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June 18, 2020December 5, 2020

How to Open a Loan Account with Blockchain.com to Borrow USD?

Blockchain Support by admin

Blockchain.com offers users tons of facility to make their cryptocurrency trading more feasible and enjoyable backed with multiple benefits. You can have the wallet account on Blockchain, with that you can enjoy buying the cryptocurrencies or transferring the funds or Bitcoins to any other’s account.

Similarly, loan facility is offered by Blockchain, from where you can borrow USD digital and enjoy this currency to trade in cryptocurrency or use the Blockchain related various other transactions. But to enjoy this facility, you need to Gold verified and belongs to eligible country.

If you are Gold verified user on Blockchain customer care you can apply to open the Blockchain loan account on Blockchain.com. And if you don’t know how to open the account, just follow the steps given below.

Also Read: How to Fix Blockchain Error 1015?

Open Blockchain Loan Account

Steps to Open Loan Account with Blockchain.com:

Step 1: First of all visit at Blockchain.com and login into your wallet account.

Step 2: Now in the Borrow section of your Wallet, click “Borrow USD Digital” to begin.

Step 3: Now to open a loan, input the amount of USD-D you want to borrow under “Enter loan amount.”

Step 4: Here your details will be shown below, including your interest rate and collateral amount required.

Note: Blockchain.com is currently offering loans without fees and only accept collateral in BTC from your Blockchain Wallet.

Step 5: At the next step you have to check the boxes acknowledging you have read the User Agreement and agree to the terms of the loan.

Step 6: After checking the box of user agreement you just need to click on “Create Loan.”

Step 7: Your Blockchain.com Wallet will automatically initiate the transaction that sends us your collateral.

Step 8: Once it is receive by the system, it will be send your USD Digital principal and it will be available to use as soon as you see it appear in your Wallet.

Currently, Blockchain.com is providing the loan facility to all the countries, you can check here the list of countries supporting to buy cryptocurrencies on Blockchain.com. If you are lucky to have your country in the list, you can open the Blockchain loan account and enjoy the benefits of bowing of USD digital.

Also Read: How to Create Bank Order from Your Blockchain Wallet Account?

How to Manage Blockchain Loan Account?

To manage Blockchain loan account you can always view the details of your loan by clicking “View Details” on the loan you wish to manage within the Borrow section of your Wallet. If the price of bitcoin drops, Blockchain will need to do a margin call to ask you to deposit more collateral. In this case, you will be directly notified you that you will need to add additional funds into your Blockading account.

Call Blockchain Customer Support Number for Loan Account Issues

Meanwhile, at the opening the loan account with Blockchain if you face any problem, you can take help from the certified technicians to get the instant and right solution at your desk. And to get online assistance of such technicians, just call at Blockchain wallet customer care number and you will be personally assisted by the certified technicians who will help you in opening the loan account on Blockchain and can also help in solving Blockchain related various other issues.

Tagged how to open Blockchain loan account, open blockchain loan account, open loan account with Blockchain

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