We will only sell your deposited bitcoin to bring your loan-to-value ratio down to the agreed upon ratio or pay off your outstanding balance in the event of default. A 2% liquidation fee applies with a full liquidation. We do not charge a liquidation fee for partial liquidations.
We will try to notify you if the loan-to-value ratio on your Aven Bitcoin Visa Card reaches a warning level or other threshold so that you can deposit more bitcoin or make a payment to avoid liquidation of your deposited bitcoin.
Liquidation may occur without notice because of the volatile nature of bitcoin and other digital assets.
Initial borrowing tier | Warning | Balance locked | Margin call (72 hours) | Wipeout (immediate) |
| 30% | 50% LTV | 70% LTV | 80% LTV (to bring down to 30%) | 85% LTV |
| 50% | 60% LTV | 70% LTV | 80% LTV (to bring down to 30%) | 85% LTV |
| 70% | — | 70% LTV | 80% LTV (to bring down to 70%) | 85% LTV |
We do not sell, lend out, repledge, or rehypothecate your deposited bitcoin.