If you own Bitcoin and need Canadian dollars, you have two options: sell your Bitcoin, or borrow against it. Most serious Bitcoin holders choose to borrow. Here’s how it works in Canada.
What Is a Bitcoin-Backed Loan?
A Bitcoin-backed loan lets you use your Bitcoin as collateral to receive Canadian dollars — without selling your Bitcoin. You keep your upside. You get the liquidity you need.
DWM Canada provides Bitcoin-backed loans at 50% LTV with qualified Canadian custody.
Step-by-Step: How to Get a Bitcoin-Backed Loan at DWM Canada
Step 1: Get verified
You’ll need a verified Canadian identity and a funded Bitcoin wallet. If you haven’t purchased Bitcoin yet, 1Bitcoin.ca is Canada’s trusted non-custodial Bitcoin brokerage — FINTRAC-registered, Bitcoin-only.
Step 2: Apply online
Submit your loan application at DWM Canada. Tell us how much CAD you need and how much Bitcoin you have available to pledge.
Step 3: Pledge your Bitcoin
You transfer your Bitcoin to the DWM Canada custody address — held by a qualified third-party Canadian custodian. Your Bitcoin stays in Canada, fully segregated.
Step 4: Receive your funds
Once custody is confirmed, CAD is transferred to your bank account — typically within 24-72 hours.
Step 5: Repay at term end
Repay the principal plus interest at the end of your term. No monthly payments required. Your Bitcoin is returned once the loan is fully repaid.
Loan Terms at DWM Canada
| Term | Details |
| Loan-to-Value | 50% — $50,000 CAD against $100,000 in Bitcoin |
| Interest Rate | 12% APR |
| Origination Fee | 1% (min $250) |
| Loan Term | 24 months |
| Prepayment Penalty | None |
| Monthly Payments | Not required |
| Margin Call | Triggered at 80-90% LTV |
Who Is This For?
Bitcoin-backed loans are ideal for Canadians who:
– Own significant Bitcoin and need liquidity without triggering capital gains
– Want to invest in real estate or business opportunities
– Need bridge financing while waiting for other assets to settle
– Believe Bitcoin will appreciate and don’t want to sell
The Bottom Line
Don’t sell your Bitcoin to access dollars. Borrow against it, keep your position, and repay when ready.
Ready to apply? Contact DWM Canada today →
Don’t own Bitcoin yet? Buy Bitcoin in Canada at 1Bitcoin.ca →
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DWM Canada | Bitcoin Custody & Lending | FINTRAC Registered