ViaBTC Crypto Loans User Agreement

1. The ViaBTC Crypto Loans is a financial tool tailored for pool users, making asset flow flexible.

2. By applying Crypto Loans, you agree to authorize ViaBTC to enable Auto Pledge, which means when current LTV ≥ Margin Call LTV, balance from all of your mining accounts will be transferred to your collateral assets to lower the current LTV to the initial one. 

3. When applying Crypto Loans, you agree to unconditionally authorize ViaBTC to manage risks by closing all positions, selling your collateral assets on your behalf to repay unsolved loans and etc. when your Loan Account is exposed to risk (Current LTV ≤ Liquidation LTV). 

4. When ViaBTC conducts risk control like position liquidation, your remaining collateral assets will be donated to the Insurance Funds of ViaBTC to cover the possible bankrupt loss.

5. When applying Crypto Loans, if situations such as bankruptcy occurred, which means Collateral Value in Loan Account < To-be-repaid Amount, ViaBTC will pay for the bankrupt portion, and your Loan Account will not be affected. 

6. You should fully understand the risks involved in digital asset investment and operate within your means when applying Crypto Loans. 

7. All investment operations conducted by you on ViaBTC represents your true willingness to invest, and you unconditionally bear the potential risks and profit incurred by your investment decisions.

8. You agree to accept all charges and other related expenses that may incur for Crypto Loans. You also consent to pay the corresponding fees according to the requirements of ViaBTC. 

9. You agree that ViaBTC retains the right to take risk control measures such as closing positions when your Loan Account is at risk. You also unconditionally accept the final results.

10. ViaBTC reserves the right to suspend or terminate Crypto Loans. ViaBTC may suspend or terminate Crypto Loans when necessary.

11. You should comply with the national laws and guarantee the assets are from legal and compliant sources when applying Crypto Loans.