CoinRabbit vs Strike
Maximum leverage and speed against the lowest rate, both fee-light and lender-held.
Rates as of June 2026 · Verified weekly · By Michael Song
Strike$100k loan, 50% LTV · Max LTV 50%
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The bottom line
Neither uses an independent qualified custodian, and both keep fees minimal. Strike is the cheaper borrow (around 7.49% vs 11.95%) with a 50% LTV cap. CoinRabbit costs more but allows up to 90% LTV with fast, flexible terms. Choose Strike for the lowest rate; choose CoinRabbit when you need to borrow the most per coin or want quick, no-friction funding.
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.
CoinRabbit vs Strike, side by side
 CoinRabbit | Strike | |
|---|---|---|
| Effective APR$100k loan, 50% LTV, all-in | 16.8% | 11.02% |
| Starting APR | 11.95% | 7.49% |
| Origination fee | None | None |
| Liquidation fee | None | None |
| Max LTV | 90% | 50% |
| Custody model | Lender-held | Lender-held |
| Rehypothecation | No | No |
| Margin-call cure window | No formal window | 72 hours |
| Funding speed | Same day to 1 day | Same day to 1 day |
| Minimum loan | $100 | $10,000 |
| Maximum loan | No stated maximum | $5,000,000 |
| Loan terms | Open-ended (no fixed maturity date) by default; 30-day fixed-term option available at reduced rate | 12-month fixed-term loan. Separate line-of-credit product also available (revolving, no maturity date). |
| Prepayment | No prepayment penalties. Repay in full or partial at any time with no fixed schedule. | No prepayment penalty. Full closure permitted after 61 days. Cash repayments free; BTC collateral repayment incurs 0.79% processing fee (state-dependent). |
| Operating since | 2020 | 2017 |
| Availability | All 50 states | All 50 states |
Rates and fees
On a $100,000 loan at 50% LTV, Strike is the cheaper borrow: an all-in effective APR of about 11.02% versus 16.8% at CoinRabbit, a gap of roughly 5.78 points before fees. Neither charges an origination fee, so the headline rate is closer to the real cost.
Custody and counterparty risk
CoinRabbit holds collateral via lender-held, while Strike uses lender-held. Neither rehypothecates collateral.
Loan terms and flexibility
CoinRabbit offers open-ended (no fixed maturity date) by default; 30-day fixed-term option available at reduced rate; Strike offers 12-month fixed-term loan. separate line-of-credit product also available (revolving, no maturity date).. On a margin call, CoinRabbit gives no formal cure window and Strike gives a 72-hour cure window, the time you have to add collateral or repay before a forced sale.
Leverage, limits, and speed
CoinRabbit allows the higher maximum LTV (90% vs 50%), so you can borrow more per Bitcoin, at the cost of a thinner buffer before a margin call if the price falls. Minimums differ: $100 at CoinRabbit versus $10,000 at Strike.
Track record and availability
Strike has the longer history, operating since 2017 versus 2020.
Strengths and trade-offs
CoinRabbit
- $100 minimum loan
- ~10 minute funding
- 350+ collateral assets supported
- Available globally
- $1.45B+ originated
- Specific qualified custodian not publicly disclosed
- No state-by-state US breakdown available
- Non-rehypothecation is claimed but not third-party verifiable
Strike
- No origination fee
- Proof-of-reserves for collateral
- $2.1B credit facility with Tether (2026)
- Volatility-proof loan structure (announced 2026)
- Bitcoin-only
- Collateral held by Strike or capital partners, not a named third-party qualified custodian
- Limited consumer state coverage (21 states as of March 2026)
- Lending product launched 2024
About each lender
CoinRabbit
Operating since November 2020. $1.45B+ originated. Low $100 minimum loan, ~10 minute funding, 350+ collateral assets supported. Specific qualified custodian not disclosed publicly.
Strike
Bitcoin-only loans with no origination fee. Collateral held by Strike or capital partners in segregated wallets, no named third-party qualified custodian. Proof-of-reserves published. $2.1B credit facility with Tether.
Frequently asked
Is CoinRabbit or Strike cheaper?
On a $100,000 loan at 50% LTV, Strike is cheaper, with an all-in effective APR of about 11.02% versus 16.8%.
Which has lower custody risk, CoinRabbit or Strike?
CoinRabbit uses lender-held and Strike uses lender-held. Neither rehypothecates pledged collateral.
Can I borrow more with CoinRabbit or Strike?
CoinRabbit allows the higher maximum LTV (90% versus 50%), so you can borrow more per Bitcoin pledged. The trade-off is a thinner buffer before a margin call if Bitcoin's price drops.
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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.