How to Get Started with Debifi
is a non-custodial lending platform where you can borrow against your bitcoin without selling it. Your bitcoin stays secure in a multisig escrow while you get instant liquidity.
Here's how it works, and how to get your first loan.
How It Works
When you take out a loan, your bitcoin goes into a 3-of-4 multisig escrow. This means no single party controls your collateral—it's locked specifically for your loan and can only be released when you repay or if there's a default.
The Debifi app handles everything: signing transactions, managing the escrow, and coordinating loan repayment. When you repay the loan, you get your bitcoin back.
Getting Started: 6 Steps
Step 1: Download the App
Head to debifi.com/app and download the Android app. Create an account with your email, then set up a strong PIN and enable Two-Factor Authentication (2FA).
Step 2: Back Up Your Seed Phrase
Write down your 12-word seed phrase on paper and store it somewhere safe. This is the only way to recover your account if something goes wrong. Don't skip this step.
Step 3: Link Your Device
Use your 2FA code to link the app to your account. This connects your phone to Debifi's web platform so you can browse loans and manage your account.
Step 4: Browse Loan Offers
Go to https://debifi.com/offers and check out available loans. You'll see different terms, rates, and amounts from institutional lenders.
Step 5: Sign the Loan
Found a loan you want? Open the app and sign the contract. The app will generate your public keys and set up the multisig escrow for your collateral.
Step 6: Deposit and Get Paid
Send your bitcoin to the multisig escrow address. Once the deposit confirms, the lender sends your loan funds to your chosen address. Done.
That's it. Debifi lets you put your bitcoin to work without giving it up. If you've been sitting on bitcoin but need cash, this is one way to have both.
Download the app at debifi.com/app to get started.