1. How to borrow

Log in to HTX APP, click [More] from the menu, then select [Finance] – [Crypto Loans], and follow the steps below to start borrowing: 

1. Select the crypto asset you want to borrow and enter the borrowing amount.

2. Choose a collateral asset.

3. Choose a loan term.

4. Read and agree to the Loan Service Agreement, confirm the amount of interest and repayment amount, click "Borrow now" to enter the order page.

5. Click "Confirm" to borrow.

Please Note: Please make sure your HTX account be KYC-verified.

2. How to check loan orders

Turn to Crypto Loans page, and select [Order History] from the menu in the upper right corner, then enter the loan order details page and review the details of all loan orders.

 

3. How to make repayment (includes prepayment)

Turn to Crypto Loans page, select [Loan Orders] and follow the steps below:

 

Repay

1. Choose a loan order and click "Repay".

2. Select "100%" repayment or enter full "Repayment Amount".

3. Click "Confirm".

Please Note: Please ensure that you have enough cryptos in your exchange account to repay the interest and the principal. After full repayment, the full amount of collateral will be returned to your exchange account.

 

Manual Liquidation

1. Choose a loan order and unfold the order details.

2. Select " Manual Liquidation".

3. Click "Confirm".

Please Note: It means you opt to sell all the collateral assets frozen for this order at the market price to repay the principal and interest, and the remaining will revert to your exchange account. In extreme markets, it may cause losses.

 

4. How to cover short position (or set lower LTV)

Turn to Crypto Loans page, select [Loan Orders] and follow the steps below:

1. Choose a loan order and click "Adjust Collateral".

2. Select "Add" and manually enter the collateral amount to be increased.

3. After the above steps are completed, the LTV rate will be adjusted accordingly. Please ensure that the rate is below margin call LTV after adjustment.

4. Click "Confirm".

 

 

5. How to remove collateral after partial repayment (or set higher LTV)

Turn to Crypto Loans page, select [Loan Orders] and follow the steps below:

 

1. Choose a loan order and click "Adjust Collateral".

2. Select "Reduce" and enter the collateral amount to be reduced.

3. After the above steps are completed, the LTV rate will be adjusted accordingly. Please ensure that the rate is below margin call LTV after adjustment.

4. Click "Confirm".

Please Note: If part of the loan is repaid in advance, the system will not automatically refund the corresponding collateral. Please reduce the collateral manually as shown above.

 

6. How to check repayment history

Turn to Crypto Loans page, and select [Repayment] from the menu in the upper right corner, then enter the repayment details page and review the details of all repayments.

 

7. How to renew a loan

Turn to Crypto Loans page, select [Loan Orders] and follow the steps below:

 

1. Choose a loan order and click "Renew".

2. Click "Confirm".

Note: Time available to renew a loan is 48 hours before repayment date. Accrued interest and commission will be charged on renewal, and the order will restart the loan term according to the renewal period. Overdue orders cannot be renewed. There is a certain limit on the renewal amount. Please refer to the prompt on the order page.