How can I adjust my loan’s LTV?
You may adjust your loan’s LTV (loan to value) in 3 ways: add collateral, remove collateral or make a repayment. This can all be done by going onto the Crypto.com Exchange Dashboard > Lending > Loans. An active loan’s LTV depends on the outstanding balance of the loan. Please note to keep LTV below 70% for better loan health. Refer to “What Should I Know about My Loan Health?” for more information on how to maintain appropriate loan health.
LTV = (Market Value of Outstanding Balance) ÷ (Market Value of Collateral)
where Outstanding Balance = Outstanding Loan Principal + Outstanding Loan Interest
Add Collateral:
Log In to your Crypto.com Exchange account
Go to Dashboard > Lending > Loans
Tap Adjust Collateral on the active loan you would like to adjust to
Fill in the Adjustment Amount or move around the interactive bar to provide an estimated LTV after the adjustment
Once you fill in the amount, click Review.
Review the Adjustment Confirmation and Terms and Conditions. Once ready, tick that you have read the Lending Terms and Conditions and Confirm the Adjustment.
Remove Collateral:
Log In to your Crypto.com Exchange account
Go to Dashboard > Lending > Loans
Tap Adjust Collateral on the active loan you would like to adjust to
Tap Remove Collateral
Note: You can only remove collateral if the current LTV < initial LTV.
Fill in the Adjustment Amount or move around the interactive bar to provide an estimated LTV after the adjustment
Once you fill in the amount, click Review.
Review the Adjustment Confirmation and Terms and Conditions. Once ready, tick that you have read the Lending Terms and Conditions and Confirm the Adjustment.
Repayment:
Log In to your Crypto.com Exchange account
Go to Dashboard > Lending > Loans
Tap Repay Now to make repayment to your outstanding loan
You can learn more about how repayment works here.