When bitcoin prices move quickly, you can check and manage your bitcoin-backed loans without returning to your desktop. Unchained clients can now use the iOS or Android mobile app to calculate any changes and take action.
- Model a collateral change: Use the suggested levels or enter an exact bitcoin amount. Before continuing, review the projected effect on your collateral-to-principal ratio (CTP), violation price, and collateral balance.
- Add collateral from available sources: Deposit bitcoin from an external wallet, transfer it from an Unchained vault, or buy it through the trading desk when available.
- Submit a collateral surrender request: Choose the amount, review the new projections, and submit the request from your phone.
Available actions depend on your loan status and mobile device. Trading desk purchases cannot be used to clear an active collateral violation because of the time it takes to settle into your vault. A collateral sale affects your CTP after the request is processed.
Update your app to manage your loan collateral from your mobile device.
THIS IS AN ADVERTISEMENT. YOU ARE NOT REQUIRED TO MAKE ANY PAYMENT OR TAKE ANY OTHER ACTION IN RESPONSE TO THIS OFFER.


