Traditionally, cryptocurrency users have two options regarding how to use their crypto, they either hodl, let their crypto sit in the wallets or they trade. But is that all we can do?

The advent of OKEx C2C Loan provides an opportunity for traders to increase the utility of their crypto-assets!

OKEx C2C Loan is an open marketplace for borrowers and investors to take or give loans with best possible interest rates, loan period, along with a sufficient degree of transparency and safety.

Follow the below steps and turn your static investment into passive income earning!

Go on to OKEx App, you’ll need to enter the loan market by clicking “Lending” on the top.

On the loan market page, you will see "Account", "Transfer", "My loans", "Investment", and “loan advertisements”. We currently accept Bitcoin (BTC) as collateral and Tether (USDT) as the loan currency.

In this case, we will start by making an investment!

Step 1: Transfer USDT from your other accounts to your Loans Account.

Step 2: Click on “Filter” on the upper right, select metrics that you prioritize（annual yield, loan amount, the loan duration）and click on “Save All”.

All the investment choices that meet your standards will appear on the table, select one investment you favor the most and click on “Invest”.

Step 3: Confirm the investment details and click on “Investment Confirmation” .

Step 4: Enter your fund password, and you are earning now!

For borrowers who wish to get a loan, click on “Loan” in the bottom right corner.

Currently, you can hold BTC as the collateral currency and take on USDT to support your trading needs, we will support more assets in the future!

Step 1: Tap on 7 Days, select the loan period (7, 15, 30 or 60 days), click “Next”.

Step 2: Customize the loan amount, initial loan-to-value ratio, and day rate.

Step 3: Tick the box and click Confirm.

(In this case, you need to transfer BTC from other accounts to Loans Account first)

Step 4: Enter your fund password, and click on Confirm.

Now your loan request will be published on the loan market with a trusted pool of verified OKEx users.

You can check your Raising details under My Loans

And you are done!