The borrowers pledge their crypto assets as collateral, such as Bitcoin and select their preferred loan terms and interest rate.
The lenders invest USDT/CNYT funds into BitLoan markets and set their preferred loan matching criteria, such as loan terms and rates.
Our platform will match a borrower’s request with multiple lenders’ funds, and borrowers can get the funds instantly.
|Lending Return Rate||Borrowing Interest Rate||Fees|
|18.7 % p.a.||0.06% per day||20% of Accrued Interest|
|Loan Term||15 Day / 30 Day / 60 Day|
|Force Liquidation Alert and Enforce||
Collateral will be forcibly liquidated when risk rate reaches 110%
Risk rate = Collateral Market Value /(Loan Amount + Accured Interest)
Pledge your crypto asset to borrow the funds in you own needor finance a portfolio of loans and earn interest.