All MAX Lv. 1 and Lv. 2 users may access the MAX APP wallet via the link (go.maicoin.com/max) on their phone. Click Borrowing on the top of the screen, and agree to its Terms and Conditions. Once its set up, users can transfer crypto from their spot wallet as security, and let the loaning begin! However, be aware that: 

  1. Crypto loans carry risks, please evaluate them carefully. 
  2. Notice the A/D (asset/ debt) ratio when lending crypto. Asset is crypto stored in Borrowing Wallet, and debt is crypto and interest owed to MAX. If the A/D ratio is 1.3, a  notification will remind users to pay off their debt or choose to deposit crypto into their wallet. But if the ratio hits 1.2, the assets remaining in the wallet will be liquidated.
  3. MAX charges crypto loan interest, which is calculated on an hourly basis, starting from the first hour of borrowing. The latest announcements on interest rates and limits can be viewed on the APP > “User” > "Borrowing Interest Rate & Limit".