Funds in the market loan pool come from Simple Earn Flexible. Your borrowing limit is determined by the loan pool, your account level, and your margin position tier. Traders at or above the VIP 5 tier can enjoy VIP Loan in addition to market loans.
Market loans
Eligibility
All spot, spot and futures, multi-currency margin, and portfolio margin accounts
Interest rate
Frequency of deduction and accrual: hourly
Interest rate update frequency: hourly
Interest rate mechanism: market rates generated by matching the rates listed on Simple Earn Flexible with loan demands
Historical market rate
Interest rate update frequency: hourly
Interest rate mechanism: market rates generated by matching the rates listed on Simple Earn Flexible with loan demands
Historical market rate
Borrowing limit
Borrowing limits are determined by account tier. View detailed limits
Margin requirements
Verify margin based on trading account rules when in margin trading or transfer borrowed crypto
Details
VIP Loan
Eligibility
All spot and futures, multi-currency margin, and portfolio margin accounts at or above the VIP 5 tier
Interest rate
Interest deduction: Once your borrowing order matches a lending order, interest is charged from the available balance in your trading account.
Annualized interest = Borrowing amount × Interest rate × Loan term / 365
Interest rate is updated hourly.
Annualized interest = Borrowing amount × Interest rate × Loan term / 365
Interest rate is updated hourly.
Borrowing limit
Borrowing limits are determined by account tier.
Margin requirements
Verify when locking the loan. No margin is required once locked.