How to Make a Loan Request?
For a borrower to make a loan request on LendaBit.com, it is necessary to make a few simple actions, namely:
• Go to LoanBuilder.
• Opt for “Make a Loan Request” by pressing “Get Started.”
• Select your preferred loan currency (USDT or BTC), set the loan amount, loan duration, interest rate and collateral currency.
• Once the above outlined parameters specified, you can adjust your preferred LTV ratio (Low, Middle, High, Critical) and submit your loan request.
• Don’t forget you are required to have a sufficient amount of collateral on your LendaBit.com account to finalize the loan deal.