XT VIP Loan: Customizable high-value loans to meet diverse needs
XT VIP Loan is an exclusive lending service designed by XT Finance for high-net-worth users and institutional investors. This product allows VIP users to obtain large loans at low interest rates by collateralizing crypto assets, catering to diverse financial needs. XT VIP Loan offers flexible loan terms, high amount limits, and competitive interest rates, supporting various mainstream cryptocurrencies as collateral. This enables users to efficiently manage assets and maximize capital utilization.
XT VIP Loan services are offered to users at VIP level 3 or higher. You can apply directly on the site or contact your account manager. If you're not yet a VIP user or your level is below VIP 3 but you're interested in VIP loans, feel free to contact our customer service team with your application details and UID, and a dedicated account manager will reach out to assist you.
XT VIP Loan offers unrestricted loan terms, allowing users to customize the loan period based on their needs. The loan amount will be credited to the user's Spot account immediately, with no additional fees, and the borrowed funds can be withdrawn. Users do not need to worry about interest rate fluctuations, as the interest rate remains fixed within the loan period and is calculated on an hourly basis. Additionally, users can repay part or all of the loan at any time without any fees or penalties. Repayment must be made in the borrowed currency, and upon full repayment, all collaterals will be released immediately. Please be mindful of the due date and ensure timely repayment. Overdue loans will incur 3 times the normal loan interest rate, but VIP loans overdue will not trigger forced liquidation.
XT employs an innovative approach to the key risk assessment metric, the Loan-to-Value ratio (LTV), ensuring a secure loan environment. XT has established three LTV levels, tailored to the risks associated with collateral, to safeguard users' assets:
- Initial LTV: Initial LTV determines the maximum amount that can be borrowed initially. Loanable Value = Collateral Value * Initial LTV.
- Margin Call LTV: When LTV reaches Margin Call LTV, the system will notify the user to add more collateral to lower the LTV.
- Liquidation LTV: When LTV reaches Liquidation LTV, the system will liquidate the collateral to repay the total debt. Please add collateral promptly to avoid liquidation.
Product Advantages
Customized Loans, Supporting More Currencies and Terms
- More loan term options, supporting customization to flexibly match clients' funding cycles.
- Supports 300+ collateral and loan currencies, meeting asset needs of different clients.
Higher Loan Amount, No Penalty for Early Repayment
- No upper limit on loan amounts, catering to high net worth clients and institutional borrowers.
- Flexible lending rules allow users to repay anytime, with no penalty for early repayment.
More Competitive Interest Rates, No Forced Liquidation for Overdue Orders
- Offers highly competitive interest rates on the market, significantly reducing borrowing costs.
- Overdue orders will not be automatically liquidated, avoiding forced liquidation due to missed payments.
Unlimited Use of Borrowed Funds, Secure Collateral Assets
- No restrictions on borrowed funds, which can be freely withdrawn, traded, staked, or invested.
- Dedicated one-on-one service for large clients, with 24/7 real-time risk monitoring to ensure asset security.
VIP Loan Process
- Submit Loan Application: Initiate a "Quick Application" on the VIP Loan page or directly contact your VIP account manager.
- Configure Loan Details: Your dedicated VIP manager will contact you to confirm and configure the loan details and provide an order code.
- Enter Order Code: Input the order code on the VIP Loan page (the order code is for personal use only).
- Confirm and Receive the Loan: Verify that the loan details linked to the order code are correct, then submit to receive the loan instantly.
Operation Guide
Quick Apply
- Log in to your XT account. New users please register first. Then select "Finance" - "Crypto Loan" on the navigation bar, and find the "VIP Loan" entrance at the bottom of the page.
- After entering the "VIP Loan" homepage, initiate the "Quick Apply" on the page, fill in the information such as loan amount, loan currency, collateral currency, loan term, and contact information, and submit it. Be patient and wait for the Customer Manager to contact you, confirm your loan needs, configure the loan order, and obtain the order code.
Borrow Now
- At the top of the "VIP Loan" homepage, click "Existing Order Code, Borrow Now" to enter the loan page.
- Select the corresponding order code, confirm the loan term , loan currency and quantity , as well as the collareral currency and quantity (the collateral comes from the user's Spot account). Please carefully check the loan details, such as APR, Initial LTV, Margin Call LTV and Liquidation LTV. After confirming the information is correct, click "Confirm Borrowing" to submit the loan application. After confirmation, your collateral will be transferred to the system collateral account for safekeeping, and the loan will be automatically released to your Spot account.
Monitor Your Loan
Click "View Orders" to visit the XT Crypto Loan homepage and check information about your loan orders and loan assets. To monitor your current VIP Loans, click on "Ongoing Orders" and select "VIP". You can expand the details by clicking "View Details". Please keep an eye on the LTV to manage risk, and add collateral promptly to avoid liquidation.
Adjust LTV
In the Ongoing Orders section, click "Adjust LTV" to enter the adjustment page. You can slide the LTV bar or directly choose to add/remove collateral by entering the desired amount. After clicking "Confirm Adjustment", the LTV will be successfully updated, and the corresponding amount of collateral will be added to or deducted from your Spot account. Please note that when removing collateral, the final LTV must not exceed the Initial LTV.
Repay Loan
Click "Repay" to enter the repayment page, where you can enter the repayment amount and choose to make a partial or full repayment. You can also select whether to release the collateral proportionally. If you check the option to release collateral proportionally, the collateral will be released in proportion to the repayment amount. If you choose full repayment, the entire collateral will be released. The repayment amount will be deducted from your Spot account, and the collateral will also be released to your Spot account.