Where to use this guide: Buburuza mobile app.
The Flexible loan flow asks you to choose a loan amount and asset, provide collateral, and review interest and loan-to-value information before confirming.
Before committing collateral, review the loan's eligibility, service terms and risk information. Check the collateral and liquidation conditions offered for your account; ask support to clarify any missing terms before confirming.
Before you start
Review the loan feature and current terms available to your account, then identify the asset, amount and collateral you intend to use.
Steps
- Open Flexible loan. Use Borrow now from the empty loan list, or open the borrowing form available in the loan area.
- Choose the loan asset. The selector separates Stablecoins and Crypto; use the assets offered to you.
- Enter Loan amount. Review Remaining limit, Latest APR and Estimated daily interest.
- If the amount is below the displayed minimum, correct it. Once the amount is accepted, choose Add collateral.
- Select the assets and amounts you intend to pledge. Check the collateral total and any shortfall before choosing Add.
- Back on the loan form, inspect Collateral amount, Pledgeable balance, Current LTV, Margin call LTV and Liquidation LTV. Use the LTV information control when needed.
- Choose Review loan. Recheck the amount, asset, APR, daily-interest estimate, collateral and all LTV levels.
- Open Crypto Loan Service Terms and Forced repayment rules and read them. Complete the acknowledgement only if you accept the terms, then use the Confirm slider to submit the loan.
- On Loan approved, verify the amount and destination. Choose Go to wallet or Back to Flexible loan and inspect the loan record.
Expected result
If Loan approved appears, verify the amount and destination and inspect the loan record. Read the actual terms before relying on any loan condition.
If something does not work
- Entering a valid loan amount does not complete the loan. Review loan remains disabled until sufficient collateral has been provided.
- Check the minimum, remaining limit, APR and thresholds shown for your loan.
- The approval result and the wallet’s updated transaction details can appear at different times. Inspect the existing record before starting a duplicate request.
- Borrow more opens another borrowing form; it is not a repayment control.