The Aven Bitcoin Visa Card has no annual fee and no origination fee unlike many bitcoin-backed loans. There is a 1% draw fee for cash outs and balance transfers.
You are responsible for any transaction fees required to deposit or withdraw bitcoin. Aven does not charge these fees.
The Aven Bitcoin Visa Card has fees for authorized users, balance transfers, and late payments like other credit cards.
A liquidation fee is charged if your loan-to-value ratio is too high and a full liquidation is required. We do not charge a liquidation fee for partial liquidations.
You may be subject to taxes due to the sale of your bitcoin if we need to liquidate your account because you do not maintain your loan-to-value ratio, have a past-due balance, or default on your account. Consult a tax or financial advisor to learn more about any tax consequences.