Satoshi Loan and Pawn — Terms of Service

These Terms of Service ("Terms") constitute a legally binding agreement between you ("User," "Borrower," or "you") and Satoshi Loan & Pawn LLC ("Company," "we," "us," or "our"), governing your access to and use of the website located at satoshiloanandpawn.com and all related services (collectively, the "Platform").

By creating an account, submitting a loan application, or otherwise accessing the Platform, you acknowledge that you have read, understood, and agree to be bound by these Terms and our Compliance & Legal policy. If you do not agree, you must not use the Platform.

These Terms apply in addition to any individual loan agreement you execute with us. In the event of a conflict, the terms of your signed loan agreement govern with respect to that specific loan.

Satoshi Loan & Pawn provides asset-backed lending services, accepting Bitcoin (BTC), gold, silver, and other approved personal property as collateral for short-term loans. Our services include:

• Online loan applications and digital loan agreements
• Bitcoin collateral custody and deposit address generation
• Loan estimation and calculator tools
• Customer dashboard for account and loan management
• Email notifications and PDF loan agreement delivery

We reserve the right to modify, suspend, or discontinue any aspect of the Platform at any time with reasonable notice. We are not liable for any modification, suspension, or discontinuation of services.

To use our services you must:

• Be at least 18 years of age
• Be a U.S. person (citizen, permanent resident, or lawfully present individual)
• Reside in a state where our services are legally permitted
• Provide accurate, current, and complete identity and financial information
• Not be listed on any OFAC Specially Designated Nationals (SDN) list or subject to U.S. sanctions
• Not have been previously banned from our Platform for violations of these Terms

We reserve the right to decline any application at our sole discretion and are not required to provide a reason for denial.

You must create an account to apply for a loan. You agree to provide accurate and complete registration information and to keep it current. You are responsible for maintaining the confidentiality of your login credentials and for all activity that occurs under your account.

You must enable multi-factor authentication (MFA) when prompted. We strongly recommend using an authenticator app (TOTP). You agree to notify us immediately at sales@satoshiloanandpawn.com if you suspect unauthorized access to your account.

We reserve the right to suspend or terminate accounts that violate these Terms, provide false information, or engage in prohibited activity.

All loan terms — including principal amount, interest rate, origination fee, loan-to-value (LTV) ratio, repayment schedule, and maturity date — are disclosed in your individual loan agreement prior to signing. No loan is binding until you provide your electronic signature.

Collateral: You represent and warrant that you are the sole legal owner of any collateral you pledge, that it is free of liens or encumbrances, and that you have the legal right to pledge it. Pledging collateral you do not own or that is subject to a prior security interest is a material breach of these Terms and may constitute fraud.

Loan-to-Value: Maximum LTV is 70% of the appraised or market value of your collateral at the time of origination. LTV limits may be adjusted at our discretion based on market conditions.

Repayment: Loans must be repaid in full, including all accrued interest and fees, by the maturity date stated in your loan agreement. Early repayment is permitted at any time without penalty.

Our standard rate structure is as follows. Rates applicable to your specific loan are disclosed in your loan agreement and may differ based on collateral type, loan amount, and term.

Representative APR is disclosed in your loan agreement. APR calculations include the origination fee and monthly interest rate. Actual APR may vary. We are not a bank and loans are not subject to federal usury limits; Michigan state law governs applicable rate limits.

When you pledge Bitcoin as collateral, you will be assigned a unique, one-time BTC deposit address. You must transfer the exact amount of BTC specified in your loan agreement to that address within 24 hours of signing. Failure to do so will void the loan offer.

Custody: Pledged BTC is held in custody by Satoshi Loan & Pawn for the duration of the loan term. We do not rehypothecate, lend, or otherwise encumber your collateral during the loan term.

Volatility Risk: Bitcoin is a highly volatile asset. If the market value of your BTC collateral falls below a maintenance LTV threshold (currently 85% of the origination LTV), we will issue a margin call. You will have 48 hours to either (a) deposit additional BTC to restore the LTV ratio or (b) make a partial principal repayment. Failure to respond to a margin call may result in liquidation of collateral.

Return of Collateral: Upon full repayment of your loan, your BTC collateral will be returned to a wallet address you designate within 1–3 business days. We are not responsible for losses arising from you providing an incorrect wallet address.

Network Fees: You are responsible for all blockchain network (gas/miner) fees associated with depositing and receiving BTC collateral.

You are in default if you: (a) fail to repay the loan in full by the maturity date; (b) fail to respond to a margin call within the prescribed period; (c) provide materially false information in your application; or (d) breach any other material term of your loan agreement.

