When a loan expires or a loan’s LTV has reached the threshold for Forced Liquidation, your entire Collateral will be liquidated to make a full repayment. Remaining liquidation proceeds will be returned to your Crypto.com Exchange Spot Wallet.
Kindly note that a Liquidation Fee will be charged on the orders needed to liquidate your Collateral. The fee will be charged at a flat 0.16% taker rate, and may be subject to change.
To avoid Forced Liquidation, pay your loan on time or make partial repayments to adjust your LTV to a healthy level:
- 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.