How to take Out A Crypto Backed Loan

Research the rates charged on loans; sites like Coingecko and Coinmarketcap are helpful.
Decide what crypto collateral you want to provide & what fiat/Stablecoin you want to borrow.
Use an onsite tool to calculate how much you can borrow against your crypto..
You can reduce the interest rate by holding the Platform Token, the more you own, the lower the rate, but that depends on your circumstances & risk appetite.
Carefully read the terms and conditions & the FAQs to understand exactly how the loan works. Pay attention to the LTV level & how the Margin Call/Liquidation works.
If you’re comfortable you’ll need to create an account (as above).
Deposit your crypto collateral to the address provided – this will give you access to a Credit Line. You don’t have to use the whole amount of credit, and are only charged interest once you withdraw.
You can pay your interest in Fiat or Crypto, or a combination, and sell some of your collateral – if its value has increased – to cover the interest.
If the value of your collateral declines below an agreed level you’ll get a warning about the required action.

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