Lava: Bitcoin Finance

Lava: Bitcoin Finance

Borrow, earn & spend globally

181 ratings
69 reviews
Free

Details

Released
April 29, 2024
Updated
October 28, 2026

Features

Lava: Bitcoin Finance video #1 for iPhone
Lava: Bitcoin Finance screenshot #2 for iPhone
Lava: Bitcoin Finance screenshot #3 for iPhone
Lava: Bitcoin Finance screenshot #4 for iPhone
Lava: Bitcoin Finance screenshot #5 for iPhone
Lava: Bitcoin Finance screenshot #6 for iPhone
Lava: Bitcoin Finance screenshot #7 for iPhone
Lava: Bitcoin Finance screenshot #8 for iPhone
Lava: Bitcoin Finance screenshot #9 for iPhone
Lava: Bitcoin Finance screenshot #10 for iPhone
Lava: Bitcoin Finance screenshot #11 for iPhone
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About

Manage your bitcoin finances with a platform that lets you spend globally, borrow dollars against your bitcoin, earn yield on USD, and buy/sell BTC. Enjoy features like a Visa card with bitcoin rewards and a line of credit without selling your crypto.

✓Spend globally with Lava Card
✓Earn bitcoin back on purchases
✓Borrow dollars against bitcoin
✓Earn yield on USD balances
✓Buy and sell bitcoin with zero fees
✓Global money transfers with stablecoins
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What users say about Lava

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+2

What's New in Lava

3.28.0

October 28, 2026

The financial platform for bitcoin. Spend globally with Lava Card while earning bitcoin back, borrow against your bitcoin, earn on dollars, and buy or sell bitcoin.

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User reviews

LAVA LOCKED ME OUT OF $9,000 IN BITCOIN

I am beyond infuriated!!! I have been such a huge advocate for Lava for almost a year. I loved the ease of being able to post my Bitcoin as collateral and quickly being able to receive funds; funds which I used to facilitate a huge long distance move for me and my family. Since then, I have been managing/viewing my loan. Last evening, I felt like it was important for me to inquire with Lava’s “Concierge” support staff, so I made an inquiry informing them that as a result of so many company backings lately, I wanted to see what the process would be to potentially change my login information (to protect myself). TELL ME WHY Lava’s Concierge emails me back saying that “out of precaution” they are suspending my access to the platform!!! And their support staff takes so long to respond, I basically have $9,000 worth of Bitcoin in LIMBO! I demand an answer and resolution for this overstep of security.
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已经跑路了

已经跑路了

Lava is a Scam

Lava is not reliable. They allowed me to deposit money into my account, but I haven't been able to withdraw it. They told me my account had been flagged and was under review for over two months, even though I was never notified before depositing money that my account had been flagged. I've contacted support several times, but they keep telling me the review is ongoing. They often reply very late, and sometimes they don't respond at all. I was also logged out of my account and stopped receiving the verification code needed to log back in. Based on my experience, I would not recommend using Lava.
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How terrible

What they hide: there are blocks and barriers at every single step and in every conceivable way. This must be how the founder Shehzan Maredia likes to mess with us. BTC loans are not 5% but 7%/year. They hide the other 2% and call it a “fee”. Nobody cares what it’s called, we care what the total cost is. There are blocks to withdraw BTC, withdraw USD ($20 min), card cash back is locked until their arbitrary minimum is reached for no reason. Stupidity in this app and anti-consumerism are rampant.
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ui挺好

整体ui做得挺好,功能也是所需的,不错!

User experience

🐞

Reported Bugs

6 issues

Funds stuck after wrong-token deposit

Bug

App won't open after update

Bug

Login screen freezes

Bug

Wallet balance vanished after update

Bug

Cannot repay loan at any time

Bug

Slow access to dollars after collateral posted

Bug
✨

Requested Features

7 requests

Transparent recovery process for deposit mistakes

Feature

Escalate support cases immediately

Feature

Written update regarding recovery/credit/refund options

Feature

Lower fees

Feature

More crypto support in future updates

Feature

Dark mode option

Feature

Advanced analytics dashboard

Feature

FAQ

What is Lava's Bitcoin Line of Credit (BLOC)?

Lava's BLOC allows you to borrow dollars using your bitcoin as collateral without selling it. It offers fixed rates starting at 6.5%, no monthly payments, and open-ended terms, with no credit checks or traditional loan paperwork required.

How does the Lava Card work?

The Lava Card functions wherever Visa is accepted. You can fund it with dollars or stablecoins and earn bitcoin back on every purchase, including up to 5% back with select merchants. It has no annual or foreign exchange fees.

Can I earn interest on my USD with Lava?

Yes, you can earn yield on your USD balance without locking up your money. Your dollars are used to fund over-collateralized bitcoin-backed loans, providing a way to generate returns.

Is Lava secure for my bitcoin?

Lava holds bitcoin collateral in segregated cold-storage addresses and never rehypothecates it. USD reserves are backed 1:1. The platform has been audited by independent security experts and is backed by notable venture capital firms.

How do I buy and sell Bitcoin on Lava?

You can buy and sell bitcoin directly within the Lava app with zero fees. When you need to convert to dollars, you can off-ramp directly to your bank account.

What devices does Lava support?

Lava is currently supported on iPhone devices.

How often is Lava updated?

Lava was last updated on October 28, 2026, with version 3.28.0. This indicates a recent update and ongoing development.

Does Lava have ads?

No, Lava does not contain advertisements. The app is free to download and use without ad interruptions.