To use the coin borrowing service, you need to set collateral assets and borrow quantity.
1. What is a collateral asset?
- Collateral assets refer to assets entrusted to borrow digital assets in the coin borrowing service, and can be applied for from a minimum of 20,000 USDT to a maximum of 2 billion USDT (based on the assessed price at the time of application).
*Digital assets being borrowed cannot be deposited as collateral.
2. What is the quantity to borrow (request)?
- You can apply for the amount you wish to borrow, up to 85% of the recognized collateral amount.
- The amount you can borrow varies depending on your level.
> Click here to see the coin borrowing level detailed information table
* Example: If the collateral recognition amount is 100,000 USDT, you can borrow up to the amount of digital assets equivalent to 85,000 USDT.
The assessed price at the time of application completion is reflected and a digital asset quantity of 85,000 USDT is paid.
> What is the collateral recognition amount?