APX Lending vs Arch (Standard)
Two qualified-custodian loans at the same LTV, split by headline rate versus fees.
Rates as of June 2026 · Verified weekly · By Michael Song
APX Lending$100k loan, 50% LTV · Max LTV 60%
Arch (Standard)$100k loan, 50% LTV · Max LTV 60%
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The bottom line
Both hold collateral with a qualified custodian (BitGo Trust for APX, Anchorage for Arch), neither rehypothecates, and both cap LTV at 60%. Arch (Standard) posts the lower starting rate (around 7.25% vs 9.99%) but adds a 1.49% origination and a 2% liquidation fee. APX charges no origination or admin fee, runs no credit check, and offers extendable 3 to 60-month terms. Lean Arch for the lowest headline rate; lean APX to avoid the fees and for flexible terms.
Conditional guidance, not a recommendation. The right pick depends on your loan size, LTV, state, and what you value most. Rates can change; the table below is the live source.
APX Lending vs Arch (Standard), side by side
| APX Lending | Arch (Standard) | |
|---|---|---|
| Effective APR$100k loan, 50% LTV, all-in | 10.99% | 10.49% |
| Starting APR | 9.99% | 7.25% |
| Origination fee | None | 1.49% |
| Liquidation fee | None stated | 2% |
| Max LTV | 60% | 60% |
| Custody model | Qualified custodian (BitGo Trust) | Qualified custodian (Anchorage Digital) |
| Rehypothecation | No | No |
| Margin-call cure window | Not published | 24 hours |
| Funding speed | Same day to 1 day | Same day to 1 day |
| Minimum loan | $25,000 | $5,000 |
| Maximum loan | No stated maximum | No stated maximum |
| Loan terms | 3 to 60 months, extendable | 1 to 12 months; interest-only; rollover available at maturity |
| Prepayment | Not published | No prepayment penalty |
| Operating since | Not published | 2023 |
| Availability | All 50 states | 39 states (excludes 11) |
Rates and fees
On a $100,000 loan at 50% LTV, Arch (Standard) is the cheaper borrow: an all-in effective APR of about 10.49% versus 10.99% at APX Lending, a gap of roughly 0.5 points before fees. APX Lending charges no origination fee, while Arch (Standard) adds 1.49% up front, which raises Arch (Standard)'s true cost on shorter loans.
Custody and counterparty risk
APX Lending holds collateral via qualified custodian (BitGo Trust), while Arch (Standard) uses qualified custodian (Anchorage Digital). Neither rehypothecates collateral.
Loan terms and flexibility
APX Lending offers 3 to 60 months, extendable; Arch (Standard) offers 1 to 12 months; interest-only; rollover available at maturity.
Leverage, limits, and speed
Minimums differ: $25,000 at APX Lending versus $5,000 at Arch (Standard).
Track record and availability
On availability, APX Lending covers all 50 states, while Arch (Standard) excludes 11.
Strengths and trade-offs
APX Lending
- No origination or management fees
- No credit check
- BTC and ETH accepted as collateral
- Segregated cold-storage custody with BitGo Trust
- US minimum loan 25,000 dollars
- US state-by-state availability not publicly itemized
- Maximum loan size not publicly posted
- Margin-call and liquidation LTV thresholds not publicly itemized
Arch (Standard)
- Anchorage Digital qualified custody
- $100M Lloyd's of London insurance
- Zero rehypothecation, explicit policy
- Segregated wallets
- $75M raised (2024)
- 1.5% origination fee plus 2.5% liquidation fee
- Not available in CA, DE, MS, MT, NV, ND, RI, VT
- Company founded 2023
About each lender
APX Lending
Regulated crypto-backed lender serving US and Canadian borrowers, with no credit checks and no origination or management fees. Collateral (BTC, ETH) is held in segregated, insured cold storage with BitGo Trust. US loans start at 25,000 dollars with tiered APRs.
Arch (Standard)
Bitcoin-backed loan with Anchorage Digital qualified custody, segregated wallets, $100M Lloyd's of London insurance, and explicit no-rehypothecation policy. Multi-collateral: BTC, ETH, SOL.
Frequently asked
Is APX Lending or Arch (Standard) cheaper?
On a $100,000 loan at 50% LTV, Arch (Standard) is cheaper, with an all-in effective APR of about 10.49% versus 10.99%. APX Lending also charges no origination fee, while Arch (Standard) adds 1.49% up front.
Which has lower custody risk, APX Lending or Arch (Standard)?
APX Lending uses qualified custodian and Arch (Standard) uses qualified custodian. Neither rehypothecates pledged collateral.
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borrowonbitcoin.com is a comparison publisher, not a lender or financial advisor. Rate data verified June 9, 2026. How we verify rates · Full disclosures.