Adding collateral
You can add collateral at any time, even with th existing collateral balance. This will:
- Increase your borrowing power
- Reduce your LTV
Adding Collateral on the Web
- Log in to your Trading Account on the web.
- Select Borrow from the left-hand navigation menu.
- Navigate to Collateral Value and click >.
- At the bottom of the page, click Add.
- Choose from your available balances.
- Select the cryptocurrency you'd like to use as collateral.
- Review and confirm the transaction.
That's it! To borrow funds, simply click Borrow now, or select Loan and click +.
Adding Collateral in the App
- Log in to your Trading Account using the app.
- Scroll down and select Borrow.
- Navigate to Collateral Value and tap >.
- At the bottom of the screen, tap Add.
- Choose from your available balances.
- Select the cryptocurrency you'd like to use as collateral.
- Review and confirm the transaction.
That's it! You're now ready to borrow crypto.
If you're not ready to submit a borrow request just yet, you can always do so later by navigating to Loan and tapping +.