Borrowing on LENDBIT

A detailed guide for borrowers on how to create borrow orders, deposit collateral, manage health factors, and repay loans on LENDBIT.

LENDBIT offers a simple yet powerful platform for borrowers to access capital by leveraging their cryptocurrency holdings as collateral. Borrowers can create custom borrow orders, deposit collateral, and receive funds from lending pools. This section guides you through the borrowing process, from setting up an order to repaying loans.