Using DeFiner 4: How to Borrow

Take out a loan against your deposits.

Using your crypto deposits as collateral for a loan is a fundamental use of DeFi. To do so on DeFiner, follow these 4 simple steps:

1. Make sure your wallet is connected.

DeFiner borrow

 

2. Select the crypto asset you'd like to borrow. Let's use USDC as an example here. 

DeFiner borrow2

 

3. Make sure you're on the "Borrow" option, choose the amount for your loan (availability is dependent on the side of your deposits), and then block "Borrow" below. 

4. Approve in your wallet, and the loan tokens will arrive in your wallet.

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