🔥 Crypto-Backed Loans, Explained: How to Unlock Cash Without Selling Your Bitcoin.
Here's how they work.By Sam MeiAug 12, 2026Aug 12, 20266 min readImage: UnsplashCreate an account to save your articles.Add on GoogleAdd Decrypt as your preferred source to see more of our stories on Google.In brief Crypto-backed loans give holders cash against their coins without selling, generally avoiding a capital-gains event. Figure advises borrowers to compare four things when shopping: max loan-to-value, fixed vs. variable rate, licensing, and liquidation terms. Licensing and liquidation protection matter more than the headline rate, says the crypto lender, and the product suits only holders comfortable with margin-call risk. If you believe in your crypto, selling it to cover a short-term cash need is the one move you'd rather not make. Sell, and you trigger a taxable event and give up any future upside.
A crypto-backed loan offers another path: borrow cash against your holdings while keeping every coin. You pledge Bitcoin, Ethereum, or Solana as collateral, and a lender advances you cashwith Figure its up to 75% of your collateral's value*. You keep ownership of the crypto the entire time. No sale, and because borrowing isn't a sale, generally no capital-gains event (this isn't tax advicecheck with a professional on your situation). The category has matured fast, and not every lender is built the same. Four things separate a serious platform from a risky one and they're exactly what you should compare when shopping for the best crypto-backed loan: Fixed vs.
❓ What's your take is this the start of a bigger move or just noise? Drop it below.
$BTC $ETH #SolanaFiredancer #EthereumUpgrade #CryptoRegulation