🛃Borrower

Pledging your crypto assets to borrow USDT has never been simpler at TradingGPT. Assets accepted for collateral include TGPT, Bitcoin, ETH, BNB, LINK, ARB, and many other censored crypto assets.

Benefits of Borrowers

• Borrow and pay off the loan at any time.

• Flexibly liquidate part of your assets if you forget to pay loan interest.

• Loan interest payment time is flexible; interest can be paid before the deadline.

• Optimize loan utilization with liquidity mining.

• Collateral is secured on smart contracts.

How to start?

First, you need to have a TradingGPT account (if you don't have an account, contact the person who gave you this information and receive a referral link from them)

Step 1

Log in to your account and select Lending

Step 2

Select Register as a Borrower

Step 3

Deposit the amount of TGPT you want to mortgage to borrow USDT.

Step 4

After you have completed deposit TGPT. Select Loan list to find a suitable lender.

Step 5

Select Borrow now to start setting up your loan

Step 6

Fill in the amount of USDT you want to borrow and the system will automatically calculate the amount of TGPT you need to mortgage.

After reading the information carefully. Especially the liquidation rate. Click Borrow now to start the loan.

Step 7

Your borrowed USDT amount will be added to the Loan Management section.

Select Withdraw to withdraw this USDT to your personal wallet.

Step 8

View list and manage your loans.

Scroll to the right and you will see detailed information.

Pay attention to your interest payment deadline. You need to pay interest on time to avoid being penalized by the lender for late interest payment. Or you can choose to pay interest in advance to increase the time to pay interest for the next time.

You have 2 options to pay interest

• Deposit USDT to pay interest

• If you click Pay and your USDT balance is not enough, the smart contract will sell part of your collateral to pay interest.