Flexible Crypto Loan Guide

Announcements Flexible Crypto Loan Guide

2023-07-18 10:20:11 UTC 33399 Read

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Crypto loan is to use one crypto as collateral to borrow another.
## Crypto Loan User Guide (Web version)
### 1. Log in to your Gate.io account, and click "Finance"——"Crypto Loan".
![](https://gimg2.gateimg.com/image/article/1689674981OLki_OHi77enljEUWG3NLCeZv56yRQvtNfjMdhHpIgeeRWCCUy8GUY_DLqxGaxN3_bXaMbuEOMOO8l_V24lJBJIfUqrUWq7ZizQnLuCGuuEZNxt0t86bbhebWJpv.png)
### 2. Select the coin you need from the market on the Crypto Loan page, and then click “Borrow”.
![](https://gimg2.gateimg.com/image/article/1689675069JB4uUNBXdkyN-UxofkZF3Cim2GEL-doBKTme1LyJPgy_XRJyTCO9UuAYpvuLOYWcllLx11nIRI7JW5xaNttcW-ZpaICDco6mG5rRATCBItn4Ff8ci97dVS3vT6WS.png)
### 3. There will be a pop-up window. Enter the parameters of the borrowing order and click “Confirm”.
![](https://gimg2.gateimg.com/image/article/1689675154-4-W1WlXpm6Em9qDEEpLJmRuZs838aDQoI-teI5aVW6tHAZoKg8y0ff6IdOaw81r3ZbGEXrNlR4z9TtaCRl-gfR8aU3EBJ1Toh3LmrnrC5c_GIJ_ROjh7TEaFqvB.png)
① Enter the borrowing amount.
② Select the collateral coin.
③ Enter the collateral amount.
④ Click “Confirm” after confirming that the information is accurate.
### 4. You can check the details of your borrowing in “My Loan” on the Crypto Loan page. You can also repay or adjust collateral here.
![](https://gimg2.gateimg.com/image/article/1689675426jmQ6bZrYwH8CCXVB2Wxewor2skmApRK0nE-EFtBDbZnQx56B2FsRaIUBU6pTNG7hPd7G-IfFGTkAZo5WBh2K2s8OKDOw4eoon3QSc7RvUA3GKsA1ByxIzFFE7JFa.png)
## Crypto Loan User Guide (App version)
###1. Open the Gate.io app and log in to your account. Tap “More”- “Crypto Loan” and enter the page.
![](https://gimg2.gateimg.com/image/article/1698044188e1.png)
![](https://gimg2.gateimg.com/image/article/1698044310e2.png)
### 2. Select the coin and the borrowing offer based on your own needs in the Market section. Tap “Borrow”.
![](https://gimg2.gateimg.com/image/article/1698044966e3.png)
### 3. On the borrowing page, check the borrowing details. Enter “Borrowing Amount” and “Collateral Amount”, and tap “Confirm”. (Note: It’s advised to pay attention to LTVs to see if there’s any potential risk.)
![](https://gimg2.gateimg.com/image/article/1698045664e4.png)
### 4. Check loan details in “My Loans”. You can also “Repay”, or “Adjust Collateral” here.
![](https://gimg2.gateimg.com/image/article/1698045816e5.png)

Note:
①Currently only the Android version of Flexible Crypto Loan is available. For iOS users, you can go to the Web to experience it.
②Go to Gate.io-Finance-Crypto Loan-Order History to check the borrowing orders of Flexible Crypto Loan or you can check them in the Android version.
③Go to Gate.io-Finance-Crypto Loan-Old Version to check the borrowing orders of Fixed Crypto Loan or you can check them in the Android version.

Gate.io reserves the final right to interpret the product.

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