Dear CoinEx user,
To improve liquidity and utilization of funds, and to optimize the lending experience, CoinEx will adjust some of the pledged lending currencies on April 3, 2024, at 07:00 (UTC). Details are as follows:
Adjustment Time
7:00 April 3, 2024 (UTC)
Adjustment Details
Loanable Coin (USDT)
| Before Adjustment | After Adjustment | |
| Max. Loan |
500,000 |
1,000,000 |
| Initial LTV |
75% |
80% |
| Alert LTV |
90% |
90% |
|
Liquidation LTV |
Assets to be repaid < 50000 - 95% |
Assets to be repaid < 50000 - 97% |
|
Assets to be repaid < 200000 - 94% |
Assets to be repaid < 200000 - 96% |
|
|
Assets to be repaid >= 200000 - 93% |
Assets to be repaid >= 200000 - 95% |
Collateral Available
1. BTC
| Before Adjustment | After Adjustment | |
|
Max. Collateral Market Value |
500,000 |
1,000,000 |
2. ETH
| Before Adjustment | After Adjustment | |
|
Max. Collateral Market Value |
500,000 |
1,000,000 |
3. USDT
| Before Adjustment | After Adjustment | |
|
Max. Collateral Market Value |
500,000 |
1,000,000 |
|
Initial LTV |
75% |
80% |
4. SOL
| Before Adjustment | After Adjustment | |
|
Max. Collateral Market Value |
200,000 |
500,000 |
|
Discount Rate |
90% |
95% |
5. ATOM
| Before Adjustment | After Adjustment | |
|
Max. Collateral Market Value |
200,000 |
50,000 |
|
Discount Rate |
90% |
80% |
6. ETC
| Before Adjustment | After Adjustment | |
|
Max. Collateral Market Value |
200,000 |
50,000 |
|
Discount Rate |
90% |
80% |
Risk Warning
Please note that all transactions are to be decided and risks borne by yourself. CoinEx does not take any responsibility for any losses incurred from using this product. Please read the Loan Guide carefully and assess your risk tolerance before making rational decisions.
Click here for more information on Crypto Loans.
CoinEx reserves the right of final interpretation of this announcement.
CoinEx Team
Mar 26, 2024