BitMake Coin Borrow, Repayment and Lending Operation Guidelines (Web/App)

BitMake Coin Borrow, Repayment and Lending Operation Guidelines (Web)

Ι.How to borrow coins

Please note: Spot borrowing and lending need to enable the spot leverage trading function first, enable it in the "Spot & Transfer" column on the Borrow page, if you don't need this function, you can turn it off to avoid over trading or withdrawing which will lead to the interest.

Borrowtrading: After enabling the spot leverage trading function, check "Margin" when trading, you can trade directly, the system will show the borrowed amount and will automatically borrow coins when closing.

Borrow & Withdraw: After enabling the spot leverage trading function, click Transfer in any sub-account on the Overview page, select Transfer to Wallet Account, check Borrow, and the amount available for borrowing will be automatically calculated according to your account assets (margin), you can borrow as needed.

II.How to repay

Just get the corresponding currency according to the negative balance of your wallet, and the corresponding assets will be repaid first. There are two repayment methods as follows.

Click Close on the Assets - Borrow page.

Click Borrowed on the Spot or Futures page and click Close.

III. How to lend out

Go to the Assets page, click Lending, and find the currency you want to lend.

Create a order and set your lending parameters on the order page. Finally click Confirm.

IV. StoptheLend

Again, under the Lending page, select the currency you want to stop lending and click "Stop" (if you cannot find the "Stop" option, please pull it to the right side of the page). If you choose to terminate the loan, the loaned assets will stop charging interest after 1 hour, and will take more than 1 hour to unlock.

BitMake Coin Borrow, Repayment and Lending Operation Guidelines (App)

Ι.How to borrow coins

Please note: Spot borrowing and lending need to enable the spot leverage trading function first, enable it in the "Spot & Transfer" column on the Borrow page, if you don't need this function, you can turn it off to avoid over trading or withdrawing which will lead to the interest.

Borrow trading: After enabling the spot leverage trading function, check "Margin" when trading, you can trade directly, the system will show the borrowed amount and will automatically borrow coins when closing.

Borrow & Withdraw: After enabling the spot leverage trading function, click Transfer in any sub-account on the Overview page, select Transfer to Wallet Account, check Borrow, and the amount available for borrowing will be automatically calculated according to your account assets (margin), you can borrow as needed.

II.How to repay

Just get the corresponding currency according to the negative balance of your wallet, and the corresponding assets will be repaid first. There are two repayment methods as follows.

Click Borrowed on the Spot or Futures page and click Close.

III. How to lend out

Go to the Assets page, click Lending, and find the currency you want to lend.

Create a order and set your lending parameters on the order page. Finally click submit. 

IV. Stop the Lend

Again, under the Lending page, select the currency you want to stop lending and click "Stop" (if you cannot find the "Stop" option, please pull it to the right side of the page). If you choose to terminate the loan, the loaned assets will stop charging interest after 1 hour, and will take more than 1 hour to unlock.