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    How to Redeem Collateral

    • Mobile app
    • Web

    • a. Click [Details] on the top of Loan page, and click [Redeem] to open the redemption popup window.

      b. You may only redeem your collateral when LTV < Excess collateral redeem level, this must hold even after completing the redemption.

      c. You can now choose the currency and the amount you wish to redeem.
      Note: redemption amount cannot exceed the collateral amount.

     

    • e. You can also enable auto redemption setting. When LTV < Excess collateral redeem level and Total redeemable amount > 1000 USD (or 3% of the total collateral amount), Amber Premium will automatically redeem your collaterals.

    • a. Click on [Redeem Collateral] on [Position Management] to open the redemption page.



      b. You may only redeem your collateral when LTV<Redemption LTV. This must hold even after completing the redemption.

      c. You can now choose the currency and the amount you wish to redeem.
      Note: redemption amount cannot exceed the collateral amount.



      d. You can also enable auto-redemption setting.  When LTV<Redemption LTV and the total redeemable amount exceeds 1000 USD (or 3% of the total collateral amount), Amber Premium will automatically redeem your collaterals.