Learn About the Lending Service

Target audience: ✓ Individual members | ✕ Corporate member

1. Before using coin borrowing
   ▸ Complete required training
   ▸ Find out your limits
2. How to use coin borrowing
   ▸ Apply
   ▸ Additional application methods
3. Collateral asset deposit function
   ▸ Deposit
4. repay
   ▸ Forced repayment (liquidation)
5. Check coin borrowing application details
   ▸ Usage history
   ▸ Check previous history
   ▸ Check reverse trading details
   ▸ Check details before reorganization

Coin borrowing service is a service that lends digital assets using the assets you own as collateral.
Rented digital assets can be traded and withdrawn, and partial or full repayment is possible at any time.

• PC Web: More services - Coin borrowing
• Mobile App: Upbit App - More - Coin Borrowing

1. Before using coin borrowing

Completion of required training

Before using the Upbit coin borrowing service, you must take DAXA training and complete the qualification test to use the service.
*Even if you complete the training, if you do not meet the level achievement conditions, use of the service will be restricted.

Find out my limits

After completing the required training, qualifications are verified. My borrowing limitCheck it out.

• You can check the maximum coin borrowing limit.
• In accordance with Article 9 of the Credit Extension Guidelines for Virtual Asset Businesses, the lending limit may vary depending on the conditions.
• If you meet certain conditions, you can use up to 1 billion USDT.
• Detailed conditions for each limit section are as follows: My borrowing limit > View details > Maximum limit information You can check it on the page.
   

2. How to use coin borrowing

Apply

• You can apply for various rental assets provided by [More > Coin Borrow] within the Upbit app, one at a time, regardless of type.
• You can set USDT and digital assets held in your Upbit account as collateral assets.
• You can borrow an amount equivalent to up to 85% of collateral assets, and the percentage recognized in the lending ratio calculation may vary depending on the collateral recognition ratio.
  > What is the collateral recognition ratio? 
• After selecting the collateral to entrust and entering the amount to be borrowed, application information (lending ratio, usage period, usage fee)*), please check.
  *The usage fee is calculated daily based on the maximum daily rental quantity and is collected in a lump sum at the time of full repayment.
• When applying for a new or additional loan, a pledge contract is concluded regardless of the application amount.
• After confirming all details, please complete the application with simple authentication (biometric authentication or PIN).
• You can freely invest with the amount borrowed through coin borrowing.

Additional application methods

• You can apply for an additional lending ratio of up to 85% of the existing collateral assets.
  *If the lending ratio reaches 95%, you may be forced to repay, so please be careful when applying for additional loans.

3. Collateral asset deposit function

deposit

• High lending ratios can be lowered by depositing collateral assets. However, after depositing additional collateral assets in accordance with the virtual asset business credit extension guidelines, additional lending is not possible regardless of the lending ratio.
• Deposited collateral assets cannot be used for trading or withdrawal until full repayment.

4. Repay

• About the quantity in use Full or partial repayment possibleI do.
• If you wish to make a partial repayment, you can do so by entering the quantity of digital assets you own.
• If the current holding quantity is less than the borrowed quantity, you can repay by purchasing additional digital assets, or repay in full with the currently set collateral assets.

Forced repayment (liquidation)

• If the lending ratio exceeds 95%, forced repayment will occur, so please lower the lending ratio by depositing additional collateral assets.

5. Check coin borrowing application details

History of use

• The details of the coin borrowing you are using will be moved to detailed information when you select '>' on the right.
• In the details, you can check basic information such as collateral assets, borrowed quantity, estimated fees, maturity date, etc., as well as collateral asset deposit and partial repayment details.
• In addition, the loan agreement and pledge agreement of the coin borrowing application applied for*You can also check.

Check previous history

• You can check your previously applied coin borrowing details through the path below.
  1. If there is no application history: Coin Borrowing Home ‘Borrowing details’
  2. If there is an application history: Coin Borrowing Home ‘Repayment completed’ tab  
• Search periods of 1 week, 1 month, 3 months, and 6 months are provided, if you wish to search for a specific application date. ‘Direct input’You can search through .

Check reverse sale details

• You can check coin borrowing details > Forced repayment > Opposite trade (buy/sell) > Detailed transaction details.
• In the detailed execution history, you can check the order quantity, execution quantity, excluded quantity, and average execution price for each round of counter-trade orders.
  *TWAP and reverse trade transaction details are not displayed in the general transaction history and can only be checked in the details within the coin borrowing service.

Check details before reorganization

• Coin Borrowing Reorganization 2026.04.09 Previous details are at the bottom of the service main screen. ‘Borrowing History > History before 2026.04.09’You can check it here.
• Search periods of 1 week, 1 month, 3 months, and 6 months are provided, if you wish to search for a specific application date. ‘Direct input’You can search through .