How to repay the loan?

Within Bit2Me Loan, you can at any time repay all or part of the requested amount to reduce the LTV (Risk) percentage or temporarily release your locked collateral.

To do so from your Mobile App, follow these steps:

1. Access the details screen of your active loan that you wish to manage.
2. Tap the central button "Manage your loan".
3. In the expanded bottom menu, select the first option: "Repay your loan with (choose the crypto)". From here you can make a full or partial repayment. *
4. Enter the exact amount to repay for the loan.
5. Review the final details and tap the button "Continue".
6. Done. The LTV percentage will automatically update as your debt is reduced.

* Note: In the management menu, the button will specify the required currency (e.g., USDC, EURC, USDT, etc.) according to the loan originally requested.