# What is the interest rate for a Bitcoin-backed loan?

> The interest rate for our Bitcoinbacked loans is variable and may be adjusted daily based on the base rates set by the Federal Reserve Bank of New York Membe

Source: https://customersupport.xapo.com/en_us/what-is-the-interest-rate-for-a-bitcoin-backed-loan-Hkt1CURe1l

Last updated: 2025-10-08T08:47:12.683Z

The interest rate for our Bitcoin loans is variable and may be adjusted daily. Members don’t lock in their interest rates; instead, they take the loan at the current variable rate available at the time. This rate can be updated daily, and interest accrues based on the rate in effect each day.