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(A) | Borrowing Interest Rate (D) | Fees (of culmulative) | |||||||
---|---|---|---|---|---|---|---|---|---|
18.7 % | 0.035% | 20% | |||||||
Collateral | |||||||||
Pledge Ratio | 70% | 70% | 70% | 70% | 70% | 60% | 60% | 60% | 60% |
Loan Currency |
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Loan Term | 7 days / 15 days / 30 days(interest-free for 5 days)/ 60 days(interest-free for 10 days) | ||||||||
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.