- For BTC cross collateral, the grace period is reduced from 14 days to 7 days, the base daily interest rate (i.e. regular accounts) is increased from 0.0216% to 0.0408%, and the borrow limits are updated according to VIP levels.
- For ETH cross collateral, the grace period is reduced from 14 days to 7 days, the base daily interest rate (i.e. regular accounts) is increased from 0.0216% to 0.0408%, and the borrow limit remains unchanged.
- This change is only applicable to new loans made after 2020/11/24 09:00:00 AM (UTC) onwards. The grace period and daily interest rate remain unchanged on existing loans that were taken before this date.
- For new loans, Interest will be charged if users do not repay taken loans within the 7-day interest-free period. For more details, please refer to How to Repay Loan Interest.
- Please refer to the page Cross Collateral Interest Rate for VIP fee structure details.
Level | Borrow coin | Collateral coin | Grace period (before change) | Grace period (after change) | Daily Interest Rate(before changeďź | Daily Interest Rate(after changeďź | Borrow limit (before change) | Borrow limit (after changeďź |
Regular | USDT | BTC | 14 | 7 | 0.0216% | 0.0408% | 240,000 | 100,000 |
VIP1 | USDT | BTC | 14 | 7 | 0.0194% | 0.0367% | 480,000 | 200,000 |
VIP2 | USDT | BTC | 14 | 7 | 0.0151% | 0.0286% | 720,000 | 300,000 |
VIP3 | USDT | BTC | 14 | 7 | 0.0130% | 0.0245% | 960,000 | 400,000 |
VIP4 | USDT | BTC | 14 | 7 | 0.0108% | 0.0204% | 1,200,000 | 500,000 |
VIP5 | USDT | BTC | 14 | 7 | 0.0086% | 0.0163% | 1,440,000 | 600,000 |
VIP6 | USDT | BTC | 14 | 7 | 0.0076% | 0.0143% | 1,680,000 | 700,000 |
VIP7 | USDT | BTC | 14 | 7 | 0.0065% | 0.0122% | 1,920,000 | 800,000 |
VIP8 | USDT | BTC | 14 | 7 | 0.0054% | 0.0102% | 2,160,000 | 900,000 |
VIP9 | USDT | BTC | 14 | 7 | 0.0043% | 0.0082% | 2,400,000 | 1,000,000 |
Level | Borrow coin | Collateral coin | Grace period (before change) | Grace period (after change) | Daily Interest Rate(before changeďź | Daily Interest Rate(after changeďź | Borrow limit (No change) |
Regular | USDT | ETH | 14 | 7 | 0.0216% | 0.0408% | 40,000 |
VIP1 | USDT | ETH | 14 | 7 | 0.0194% | 0.0367% | 80,000 |
VIP2 | USDT | ETH | 14 | 7 | 0.0151% | 0.0286% | 120,000 |
VIP3 | USDT | ETH | 14 | 7 | 0.0130% | 0.0245% | 160,000 |
VIP4 | USDT | ETH | 14 | 7 | 0.0108% | 0.0204% | 200,000 |
VIP5 | USDT | ETH | 14 | 7 | 0.0086% | 0.0163% | 240,000 |
VIP6 | USDT | ETH | 14 | 7 | 0.0076% | 0.0143% | 280,000 |
VIP7 | USDT | ETH | 14 | 7 | 0.0065% | 0.0122% | 320,000 |
VIP8 | USDT | ETH | 14 | 7 | 0.0054% | 0.0102% | 360,000 |
VIP9 | USDT | ETH | 14 | 7 | 0.0043% | 0.0082% | 400,000 |
- Adjusting the LTV to a lower level by adding additional collaterals to your account
- Enabling the auto top-up function by using the available asset in your spot wallet to add collaterals to your account