Applying for a Dollar Loan is easy. Just follow these steps:
- Log into Your Ledn Account: Navigate to your dashboard.
- Select the Loan Type: Choose "BTC-backed" or "ETH-backed" loans.
- Fill Out the Application: Provide the loan amount and collateral information.
- Submit Collateral: Once approved, transfer collateral to the provided wallet address:
- Go to your Loan Tab.
- Click ‘Send Collateral’
- Select the ‘Transaction Account’ Option or the ‘External Source’ Option depending on your preference, enter the amount and click ‘Submit’
- Receive Funds: Disbursement typically occurs within 24 business hours after collateral verification.
Ensure accurate details during the application to avoid delays.