Upon default, we will provide written notice to your registered email address. You will have a cure period of 10 calendar days to remedy the default. If the default is not cured, we may liquidate your collateral to satisfy the outstanding loan balance, accrued interest, fees, and reasonable liquidation costs.

Any surplus proceeds from liquidation above the outstanding balance will be returned to you within 30 days. You remain liable for any deficiency if liquidation proceeds are insufficient to cover the full outstanding balance.

Forfeiture of collateral does not relieve you of any deficiency balance owed. We reserve the right to pursue collection of deficiency balances through lawful means.

You agree not to use the Platform to:

• Launder money, finance terrorism, or engage in any activity that violates the Bank Secrecy Act or applicable AML laws
• Structure transactions to evade reporting thresholds (structuring is a federal crime under 31 U.S.C. § 5324)
• Pledge stolen, fraudulently obtained, or encumbered collateral
• Provide false or misleading identity, financial, or collateral information
• Attempt to gain unauthorized access to any account, system, or data
• Scrape, crawl, or harvest data from the Platform without written permission
• Violate any applicable local, state, federal, or international law or regulation

Violation of this section may result in immediate account termination, reporting to law enforcement, and civil or criminal liability.

All content on the Platform — including text, graphics, logos, software, and the "Satoshi Loan & Pawn" name and mark — is the exclusive property of Satoshi Loan & Pawn LLC or its licensors and is protected by U.S. and international intellectual property laws.

We grant you a limited, non-exclusive, non-transferable, revocable license to access and use the Platform solely for your personal, non-commercial use in connection with our services. You may not reproduce, distribute, modify, create derivative works of, or commercially exploit any content without our prior written consent.

THE PLATFORM AND ALL SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT.

WE DO NOT WARRANT THAT THE PLATFORM WILL BE UNINTERRUPTED, ERROR-FREE, OR FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. WE ARE NOT RESPONSIBLE FOR THE ACCURACY OF SPOT PRICE DATA DISPLAYED ON THE PLATFORM; SUCH DATA IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND MAY NOT REFLECT REAL-TIME MARKET CONDITIONS.

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, OUR TOTAL LIABILITY TO YOU FOR ANY CLAIM ARISING OUT OF OR RELATING TO THESE TERMS OR OUR SERVICES SHALL NOT EXCEED THE GREATER OF (A) THE TOTAL FEES PAID BY YOU TO US IN THE 12 MONTHS PRECEDING THE CLAIM OR (B) $500. WE SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES.

Some jurisdictions do not allow the exclusion of certain warranties or limitation of liability; in such jurisdictions our liability is limited to the fullest extent permitted by law.

You agree to indemnify, defend, and hold harmless Satoshi Loan & Pawn LLC and its officers, directors, employees, agents, and licensors from and against any claims, liabilities, damages, judgments, awards, losses, costs, expenses, or fees (including reasonable attorneys' fees) arising out of or relating to: (a) your violation of these Terms; (b) your use of the Platform; (c) your provision of false or misleading information; (d) your infringement of any third-party right; or (e) any loan transaction you enter into through the Platform.

Informal Resolution: Before initiating any formal dispute, you agree to contact us at sales@satoshiloanandpawn.com and attempt to resolve the dispute informally for at least 30 days.

Binding Arbitration: If informal resolution fails, any dispute, claim, or controversy arising out of or relating to these Terms or our services shall be resolved by binding individual arbitration administered by the American Arbitration Association (AAA) under its Consumer Arbitration Rules. Arbitration shall take place in Wayne County, Michigan, or via videoconference at your election.

Class Action Waiver: YOU AND SATOSHI LOAN & PAWN EACH WAIVE THE RIGHT TO A JURY TRIAL AND TO PARTICIPATE IN A CLASS ACTION, CLASS ARBITRATION, OR REPRESENTATIVE PROCEEDING.

Exceptions: Either party may seek emergency injunctive or other equitable relief in a court of competent jurisdiction to prevent irreparable harm pending arbitration.

These Terms and any dispute arising hereunder shall be governed by and construed in accordance with the laws of the State of Michigan, without regard to its conflict of law principles. To the extent any dispute is not subject to arbitration, you consent to the exclusive jurisdiction of the state and federal courts located in Wayne County, Michigan.

We may update these Terms from time to time. When we do, we will revise the "Last updated" date at the top of this page and, for material changes, send notice to your registered email address at least 14 days before the changes take effect.

Your continued use of the Platform after the effective date of any changes constitutes your acceptance of the revised Terms. If you do not agree to the revised Terms, you must stop using the Platform and contact us to close your account.

For questions about these Terms, please contact us:

For compliance-related inquiries, please also see our Compliance & Legal page.