a. On the “Loan” page of the App, enter the currency and the amount you wish to borrow. Press “I want to collateralize” and the collateral amount will be automatically calculated for your Loan.
b. If you change the collateral type or tenor, interest rate upon maturity, daily interest, total interest, and estimated repayment will be recalculated and displayed on the bottom (if the Loan is open-term, the total interest and estimated repayment will be empty).
c. If you use coupons, deductions will be applied to the total interest. For open-term Loans, a discounted daily interest will be displayed).
d. Click on [Start Borrowing] to enter the “Confirm Loan” page. Check the agreement box and click [Confirm] after confirming the details of your Loan.
e. A “Successful” popup window will appear if the Loan order goes through. You can press [Loan orders] to view the details, or press [To Loan] to go back to the Loan page. You can also press [To Wallet] to go to the Wallet page.