Gate.io Crypto Loan Launches Auto-Replenish Collateral

Dear Gate.io Users,

Gate.io Crypto Loan service has officially launched Auto-Replenish Collateral. Once enabled, when the LTV reaches the liquidation LTV, the system will automatically replenish collateral using Simple Earn funds, spot account balance or Unified Account balance to bring the LTV back to the initial level of 70%, thereby reducing the risk of forced liquidation.

Please note: Once Auto-Replenish Collateral is enabled, users can set the collateral currency and replenishment cap.

(1) In the event of frequent market fluctuations, all available assets selected for collateral replenishment may be liquidated.(2) The actual collateral replenishment limit for each asset depends on the actual situation. If the available balance is insufficient, there is still a risk of forced liquidation.

*****If Auto-Replenish Collateral is turned off, when the order LTV reaches the liquidation LTV, forced liquidation will be triggered directly. To use Auto-Replenish Collateral, you can re-enable it and set the relevant parameters.

How to Enable Auto-Replenish Collateral(1) Select the loan order and Enable Auto-Replenish Collateral(2) Set the collateral currency and replenishment capWe are committed to providing you with superior service and experience. If you have any questions, please feel free to contact the Loan Manager. Thank you for your understanding and support!Gateway to CryptoTrade over 1,700 cryptocurrencies safely, quickly, and easily on Gate.io

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Gate.io TeamSeptember 5, 2024