What if my collateral drops in value?

What if my collateral drops in value?

We lend you the value of 72 - 85 % of your crypto-collateral (calculated on the day the loan is issued). If the crypto-market goes down, and the value of your collateral is reaching the value of your loan, you can:

Add more crypto to your collateral if you have selected the "When crypto prices are falling" before complete your Loan, otherwise you will not be able to recover your crypto.

The other option is to pay the full amount of the Loan to avoid lose your collateral.

If you do nothing, we sell all your collateral, cover the value of your loan, and deposit the remaining fiat to your account with us. You are free to take it out at any time.

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