Crypto Installments

The APR is based on the USDT hourly flexible interest rate.Interest is calculated every hour. Hourly Interest = (Principal borrowed + Interest accrued) × Current interest rate.For more information Past interest doesn't guarantee future interest

Your pledged amount is the amount of crypto you put down as collateral and your target amount is how much crypto you want to have. The pledged amount is always half of the target amount.

You can borrow up to 10 BTC or 30 ETH, and you must borrow a minimum of 0.0001 BTC or 0.01 ETH.

Crypto Installments currently offers BTC and ETH.

You can pay by going to the Active Orders page and pressing the "Pay" button.

Liquidation price = total repayment [maintenance margin level + 1]/target amount * 1.002Maintenance margin level: depending on total repayment depending on total repayment

There are no late fees for Crypto Installments. If you miss a payment, you can pay your principal and overdue payment(s) in the next installment window. If you miss your final installment date, you can pay back your overdue payments at any time to receive your entire Target Amount, as long as your crypto doesn't reach the liquidation price.

There are no early monthly repayments. However, you can pay off all your remaining installments at any time.

As of now, each customer is entitled to 100 Crypto Installment orders, provided they follow the requisite guidelines. Order terms can be 3, 6, or 12 months.

Once the installment plan is complete, your collateral and crypto will be released to your funding account 10 minutes after your last payment date

The total repayment amount is calculated by multiplying the borrowed amount by the current crypto price. This amount will remain fixed throughout the course of the installment plan. At the end of the plan, you will only need to pay interest in addition to the repayment amount.