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 days2
for 60 days3
for 90 days6
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 days2
for 60 days3
for 90 days6
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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