Crypto Loans | Borrow and Repay at Anytime

About Crypto Loans

CoinEx Crypto Loans refers to using one or more crypto assets as collaterals to borrow other crypto assets. The borrowed asset can be used for trading, investing in financial products to obtain higher returns, or for withdrawal.

Loanable Coins

01 Add Collateral
02 Receive Loan
03 Repay Loan
04 Receive Collateral

Note: The interest rate will fluctuate according to market conditions.

Collateral Available

Coins	Discount rate	Max. effective collateral value (USDT)

Example:

For example, the discount rate of BTC is 90%, max. effective collateral value is 10000 USDT, and its initial LTV (Loan-to-Value Ratio) is 70%. When your collateral is 20000 USDT worth of BTC, then: The discounted collateral value = 20000 * 90% = 18000 USDT, exceeding the max. effective collateral value. In this case, the actual effective collateral value is 10000 USDT and the max. loan = 10000 * 70% = 7000 USDT.

FAQ View More

Q1. How to calculate interest?

A1. Once the loan is successfully borrowed, interest will be generated immediately for the first hour. After that, the interest is calculated at every o'clock based on the to-be-repaid loan amount, without compounding unpaid interest. Interest = Loan amount x Daily interest rate / 24.
CoinEx currently adopts a floating interest rate mechanism, adjusting interest rates based on market supply and demand. The interest rate of each loan order is determined by the daily interest rate at the beginning of the loan and remains unchanged within a loan period (10 days). If a loan is renewed, the interest rate will be adjusted based on the floating daily interest rate at the time of the renewal.
Q2. What can I do by borrowing coins?

A2. The borrowed coins can be used for trading or investment in financial management, and obtain higher returns, or you can also withdraw and use the assets.
Q3. Is there a time limit for borrowing coins?

A3. CoinEx loans have a 10-day loan period. You can renew your loan upon expiration. If you have enabled automatic loan renewal, CoinEx will renew your loan based on market liquidity at the end of the borrowing period. Each loan renewal period is 10 days, with no upper limit on the number of renewals. The interest rate after renewal depends on the current floating interest rate daily.
Q4. Can I borrow coins in installments?

A4. Yes. Each loan order is an independent order with its own daily loan interest rate, loan-to-value rate, and loan period, and the loan orders will not affect each other.
Q5. How to prevent risks caused by market fluctuations?

A5. The lower the LTV (Loan-to-Value Ratio), the safer it is. You can keep the current LTV within a safe range by adding more collaterals.
Q6. What happens if my current LTV (Loan-to-Value Ratio) is too high?

A6. When the current LTV ≥ the alert LTV, the system will prompt you to add more collaterals. When the current LTV ≥ the liquidation LTV, the system will automatically sell your collaterals to repay the loan. Please add collaterals in time to avoid forced liquidation.