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Amount to Borrow

- ≤ Max. Borrowing Amount ≤ -

Collateral Amount

Maximum

- ≤ Collateral Amount ≤ -

Available Spot Assets: -

Loan Term

    * Transfer of borrowed assets to:

    Initial Loan-to-Value Ratio (LTV)

    %

    Initial LTV
    Margin Call LTV
    Liquidation LTV

    %

    %

    %

    Interest Rate

    Hourly Interest Rate/Daily Interest Rate%/%

    Total InterestTotal Repayment Amount

    - -

    How It Works

    • Apply for a Crypto Loan

    • Receive Borrowed Funds

    • Repay Principal and Interest

    • Collateral Returned to Your Spot Account

    FAQ

    Q1.Can crypto loans be used for other strategies such as arbitrage?

    Crypto loans can also be used for advanced strategies such as crypto yield arbitrage, a strategy that involves finding a platform where you can borrow a cryptocurrency at a lower interest rate and lend it at a higher interest rate on another platform. Click to learn more.

    Q2.How can crypto loans be used?

    Crypto loans be used for investments in Earn products, DeFi yield-farming and even margin trading, in which you can use borrowed assets to expand the margin availability and avoid being liquidated on your leveraged positions. Click to learn more.

    Q3.What are the requirements for using the Crypto Loans service?

    You can borrow coins on Bybit as long as you’re a registered Bybit user and have assets in your Spot Account that can be used as collateral.

    Q4.How is loan interest calculated?

    Interest is calculated hourly, where loans that are less than one hour will be calculated as one hour. Interest will start to accrue at the time of borrowing. Note: Interest is calculated based on the loan interest rate displayed at the time of borrowing. Interest = Borrowed amount × Hourly interest rate

    Q5.Can I repay all or part of my loan in advance?

    Yes, you can repay any time prior to the due date with no penalty fees. Once you return the loan amount, we’ll only charge an interest fee based on the number of hours borrowed.

    Q6.What is the loan-to-value (LTV) ratio?

    The loan-to-value (LTV) refers to the ratio of your loan amount to the value of your collateralized coins. The ratio is calculated as follows: LTV = Loan Amount/ Collateral Amount Loan Amount = (Outstanding Principal + Outstanding Interest + Outstanding Overdue Interest)

    Q7.How do I adjust the collateral amount?

    You can adjust the collateral amount on the Order page. Also, you can always add more collateral to lower the loan-to-value (LTV) ratio.

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