Property rarely lines up neatly. The new place settles before the old one sells, the numbers come in a little short, or a strata levy lands at the worst possible moment.
A Bitcoin-backed loan turns the Bitcoin you hold into security for a fixed-rate loan in Australian dollars, over a 12-month term. Your Bitcoin is held in a segregated wallet uniquely generated for you and released back to you once the loan is repaid in full.
It can cover a gap while the rest comes together. Understand the terms first, and plan how you will repay at the end of the term. If the price of Bitcoin falls, you may need to add collateral or pay down the loan, and if you do not, some or all of your Bitcoin can be sold to cover what you owe.
