3. Borrow & Repay
Step 1:
In [Markets] page, choose a market, click [Borrow]
Step 2:
Enter an amount you want to borrow, and then confirm this transaction in your wallet.
Clicking [Max], Coslend will help calculate a maximum amount you can borrow based on 90% of your borrow capacity, set aside 10% to prevent your collateral assets from being liquidated due to large price fluctuations.
Professional users can ignore this limit, and borrow as your wish by entering a larger amount.
Step 3:
Transaction completed, you can find your borrow details in [Dashboard]
Step 1:
Open [Dashboard] - [Borrow], choose an asset and click [Repay]
Step 2:
Enter an amount you want to repay, click [Repay].
Confirm this transaction in your wallet.
Clicking [Max] to repay all your borrowed amount and accured interests of this asset.
Last modified 1yr ago