How to use the Crypto Loan | Credit smart contract through BSCSCAN

You have the opportunity to take out, pay and early repayment your crypto-collateralized loans, even when the Tenere.cash website is inaccessible.

Crypto Loan | Credit Smart Contract on BSCSCAN

CA: https://bscscan.com/address/0x60a1d20E6456a8bF54a5d941D056B833Ff388c5f

Introduction

This document provides a detailed guide on how to use the Crypto Loan | Credit smart contract through BSCSCAN. The contract offers functionalities for obtaining collateralized loans in USDT, backed by different cryptocurrencies.

1. Credit Function

This function is used to take a collateralized loan in USDT, backed by BTC or ETH.

  • Amount: The desired loan amount in USDT. Input format: "amount" followed by 18 zeros.

  • Term: The loan term, expressed in a specific format:

    • 1 for 30 days

    • 2 for 60 days

    • 3 for 90 days

    • 6 for 180 days

  • Deposit Token: The smart contract address of the collateral asset.

    • BTC: 0x7130d2A12B9BCbFAe4f2634d864A1Ee1Ce3Ead9c

    • ETH: 0x2170Ed0880ac9A755fd29B2688956BD959F933F8

2. Credit BNB Function

This function allows for obtaining a collateralized loan in USDT, backed by BNB.

  • Amount: The desired loan amount in USDT, formatted as "amount" followed by 18 zeros.

  • Term: The loan term, with the following options:

    • 1 for 30 days

    • 2 for 60 days

    • 3 for 90 days

    • 6 for 180 days

  • Deposit Token: For BNB collateral, use the zero address: 0x0000000000000000000000000000000000000000

3. Early Payment

To make an early payment, select the "write" option. The smart contract will automatically calculate and request the necessary amount for early repayment. Once the loan is repaid, the collateral is automatically returned to your wallet.

4. Monthly Payment

For monthly payments, select the "write" option. The smart contract will automatically calculate and request the necessary amount for the monthly payment, including any overdue amounts if applicable. After the loan is fully repaid, the collateral is automatically returned to your wallet.

Conclusion

This document provides the essential guidelines for interacting with the Crypto Loan | Credit smart contract on BSCSCAN. Ensure you enter the correct amounts and addresses as per the specifications for a seamless transaction experience.

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