TL;DR
The BLOC (Bitcoin Line of Credit) is the first instrument within Roxom Loans. You deposit BTC as collateral, receive USDT, and your Bitcoin remains yours. There is no fixed term, no credit check, and no prepayment penalty. If BTC rises while the loan is open, you benefit. When you repay, you get your BTC back in full.Quick facts
| Item | Value |
|---|---|
| Collateral | BTC |
| Loan currency | USDT |
| LTV at origination | 1%-50% |
| Minimum loan | USDT 200 |
| Default credit limit | USDT 100,000 per account |
| Rate | 7.25% APR (variable) |
| Term | Open Ended (no maturity) |
| Credit check | None |
| Concurrent loans per user | 1 |
| Prepayment penalty | None |
The problem it solves
Bitcoin is the best-performing asset of the last decade. The people who accumulated it did so precisely because they didn’t want to sell. The problem: that conviction has a real cost. Liquidity gets trapped. When an opportunity or need arises, the only traditional option was to sell BTC, pay taxes on the gain, and lose the position. The BLOC (Bitcoin Line of Credit) solves that. The concept is simple: you can live off your bitcoin without selling it.The three pillars
Keep your BTC
You don’t sell. Your long position stays intact.
No taxable event
A loan is generally not a disposition of the asset in most jurisdictions.
No credit check
Your collateral is your credit.
How it works
- You choose how much of the BTC in your funding account to use as collateral and your target LTV (between 1% and 50%).
- You receive a USDT loan in your funding account, available immediately, with no restrictions on how you use it.
- Your BTC is frozen in your funding account and held in segregated custody while the loan is open. While frozen, that BTC does not earn Auto-Earn yield.
- You repay whenever you want. There is no fixed term and no prepayment penalty.
- Once you repay the total debt (principal plus accrued interest), your BTC is unfrozen and available in full.
What can I do with the USDT?
Whatever you want. The BLOC (Bitcoin Line of Credit) gives you USDT against your BTC, and the use of those funds is entirely up to you. Common use cases:- Cover expenses without selling BTC.
- Deploy capital into other opportunities.
- Buy STRC or other tokenized equities on Roxom and earn dividends. This is the same strategic logic that powers the Roxom Carry instrument, where dividend yield helps offset the cost of borrowing.
Why not just sell BTC?
Selling BTC closes your long position and may trigger a taxable event. If the price goes up after you sell, you miss that gain. With the BLOC (Bitcoin Line of Credit):- You keep full BTC exposure.
- The loan is generally not a taxable event.
- You access liquidity immediately.
- The cost is the rate (currently 7.25% APR, variable) you pay on the borrowed capital.
Roxom Loans’ role
Roxom Loans operates entirely within the Roxom ecosystem. The relationship is directly between you and Roxom, with no intermediaries in the user-facing flow. The full lifecycle (origination, monitoring, repayment, liquidation if applicable) is managed within the platform. To fund loans at scale, Roxom works with trusted regulated institutional liquidity partners. In all cases:- Your collateral is held in segregated custody.
- It is legally ring-fenced from partner assets.
- It is never lent out and never commingled.