Crypto Loans Tutorial
Borrowing money doesn’t have to be a stressful process. It doesn't need to take days to be completed, or come with hidden costs, fees and interest rates. Tokens Net Crypto Loan page makes borrowing easy. Save yourself trouble by visiting Tokens Net Crypto Loan and borrow the amount you need in just a few simple steps, with several clicks and tweaks. Use Simple view or Advanced view to borrow money under your preferred specifications. For better understanding, check out our detailed but simple tutorial for both modes.
Step 1: Check your DTR balance by visiting the main page of your personal account. You may use either Advanced or Simple view here.
Step 2: When using Simple view, choose the currency you prefer to use for the loan. The options are USDT and EURS. Collateral will be calculated based on the amount of money you choose to borrow in your preferred currency.
Step 3: Use the slider to select the amount of money you wish to borrow. The amount will be displayed in real time as you move the slider.
Step 4: Once you have set your preferences click the “Borrow Now” button. In a moment the money you are borrowing should appear in your account balance in the requested currency (USDT/EURS). Step5: You can return loan at any time. Keep in mind that on simple view you are able to return only full amount. If you wish to return part of the loan switch to Advanced view.
Step 1: Check if you have an available DTR balance by visiting the main page of your personal account.
Step 2: Use the “Add Collateral” button to add the desired amount of DTR you wish to use as collateral. Step 3: You will be taken to the “Add Funds” page where your DTR balance will be displayed. Choose your preferred currency; options are USDT and EURS. The page will also display your loan limit per DTR as well as the daily interest rate on the amount you are borrowing. Once you set up your preferences, click the “Add Funds” button. Step 4: Now that you have added collateral you can borrow funds. Decide in which currency you wish to take a loan and click Borrow. A pop-up window will appear, displaying your desired currency and the available amount. You may borrow the entire amount or part of the available funds. Once you’ve chosen your desired amount, click the “Borrow Funds” button. Step 5: The amount of DTR you have chosen as your collateral will appear in the Advanced view of the Crypto Loan page, showing the exact amount in DTR of funds that are reserved for a loan you are taking out. At the bottom of the page, you will be able to see the amount you have borrowed based on the collateral and your preferred currency. The page will also display liquidation risk, loan limit per DTR, currency, and available loan and interest rate. The “Return” button will also be displayed in the section where loan information is available.
Step 6: When you click on the “Return” button, the amount you borrowed will be displayed in a new pop-up window. You may return the entire loan or choose to return only part of the loan by typing the amount you wish to return. Step 7: Once you return the loan, the amount of DTR you chose to leave as collateral should now appear in “Available for loan” section, and the amount you may borrow should also be displayed at the bottom of the page. You can take out another loan by clicking the “Borrow” button.
Step 8: In the upper right corner of the page, you will find the “Reduce collateral” button. You may use this button to reduce the amount you are leaving as collateral. Use this button to change the amount of collateral, if necessary. Once you change the amount you wish to leave as collateral, your DTR amount will be displayed on the main page of your account under Available balance. You may also take another loan.