To repay your loan and unfreeze your collateral amount, go to My Loans page. Find the loan you want to pay for and click on the REPAY LOAN button.
You will see then a pop-up with the loan payment options.
To repay your loan using USDT, please lick the From my wallet option.
Remember that you can only repay the loan if you have USDT in your wallet. Learn more how to deposit USDT to your wallet in this article.
By choosing the From my wallet option, you will see a pop-up where you can select a wallet you want to take funds from, and the amount you want to repay (could be the whole loan balance or a fraction of it). Play with the numbers to see how much USDT you need.
Once you're ready, just click the REPAY button. All repayments commission is 0%. Funds will be charged to your loan outstanding balance instantly.
You'll see two transactions appear in Transaction History:
- USDT wallet withdrawal in USDT
- Loan repayment in EUR.
Congratulations! You paid your loan using Tether (USDT).