How Do I Increase the Collateral Amount?
As you know, the cryptocurrency rate always changes. The same happens to the rate of collateral you pledged to get a loan. If the collateral is not enough or exceeds the necessary amount, you’ll get a notification. But you can actually increase your collateral on LendaBit.com at any time.
Log in to your account and click on “Deals & Requests”. Go to “Active Deals”.
Hover your mouse over the colored circle. If it’s yellow, that means you need to increase the collateral amount.
Click on “Detail” to open the “Deal Info” page.
Here you can find more information about your loan.
To increase the collateral amount, select the amount you want to add to your collateral and click the “INCREASE” button. Click on the tick if you confirm.
You will see a notification that your deal has been successfully refilled. Wait a few moments for the circle representing the collateral status to turn green. It means that the collateral amount is enough for this deal.