There is no loan term limit for crypto loan service, and the interest will be charged according to actual loan term. Please see the figure below:
| Loan Term |
Daily Interest Rate |
|
0 Day(s)＜Loan Term≤30 Day(s) |
0.05% |
|
30 Day(s)＜Loan Term≤90 Day(s) |
0.052% |
|
90Day (s)＜Loan Term≤180 Day(s) |
0.055% |
|
Loan Term＞180 Day (s) |
0.065% |
For example, if the loan term is 70 days, Loan interest = Loan amount × 0.05% × 30 + Loan amount × 0.052% × (70-30).
Notes:
1. Daily interest will be calculated according to actual loan term, and less than one day will be deemed as one day.
2. Interest will be repaid first and principal later.
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