How do you add collateral to the loan?

In Bit2Me Loan you can add more collateral to your active loan to reduce the LTV percentage and thus avoid liquidation.

To do so, follow these steps:

1. Access the dropdown menu via the 3 horizontal lines found in the top left corner of the Mobile App.
2. Tap on "Loan".
3. Select your loan to which you want to add more collateral.
4. Tap on the "Add BTC" button *
5. Indicate the amount of collateral to add to the loan.
6. Tap on the "Continue" button.
7. Done.
   
   

*If you requested the loan with another cryptocurrency as collateral, the button will show the name of that currency.