Open the Core mobile app and navigate to the Earn page.
Switch to the Borrow tab.
Tap the + button.
Specify the deposits to use as collateral. Approve the deposits as needed if not already enabled.
Click Next.
Select the asset to borrow from the available list.
Specify the amount to borrow.
Click Next and approve the transaction.
Disclaimers
Markets are provided by third parties. User is solely responsible for conducting their own due diligence, complying with applicable laws, and managing their digital assets. Participation in lending or borrowing of crypto carries significant risk and yield is not guaranteed. Monitor your deposits.
Core does not offer investment advice. This feature is not an offer to sell any asset or solicitation of an offer to enter into any transaction. Core and its affiliates are not a registered financial services entity in any country. Core does not control and is not responsible or liable for any services or activities rendered by Third Party Service providers.
Information regarding Health score
The Health score indicates the stability of a borrow position, with a health factor below 1 signaling the risk of liquidation. Please consult the third party application you are borrowing from for more information on how this score is calculated.
For any additional questions, please view our other knowledge base articles or contact a Product Support team member via the chat button. Examples are for illustrative purposes only.