1. How to Get Started
BitMart Crypto Loans allow you to borrow crypto instantly by pledging your digital assets as collateral, without selling them.
To start borrowing:
On the BitMart homepage, click Crypto Loans from the navigation menu.
On the Crypto Loans page, review the list of supported currencies and the current APRs, then select the currency you want to borrow.
2. Set Loan Amount and Collateral
Enter the amount you wish to borrow. The system will automatically calculate the minimum required collateral.
Select one or multiple cryptocurrencies as collateral.
The system will calculate the overall LTV (loan-to-collateral value) based on your selections.
Collateral value exceeding the minimum requirement will act as a buffer to reduce liquidation risk.
3. Confirm Loan Details
Before confirming, please review the following information carefully:
Borrowed currency and amount
Collateral currencies and amounts
Current interest rate
LTV ratio
Whether flexible savings interest on collateral is enabled
Once confirmed, submit the loan. The borrowed assets will be credited to your account instantly.
4. How to Repay the Loan
On the BitMart homepage, click Loan Account.
Under the Loan Account tab, select the currency you want to repay.
Enter the repayment amount. Partial and full repayments are both supported.
Confirm the transaction to complete repayment.
After full repayment, the pledged collateral will be automatically released back to your account.
5. How to Add Collateral
If market volatility causes your LTV to increase, you can add more collateral to reduce risk.
Steps:
Go to Loan Account.
Under the Collateral section, select an existing collateral currency to increase its amount.
Alternatively, click Add Collateral to choose a new currency and set the amount.
Confirm to update your collateral and LTV.
6. How to Release Collateral
When your LTV is within a safe range, you may release part of your collateral.
Steps:
Go to Loan Account.
Under the Collateral tab, select the collateral currency.
Enter the amount you want to release.
The system will check whether the adjusted LTV remains within the allowed range. Confirm to proceed.
7. Risk Reminder
Crypto Loans involve market price fluctuation risks. Sharp market movements may cause rapid LTV changes. Please monitor your LTV closely and take timely actions such as adding collateral or repaying loans to avoid risk control measures.
Digital asset investments carry high risk. Please ensure you fully understand the product rules and assess your own risk tolerance before using Crypto Loans. BitMart does not provide investment, legal, or tax advice.
