Life doesn't wait for lengthy loan applications. Whether opportunity knocks with a time-sensitive investment or your plans simply grow larger, you need financial flexibility that moves at the speed of your ambitions.
That's why we’re excited to introduce loan upsizing – the quickest way to access more US Dollars from your existing bitcoin-backed loan without starting from scratch.
Bitcoiner’s dream: HODL bitcoin, spend US Dollars
Traditional lending hasn't caught up with how quickly opportunities emerge and evolve. You shouldn't have to navigate multiple applications or wait days or even weeks for approval when you already HODL’ed bitcoin for a long time, providing perfect collateral.
With loan upsizing, your existing loan becomes a flexible credit line that can grow with your needs whilst maintaining the security and transparency you expect from Xapo Bank.
Picture this: you've used a bitcoin-backed loan to fund a property deposit, but now you want to renovate before moving in. Or perhaps you've funded a business venture and an unexpected opportunity arises to expand. Or maybe you borrowed already, but now need cash again, and rather quickly. Previously, you'd face the choice of selling bitcoin or looking for alternatives.
Now, you simply upsize.
Smart borrowing, simplified
The mathematics of loan upsizing are refreshingly straightforward. If your existing loan maintains a healthy loan-to-value ratio below 40%, you can access additional funds instantly against your bitcoin collateral.
Here's what makes it compelling:
Instant liquidity: Your additional funds appear in your USD account within seconds. No applications, no credit checks, no waiting.
Same great terms: Your existing loan structure remains intact, with no changes to the interest rate. No fees, no surprises.
Flexible repayment: Maintain complete control over when and how you repay, with no monthly instalments or early repayment penalties.
Preserved strategy: Your bitcoin remains securely held as collateral in the BTC Vault with no rehypothecation, continuing to benefit from potential appreciation whilst providing the liquidity you need.
The process couldn't be simpler
Accessing additional funds through loan upsizing takes three steps:
Navigate to your loan in the Xapo Bank app and tap 'Upsize'
Enter your desired amount and review the updated terms
Confirm – your funds are instantly available in your USD Account, to be used immediately as you see fit
Monitor and manage your outstanding loan balance in one place, with clear visibility of your total borrowing, collateral value, and repayment flexibility.
When upsizing makes sense
Loan upsizing proves particularly valuable in several scenarios:
Scaling opportunities: When your initial plans expand – whether that's a larger property purchase, increased business investment, or taking advantage of market conditions.
Sequential investments and tranches: Rather than timing multiple separate loans, you can progressively access more capital as opportunities arise.
Changing circumstances: Life evolves, and your financial needs may grow. Upsizing provides the flexibility to adapt without disrupting your existing loan structure.
Leveraging bitcoin appreciation: When bitcoin's value increases, your collateral capacity grows. Upsizing allows you to unlock this additional capacity efficiently.
Flexible costs coverage: Any time you need to cover some unexpected expenses you can provision dollars in seconds upsizing your loan, ensuring liquidity precisely when you need it.
More liquidity to power your lifestyle: Instantly cover unexpected expenses or significant lifestyle expenditures, maintaining liquidity without selling your bitcoin holdings
Getting started
If you currently hold a bitcoin-backed loan with Xapo Bank, loan upsizing is immediately available to you through your app. Navigate to your existing loan to see your available upsizing capacity.
For members who haven't yet explored bitcoin-backed loans, the process begins with transferring bitcoin to your BTC Vault, where it can serve as collateral for borrowing up to 40% of its value.
Our Customer Success team remains available 24/5 to discuss your specific requirements.
