---
title: "Bitmonie: Bitcoin-Backed Naira Loans in Nigeria"
description: "Borrow ₦50k–₦10m in Nigeria using BTC as collateral (60% LTV). 0.3% daily interest, repay in NGN/BTC/USDT, payout in <60s."
canonical_url: "https://liners.com/bitmonie"
markdown_url: "https://liners.com/bitmonie.md"
type: "product"
language: "en"
image: "https://assets.liners.com/storage/v1/object/public/media/tools/bitmonie/screenshot.webp?v=1789391318769"
published_at: "2026-09-14T16:28:01.914Z"
updated_at: "2026-09-15T10:08:35.738Z"
---

# Bitmonie: Bitcoin-Backed Naira Loans in Nigeria

Borrow ₦50k–₦10m in Nigeria using BTC as collateral (60% LTV). 0.3% daily interest, repay in NGN/BTC/USDT, payout in &lt;60s.

## Breadcrumbs

- [Crypto & Web3](/categories/crypto-web3)
- [Bitmonie](/bitmonie)

## Summary

Borrow Naira against Bitcoin without selling it

A bitcoin-backed lending service for Nigerians to borrow Naira using BTC as collateral, with 0.3% daily interest, fast bank disbursement, and flexible repayment.

## Product details

| Field | Value |
| --- | --- |
| Website | https://bitmonie.co/ |
| Tagline | Borrow Naira against Bitcoin without selling it |
| Primary country | Nigeria |
| Platforms | Web |
| Average rating |  |
| Published reviews | 0 |
| Verified listing | No |

## About the product

Bitmonie is a bitcoin-backed lending web app for individuals in Nigeria who want to borrow Naira using Bitcoin as collateral instead of selling their BTC.

Key capabilities include:
- **Collateral-backed Naira loans** from **₦50,000 to ₦10,000,000** (the site also highlights borrowing up to **₦1 million**) with a **60% loan-to-value (LTV)** ratio.
- **Fast, fully digital borrowing**, including identity verification, bank account details, and sending collateral via the **Lightning Network**, with Naira paid to a bank account after collateral confirmation (the site cites an average of **under 60 seconds**).
- **Daily interest pricing** at **0.3% per day**, charged only for the exact number of days the loan is outstanding, with **no penalties for early repayment**.
- **Flexible repayment options** in **Naira, Bitcoin, or USDT**, followed by **automatic collateral release** and return of any surplus satoshis.

Available on **Web** (mobile-first web app) via **web.bitmonie.co**.

It targets **individual Bitcoin holders in Nigeria** who need short-term Naira liquidity and prefer not to sell their Bitcoin.

In the Nigerian market, it is notable for positioning itself as a lending service rather than an exchange, and for emphasizing collateral controls such as **cold storage**, **multi-signature protection**, and **100% reserves**. The loan service is offered by **Monierate Digital LTD**, described on the site as a **licensed money lender in Nigeria**.

## Features

- [Crypto & Web3](/categories/crypto-web3): Category
- [B2C](/tags/b2c): Product feature or technology
- [Lending and Loans](/tags/lending): Product feature or technology
- [Stablecoins](/tags/stablecoins): Product feature or technology
- [Nigeria](/countries/nigeria): Market

## Related pages

- [Alternatives](/bitmonie/alternatives)
- [Reviews](/bitmonie/reviews)
- [Transparency](/bitmonie/transparency)

## Access and citation

- [Canonical HTML page](https://liners.com/bitmonie)
- [Markdown route index](/sitemap.md)
- [Agent access guide](/llms.txt)