Your Complete Guide to Getting a Crypto Loan

Crypto loans represent a powerful financial tool that lets you access liquidity without parting with your digital assets. Whether you need immediate cash for investment opportunities or operational expenses, borrowing against your cryptocurrency holdings—whether through flexible or fixed terms—allows you to maintain your long-term positions while meeting short-term financial requirements. This guide walks you through every step of the process, from your initial borrow request through collateral management and repayment strategies.

Understanding Crypto Loans Basics

Asset-backed borrowing through crypto loans operates on a straightforward principle: your holdings serve as security for the funds you receive. The platform offers two primary borrowing structures to match different financial preferences.

Flexible rate loans adjust daily based on market conditions, giving you pricing flexibility but variable costs. Fixed rate loans lock in your borrowing cost from day one, providing predictability for budget planning. Both options feature market-competitive rates, and VIP account holders can access elevated borrowing limits.

A critical metric you’ll encounter is LTV (Loan-to-Value ratio), which measures borrowed assets relative to your collateral value. The system maintains an Initial LTV at 80%, meaning your total borrowed amount and accrued interest cannot exceed 80% of your collateral’s market value. Falling below this threshold protects you from forced liquidation.

How to Initiate Your Crypto Loan Borrow Request

Starting your application:

Access the Crypto Loans section through your account’s Finance menu. Under the product listings, you’ll discover available assets to borrow along with their corresponding terms and interest rates. Select your target asset to proceed.

For flexible rate borrowing:

The system will prompt you to specify your desired loan amount, with a “Max” option showing your borrowing capacity based on collateral availability. VIP members can expand this limit through the VIP Benefit toggle. The interface automatically calculates your resulting LTV, hourly costs, and daily interest estimates as you adjust parameters. A recommendation banner displays current market-optimal rates across all duration options.

For fixed rate borrowing:

You’ll lock in specific terms upfront: the exact loan amount, duration selection, expected interest rate, and preferred repayment method. Options include Auto-Repay (automatically converts your account balance to settle on maturity) or Convert to Flexible Rate (transitions your loan to adjustable pricing at renewal). Again, collateral selection and VIP benefit application are available.

Upon confirming your request, matched borrow orders trigger immediate settlement: you receive your borrowed assets minus upfront interest charges directly to your Funding Account. Loans can be repaid ahead of schedule at any time, though prepaid interest charges are non-refundable.

Critical terms:

Should your loan reach maturity without repayment, a penalty equal to triple the regular interest rate automatically accrues hourly. Extended non-payment triggers forced liquidation of your collateral with an additional 2% liquidation fee applied to your loan balance. Note that multi-source matching means complex loans may carry multiple separate settlement dates and interest schedules.

Tracking Your Active Crypto Loan Positions

Your Crypto Loans dashboard provides real-time visibility into your borrowing activity and collateral status:

• Total Debt section: Displays all borrowed assets across your flexible and fixed rate positions, showing current floating values for variable-rate loans and locked values for fixed arrangements

• Funding segment: Shows orders currently matching but not yet fully activated, remaining live until completion

• Borrowing component: Lists all confirmed active loan positions with complete transaction details

• Collateral view: Inventories all held collateral assets, their quantities, and current USD valuations

Navigate to your detailed Loan Order history to review comprehensive records across all product types. Filter by specific assets or date ranges to locate particular transactions. The system separates Fixed Rate and Flexible Rate positions for clarity.

Strategies for Repaying Your Crypto Loan

Initiating repayment:

From your dashboard, identify the loan requiring repayment and select the Repay option. Alternatively, access the Orders page directly to trigger repayment there.

Managing multiple positions:

If you carry both flexible and fixed rate obligations, the All section lets you repay across both simultaneously. The system automatically prioritizes Flexible Rate Loan settlement before Fixed Rate Loan payoff. You may select multiple collateral types for the repayment transaction.

Key repayment mechanics:

Partial repayment is permitted across both loan types. For flexible arrangements, interest accrues based on actual borrowing duration with any sub-hourly period rounded to a full hour. Fixed rate loans charge interest upfront when confirmed—early repayment doesn’t refund accrued charges.

If you’ve enabled Auto-Repay for fixed rate loans, your Funding Account automatically settles obligations on the due date, protecting you from penalty charges. Confirm adequate account balance to prevent payment failures. When processing repayments, the system first applies payment toward interest, then your principal balance.

Operational limits:

Single repayments are capped at $300,000 USD equivalent to manage market impact from large asset conversions. Fees apply if collateral coins fund the repayment, charged at the higher of the collateral asset’s rate or the borrowed asset’s rate.

Optional: Repayment reminders

Enable “repayment due” notifications from your dashboard settings. Specify how many days before maturity you wish to receive alerts, and the system displays expiring loans prominently.

Renewing and Adjusting Your Crypto Loan Collateral

Extending your loan term:

The Renew function activates for paid-off orders with balances exceeding zero, provided more than 6 hours remain before the original due date. Each loan contract permits up to 5 renewal cycles.

From your dashboard, locate your target loan and select Renew. The system fixes your loan amount (no adjustment possible) and recalculates LTV and new maturity dates based on fresh collateral designations. Confirm renewal to activate the extended term. Access detailed renewal records and breakdowns through your Fixed-Rate Loan history.

Modifying collateral amounts:

To increase collateral: Navigate to your Collateral settings and select Adjust or Add Collateral. Specify your deposit amount—the “Max” button applies your entire available Funding Account balance. Additional collateral reduces your LTV, lowering liquidation risk and potentially improving your borrowing terms.

To reduce collateral: Select the Reduce Collateral tab and specify withdrawal quantity. The “Max” option removes the maximum permissible amount that maintains your LTV at its initial threshold (typically 80%). Collateral withdrawal is only available when your current LTV sits below the Initial LTV level.

After confirming details, submit your adjustment request. The system processes collateral changes immediately, updating your liquidation risk profile and available borrowing capacity accordingly.

Understanding these mechanics enables you to strategically manage your positions, optimize your collateral efficiency, and navigate the full lifecycle of your crypto loan from initiation through renewal. Whether building short-term liquidity or executing long-term holding strategies, crypto loans provide the flexibility needed to maintain your digital asset positions while accessing immediate capital.