Recommended for bull marketsStablecoin Borrowing Strategy
Important Information About the Coin Lending Service
Eligibility Requirements
Coin Lending is available only to individual members who have completed identity verification (KYC) and are eligible to use credit services in their country of residence.
Users must meet the following minimum requirements: at least 10 digital asset trades in the past year, holdings worth at least 5,000 USDT, and completion of the eligibility assessment, including mandatory training and a test.
Assets Available for Borrowing
The minimum borrowing amount is 10 USDT.
You may borrow up to 85% of the collateral value, subject to your assigned level-based limit, which is capped at 1,000,000 USDT.
The requested borrowing quantity may differ from the final confirmed quantity, which is determined based on the market price when the application is completed.
You can check the assets available for borrowing and the applicable level-based limits on the application page.
The types and quantities of assets available for borrowing may change in real time or be restricted depending on operational conditions.
Pledging Collateral
The minimum collateral amount is 20 USDT.
You may pledge multiple assets as collateral, including USDT, BTC, ETH, XRP and SOL.
To ensure prudent valuation, different collateral factors apply by asset type (USDT and other stablecoins: 95%, other assets: 90%).
An asset of the same type as the borrowed asset cannot be pledged as collateral.
Pledged collateral cannot be traded or withdrawn until repayment is completed.
Pledge Agreement
A pledge agreement will be entered into when you apply to borrow.
Repayment
You may make a partial or full repayment at any time during the borrowing period using the same type of asset as the borrowed asset.
If you do not hold enough of the borrowed asset, you may make full repayment using your pledged collateral.
For collateral repayment or forced repayment, pledged collateral is sold, and the USDT proceeds are used to purchase the borrowed asset for settlement.
Depending on market conditions, orders may be split, and an order may be partially filled or remain entirely unfilled due to insufficient liquidity, sharp price movements, trading suspensions, or other reasons.
If market warning measures are in effect, trading is suspended, or similar circumstances arise, settlement may be completed through a direct deduction from pledged collateral.
When pledged collateral is deducted directly for settlement, the current market price at the time of deduction (execution price) is applied.
Fees
Service fees and repayment fees are not deducted separately during the borrowing period and are settled at the time of final repayment.
Service fee: 0.05% of the borrowed quantity is charged per day.
Repayment Fees
A forced repayment fee of 1% is charged based on the borrowed quantity at the time of forced repayment.
A collateral repayment fee of 1% of the borrowed quantity is charged when repayment is made directly using pledged collateral.
* When pledged collateral is sold and the borrowed asset is purchased to process forced repayment or collateral repayment, a trading fee rate of 0.05% applies to the executed amount of each order.
For direct repayment, fees are deducted from pledged collateral. If multiple assets are pledged as collateral, deductions are made according to the applicable asset priority order.
For collateral repayment or forced repayment, fees may be settled using the purchased asset or deducted from pledged collateral, depending on the repayment outcome.
Fees are calculated using the current market price at the time of repayment (execution price).
Forced Repayment Risk Notice
The risk of forced repayment may increase if the market price of pledged collateral drops sharply or the market price of the borrowed asset rises rapidly.
Forced repayment is triggered when the lending ratio (borrowed asset value ÷ pledged collateral value) reaches 95% or when the maximum 30-day borrowing period expires.
Whether the lending ratio has reached 95% is determined using the evaluation price, which is based on an exponential moving average (EMA), to reduce the impact of temporary sharp price movements.
If the entire borrowed quantity cannot be recovered even after all pledged collateral has been used for settlement due to sharp price movements or other reasons, you may be required to repay the shortfall or pay its equivalent amount in USDT.
Advance warning notifications are sent via email, app push notifications, and other channels each time the lending ratio reaches 88%, 90%, or 92%.
Please note that the risk of forced repayment may increase due to sharp price movements when digital asset trading resumes after maintenance.
Investment Risk Disclosure
Before applying for Coin Lending, please review the Terms of Service and the service guide.
Before trading a digital asset, please review its white paper, project overview, and other explanatory materials.
Digital assets are high-risk products. Sharp price movements may result in the forced disposal of pledged collateral and the loss of some or all of your investment.
The responsibility for investment decisions and any resulting losses lies solely with the investor.
