Wirex Help Centre
How do I open a Wirex Credit line?

To open a Wirex Credit line, you must have an active account in USDT, USDC, NXUSD, or DAI. Additionally, you need to have a positive balance in either your ETH or BTC accounts to be used as collateral. 

Here's how to open Wirex Credit: 

Go to the "Wirex Credit" tab and click the "Borrow" button. 

  1. Select a credit account from the available options. 
  2. Choose your desired loan-to-value ratio, collateral account, and borrowed amount, then click "Continue". 
  3. Review and accept the Wirex Credit Terms and Conditions, then confirm the credit details and click "Confirm". 
  4. View your loan history in the "Wirex Credit" tab to see a list of all the loans you have taken. 

Congratulations! You have now successfully taken out a loan using your crypto holdings as collateral. 

On how to close the Wirex credit, please follow this page: 
How do I close a Wirex Credit line?

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