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Huobi Group

Huobi Crypto Loans FAQ!

🚀Huobi has officially launched crypto loans!

Below are commonly asked questions but join our Huobi Telegram or contact support at if you have additional questions.

Here we go:

🔹Q1. Who can use Huobi Loans?

Huobi Loans is a service in which you can collateralize your crypto and borrow other crypto assets to meet your needs instantly.

Your account must be KYC-verified.

🔹Q2. What digital assets can I borrow?

You can borrow a variety of digital assets, including USDT, HUSD, BTC, ETH, etc. The details are subject to the display on the product page.

👉Buying dips? Grab Loans 50% off now!👈

🔹Q3. What digital assets are supported?

You can use a variety of digital assets as collateral assets, including BTC, USDT, ETH, HT, HPT, etc. The details are subject to the display on the product page.

🔹Q4. How long are the loan terms?

Currently, it supports a 30-day loan, and you can make repayments at any time. In the future, longer-term loan products will be supported.

🔹Q5. How is the service fee charged?

The service fee is charged based on hours of use, and less than 1 hour is counted as 1 hour. The daily fee rate is visible on the product display page, hourly fee rate= daily fee rate

24. Service fee= borrowed assets × hourly fee rate × borrowing duration.

🔹Q6. How do I repay my loan?

You can repay the principal and service fee on the order page. The service fee will be paid off first before the principal.

🔹Q7. Can I make an early repayment?

Yes. The 30-day loan supports early repayment. The service fee is charged based on hours of use.

🔹Q8. What is the Loan-to-Value (LTV) ratio?

The Loan-to-Value (LTV) ratio is a financial term used to express the ratio of a loan to the value of the collateral. The value of digital assets is calculated using the index price. Different collateral cryptocurrencies have different initial LTVs. Initial LTVs determine the initial amount of digital assets that can be borrowed.

🔹Q9. What happens if my LTV is too high?

If your LTV is higher than margin call LTV, we will notify you to add collateral or repay the loan. If your LTV is higher than liquidation LTV, force liquidation might happen to repay the loan.

🔹Q10. How can I adjust my collateral?

You can adjust collateral on the order page. You can add collateral at any time. When your LTV is lower than the initial LTV, you can remove some of the collateral.

🔹Q11. What happens if your payments are overdue?

The platform allows up to 7 days to be overdue. During the overdue period, 3 times the service fee will be charged. If the payment is still not repaid after the overdue period, force liquidation will happen to repay the loan.

🔹Q12. Can I use the digital assets I borrow to trade in Spot exchange, Margin, and Futures? Can I withdraw them?

You can use the digital assets you borrow to trade in Spot, Margin, and Futures markets. You can also withdraw them as well.

That about wraps up the main question — as always thanks for being part of the Huobi community and follow us on Twitter!




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