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Your collateral is securely held for the duration of your loan. You can monitor repayment progress, outstanding debt, and unlocked collateral through your M2 dashboard. Once repaid in full, assets are typically released within 24–48 hours.
Step 1: Login to your M2 account and click on 'Lending', and then click on 'Manage'.
Step 2: After you click on 'Manage', you will need to set the amount in order to add more collateral to your loan.
Step 3: Review the increased collateral details and press 'Increase Collateral'.
Once collateral is increased, you will be able to view loan details from the main loans page.
Disclaimer:
It is highly recommended to conduct thorough research prior to making any financial decisions. Please note that this article's purpose is solely for educational purposes and the author and the organization, M2, do not influence the reader's investment or trading choices.
Kareem comes with 19 years experience in Operations and Customer experience with extensive global exposure in various fields and fintech. In 2019 Kareem discovers the crypto world in depth and becomes an enthusiast while he believes crypto is the future and financial freedom. Joined M2 in 2022 and is leading the Global Customer Experience for the exchange.
