Virtual Asset Lending
Lend Bitcoin and Ethereum!
Virtual Asset Lending
You can borrow Bitcoin and Ethereum with KRW as collateral and process repay with the virtual asset you have requested.
  • Virtual asset lending inquiry : 1544-9855
  • Customer Service Hours: Weekdays, 09:00 - 12:00, 13:00 - 18:00 (KST)
Usage Records
Sign up for service
Tips on making a profit from lending
Borrow when they're expensive and pay us back when they're cheap!
Borrow cryptocurrency when their price is high and sell them, buy them back when their price is low and repay us, and the difference from the two becomes yours.
  • Request
    Borrow virtual asset between Bitcoin and Ethereum!
  • Management
    Start trade (selling, buying) with the virtual asset you have borrowed!
  • Repayment
    After your usage period is over, repay in virtual asset!
※ You may be repaid automatically when the service usage period expires or due to price fluctuations.
Information
The following service is operated by DeFi Co. and inquires regarding the service can be made at 1544-9855. (Hours: Weekdays 09:00 - 12:00, 13:00 - 18:00 (KST))
1. Request for Service
  • You may apply up to 100,000,000 KRW in Bitcoin or Ethereum per account for lending service.
  • You must set up a deposit upon applying and may only use up to 70% of the deposit for the application amount.
    The limit will be calculated based on the KRW value of the virtual asset upon applying for the service and the minimum application amount is KRW 100,000. There is no limit on the number of times the service can be used.
    [Example] Amount applicable for service = Deposit (KRW) / Market price of virtual asset upon applying x 70%
  • You may apply for the service starting from 7 days to 365 days and service use will be automatically terminated after this period.
2. Asset Deposit
  • When the service application is approved, the virtual asset will be deposited into the Bithumb wallet that you applied for. You may use the deposited asset for transactions or withdrawal.
    However, the amount that was set as the deposit cannot be used for transactions or withdrawn until the amount is paid. You may deposit more if necessary.
3. Repayment
  • When service use is terminated, the virtual asset you borrowed will be repaid. Repayment occurs in the form of maturation repayment when the service usage period is terminated, midterm repayment when the service is terminated in the middle of the service usage period by the request of the customer, and automatic repayment due to changes in the deposit ratio due to virtual asset price fluctuations.
  • The usage fees for the usage period are also repaid during repayment.
    However, if repayment occurs within 7 days of service use, minimum usage fees for the service usage period will be charged.
    ※ Usage fees: 0.09% of one day standard application amount. Usage fees are applied starting from the service application date.
    - If the repayment amount is insufficient upon maturity repayment or automatic repayment, 1% of the amount in use will be charged as extra fee
[Automatic Repayment Policy]
  • When the service application amount reaches a set proportion of the deposit, automatic repayment will be processed as follows.
    - If the sum of the application amount usage fee reaches 80% of the deposit after applying for the service, you will receive a text message or a notification informing you to increase your deposit.
    - If the sum of the application amount usage fee reaches 85% of the deposit after applying for the service, you will receive a text message or a notification informing you that automatic repayment will be processed.
    - If the sum of the application amount usage fee reaches 90% of the deposit after applying for the service, you will receive a text message or a notification informing you that automatic repayment has been processed.

    ※ Text messages or notifications may be sent depending on price fluctuations regardless of time. Please keep in mind that there may be delays in messages or notifications depending on the messaging system while using the service.

  • Regarding the deposit ratio, you can add to your deposit through [Usage Records - View Details].
    - You can only add to your deposit when the lending ratio is below 90% and the lending ratio will decrease when you make the additional deposit.
  • If the repayment amount (application amount, usage fees) is insufficient upon automatic repayment, the difference will be paid through the deposit.
    - Automatic repayment will be deducted in the order of transaction fees and then the requested amount (initial amount).
    - When the difference is paid through the deposit, repayment will be processed automatically after purchase at the market price. If this is not sufficient, collection procedures may initiate.
Usage Example
※ Example of applying for Bitcoins (BTC)
  • When applying for the service, you may apply for up to 70% of virtual asset compared to your deposit.
    During repayment, you will have to repay the fees regarding the amount applied for the virtual asset you used and usage fees for the usage period.
    Bitcoin Price Application Amount Deposit Lending Ratio Usage Period Usage Fee

    (1Day 0.09%)

    Maturity Repayment Amount
    10,000,000 KRW 1.4 Bitcoin 20,000,000 KRW 70% 7Day 0.008820 Bitcoin 1.408820 Bitcoin
    10Day 0.012600 Bitcoin 1.412600 Bitcoin
    20Day 0.025200 Bitcoin 1.425200 Bitcoin
    30Day 0.037800 Bitcoin 1.437800 Bitcoin
  • The lending ratio will chance according to price fluctuations after applying for the lending service. Please note that if the lending ratio reaches 90%, automatic repayment will be processed.
    Automatic repayment due to price fluctuations can be managed through the additional deposit settings.
    [Example] Lending ratio = (Application amount + Usage fee) x Bitcoin price / Total deposit
    Application Amount Deposit Usage Fee

    (30Day)

    Total deposit Recent Bitcoin price Lending Ratio
    Upon request Additional settings
    1.4 Bitcoin 20,000,000 KRW - 0.037800 Bitcoin 20,000,000 KRW 11,000,000 KRW 79.08%
    5,000,000 KRW 0.037800 Bitcoin 25,000,000 KRW 11,000,000 KRW 63.26 %
    10,000,000 KRW 0.037800 Bitcoin 30,000,000 KRW 11,000,000 KRW 52.72 %