TL;DR
The BLOC (Bitcoin Line of Credit) costs 7.25% APR (variable), has no maturity date, and lets you borrow in USDT or USDC against your BTC at up to 50% LTV at origination. USDT and USDC loans are two independent credit lines, each with a default credit limit of 200,000 (400,000 combined). Minimum borrow is 200 USDT or 200 USDC. You can have one USDT loan and one USDC loan active at the same time. There is no origination fee and no prepayment penalty.Quick facts
Interest rate
- The current rate is 7.25% APR.
- Interest is simple and accrues daily on the original borrowed amount (principal only) at a rate of
0.0725 / 365 ≈ 0.0199%per day. Accrued interest is not added to the calculation base, so the daily charge stays constant for the life of the loan. - The first accrual runs exactly 24 hours after loan creation (not at midnight UTC). This means if you open and fully repay a loan within the same 24-hour window, no interest is charged.
- If you refinance a bitcoin-backed loan from another lender into a BLOC, your first month of interest is waived. Start at roxom.com/refi, message the refinance hotline on WhatsApp at +1 (682) 271-7956, or see How to refinance your loan.
Variable APR policy
The APR is variable and Roxom may adjust it at any time. When the rate changes:- The new rate applies to future interest accruals only: interest that has already accrued on your active loan is not re-priced retroactively.
- All accruals from the change forward are calculated at the new rate, including on existing active loans.
- The current APR is always visible in the Loans section and in the Open Credit Line / Borrow More modals (
7.25% APR · variable).
Term
The loan is Open Ended. There is no maturity date.- Keep the loan open as long as you want, provided your LTV stays within thresholds.
- Repay partially or in full at any time.
- There is no prepayment penalty.
How much can I borrow?
The amount you can borrow is constrained by two independent caps:
- 50% LTV at origination: how much you can borrow against a given BTC collateral, regardless of credit limit.
- Credit limit per credit line: each stablecoin has its own account-level cap, currently 200,000 by default (200,000 USDT and 200,000 USDC). Because USDT and USDC are two separate credit lines, the combined default cap is 400,000.
Credit limit vs. loan amount
The credit limit is a per-credit-line ceiling on your outstanding debt across the lifetime of that credit line. It is shown in the Open Credit Line and Borrow More modals asused / total (for example, 1,000 / 200,000 USDT). It is not a per-loan limit. USDT and USDC credit lines are counted independently.
If you need a higher cap, click Increase → next to the credit limit in either modal. This opens a credit limit increase request that contacts the Roxom support team. Increases are subject to available liquidity and internal review, they are not granted automatically.
Two independent credit lines
You can have one USDT loan and one USDC loan open at the same time. Each credit line is independent: it has its own principal, its own accrued interest, its own credit limit, and its own repayment. To open a second loan in the same currency, the previous one in that currency must be fully repaid and closed.Currencies
Funds are disbursed in USDT or USDC, depending on which credit line you open. USDT and USDC loans are managed as two independent credit lines and can be open at the same time.Fees
- Origination fee: none.
- Prepayment penalty: none.
- Liquidation fee: 2% of the BTC effectively liquidated, deducted from the liquidation proceeds before they are applied to interest and principal. It is not charged on your total debt. See LTV, margin calls, and liquidation.