFSP 55552
Titular de la licenciaGetBitcoinLoans (Pty) Ltd
AlcanceListed 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.
EstadoVerificada
Fuentes e historial de verificación
Fuentes oficiales de la empresagetbitcoinloans.co.za — homepage, How it works, FAQ, Mission pages and footer
Registros del reguladorFSCA — GetBitcoinLoans (Pty) Ltd, FSP 55552 (fsca.co.za)
Registro mercantilCIPC (Companies and Intellectual Property Commission) — GetBitcoinLoans (Pty) Ltd, 2025/573818/07
Fuentes de opiniones de usuariosTrustpilot · Şikayetvar · WikiFX
ForexQ.com
