Instant Funds

What is Instant Funds?

Instant Funds is a way to access USDT or USDC using your BTC balance. You keep your Bitcoin: it's locked, not sold, and you receive stablecoins instantly. Once you repay, your BTC is returned to you.

There's no annual interest. A one-time service fee is charged when the position is opened.

How does it work?

1. You choose how much USDT or USDC you need.
2. The app calculates how much BTC needs to be locked.
3. You confirm the position: your BTC is locked, and USDT or USDC is credited to your balance immediately.
4. Within 30 days, you repay the amount you received plus the service fee.
5. Once repaid, your BTC is unlocked and returned to your balance.

How much does it cost?

There's a one-time service fee charged when the position is opened. The fee is a percentage of the funds amount and depends on your VIP level: the higher your level, the lower the fee.

There is no annual interest (0% APR).

What is the repayment deadline?

Each position has a 30-day repayment window. You'll receive reminders before the deadline so you don't miss it.

If you don't repay on time, your position may be closed automatically, and the outstanding amount will be covered from your locked BTC.

What is Auto-renewal?

Auto-renewal is a setting that automatically extends your position for another 30 days when it reaches the repayment deadline, so you don't have to repay immediately.

When auto-renewal is on, the service fee for the new period is added to your outstanding amount, and the deadline is extended by 30 days.

Auto-renewal is turned on by default when you open a position. You can turn it off at any time.

What happens if the BTC price drops?

Your locked BTC is measured by its current USD value. If BTC drops significantly, the ratio of what you owe to your locked BTC rises. This is called the risk level.

• If your risk level gets too high, you'll receive a push notification and email warning you to add more BTC or repay some of the outstanding amount.
• If the risk level reaches the liquidation threshold, your position is closed automatically. The outstanding amount is covered from your locked BTC, and any remaining BTC is returned to your balance.

You can reduce your risk level at any time by adding more BTC or by making a partial repayment.

What is the risk level?

The risk level shows how close your position is to liquidation. It's calculated as the ratio of what you owe to the current value of your locked BTC.

• A lower risk level means your position is safer.
• A higher risk level means you're closer to automatic liquidation.

You can see the current risk level for each open position, or reduce it by repaying part of the outstanding amount.

Can I manage my position after opening it?

Yes. From the Instant Funds screen, you can:

• Repay: pay back part or all of the outstanding amount to reduce what you owe and lower the risk level.
• View position details: see the outstanding amount, locked BTC, risk level, repayment deadline, and liquidation price.

Where can I find Instant Funds?

You can access Instant Funds from several places in the app:

• The side menu under Assets
• The Assets tab at the bottom of the screen
• The More menu on the USDT or USDC wallet page

Is Instant Funds available in my region?

Instant Funds may not be available in certain jurisdictions.

In European Economic Area (EEA) countries, identity verification (KYC) is required to use Instant Funds. Once verified, only USDC is available. USDT is not supported in the EEA.

What are the minimum and maximum amounts?

The minimum amount is 5 USDT or USDC. The maximum is 10,000 USDT or USDC per position.

How many positions can I have at the same time?

You can have 1 active position at a time.

What if I don't have enough BTC?

If your BTC balance is too low to open a position, you'll see a message in the app. You can top up your balance by buying BTC, depositing from an external wallet, or converting another currency.