To apply for a B2X loan, it is necessary to have a balance in the BTC Transaction account because Ledn will transfer the amount of digital assets designated by the client from their Transaction account to their Loan collateral account.
Making use of the "Calculator" function, the client must enter the amount of BTC they wish to use in the B2X loan - this is the amount that will be doubled by Ledn at the time of making the loan. On the right screen, the details of the loan will be displayed.
After the client has confirmed the amount of collateral they want to provide and the amount of BTC the client wants Ledn to acquire on behalf of them, they must click on the "Place B2X Order" option for the process to be successful. The client will receive an email after the transaction has been confirmed, and the details of the order will be explained.
Availability of B2X Loans varies based on the client’s place of residence. For more information, please contact us at firstname.lastname@example.org.