1. What Is a Crypto Loan Interest Voucher?
A Crypto Loan Interest Voucher is a discount coupon provided by Gate. It can be used to offset part of the interest generated when using the Gate Crypto Loan (Flexible Loan) service. When you borrow using a flexible loan, the system will automatically detect any available vouchers and apply the discount (e.g., 50% off / 30% off) to reduce your interest.
2. How to Use a Crypto Loan Interest Voucher?
Usage Instructions
Check Your Crypto Loan Interest Voucher
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Go to [Vouchers] – [Crypto Loan Interest Voucher] to view your available vouchers.
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Tap [Use] to jump directly to the Crypto Loan page
Steps to Use
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Go to the Crypto Loan page.
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The system will display one eligible voucher by default. You may switch to another voucher or disable voucher use. Only vouchers corresponding to the loan currency will appear as selectable.
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After confirming the loan, the system will automatically apply the voucher.The discount takes effect once the loan is issued and interest begins accruing.
3. Rules & Details for Crypto Loan Interest Vouchers
Eligibility
- Vouchers can only be used in Gate Crypto Loan (Flexible Loan).
- Supported loan currencies are defined on the voucher. Currencies not listed will not show available vouchers.
Discount & Limits
- Vouchers include a fixed discount rate (e.g., 50% / 30%).
- The discount will end once any of the following limits is reached: discount duration; voucher validity period; maximum discount amount.
Activation & Validity
- Vouchers are automatically activated upon issuance.
- The discount begins once the loan is issued and interest accrues.
- The voucher becomes invalid once any of the following limits is reached: discount duration; voucher validity period; maximum discount amount.
Interest Calculation & Rounding
- The discount start time is rounded up to the next full hour based on the interest start time. The discount end time is rounded down to the previous full hour based on the voucher expiration. Example: Loan at 10:50 → discount starts at 11:00; Voucher expires at 15:50 → discount ends at 15:00.
Voucher Quantity & Switching Rules
- Each flexible loan order can only use one voucher; vouchers cannot be stacked.
- You may freely choose, switch, or disable the voucher on the loan page.
[Borrow Another Loan] Rules
- Additional borrowing within the same order will be merged and calculated with the previous discount.
- If the first loan didn't use a voucher, you can still apply a voucher when borrowing again (if eligible).
- If one voucher has already been applied to the order, subsequent borrowing will continue using the same voucher. You cannot switch to another voucher.
4. Important Notes
- Vouchers can only be used by the account owner and cannot be transferred, sold, or withdrawn.
- If batch registration, wash trading, or other abusive activities are detected, Gate may revoke voucher eligibility.
- Gate reserves the final interpretation right for all vouchers.
5. FAQ
- Can a voucher be used multiple times? No. Each voucher applies to only one flexible loan order.
- Can multiple vouchers be stacked? No. The system will automatically recommend one eligible voucher.
- Does the voucher apply automatically? Yes. When you meet the conditions, the system will automatically detect and apply it.
- How do I check the applied discount? You can view the discount details under [Crypto Loan] – [My Loans].
