You can borrow any currency for any period and use it for everything: trade, transfer, or withdraw. The available collateral balance will be used as a security.
- Daily fee amount
- Daily fee
- Borrow period
What currencies can be borrowed on the exchange? Can I borrow fiat assets?
You can borrow the same assets that are supported as collateral for margin trading are available for borrowing: ADA, APE, AVAX, BCH, BTC, DOGE, DOT, EOS, ETH, LINK, LTC, MATIC, NEAR, SHIB, SOL, TRX, USDC, USDT, XLM, XRP. Fiat assets are not available for borrowing at the moment, but you can always exchange cryptocurrencies for fiat.
How many currencies can be borrowed on the exchange at the same time?
Number of loans by different assets are not limited. New loans become unavailable only if there is insufficient collateral on the Collateral Balance.
What currencies can I secure the loan with? Is it possible to secure a loan with fiat assets?
To secure the loan, the total amount of assets on the Collateral Balance, as well as all open margin and futures positions with a positive P&L (Profit & Loss) value is used. Fiat assets are not supported to secure a loan.