BiFi Cross-chain Guide
  • 📓BiFi Cross-chain
    • Overview
    • 한국어 가이드
  • 🏦How to use BiFi
    • Connect Wallet to BiFi
      • Pockie Guide
      • Metamask Guide
        • Install MetaMask
        • How to Add Custom network
        • How to Add custom token
    • Lend & Borrow
    • Repayment and Withdrawal
  • 🪙Token Purchase
    • Buying BFC or BiFi on (CEX, DEX)
    • Gas Top-Up
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  1. How to use BiFi

Lend & Borrow

PreviousHow to Add custom tokenNextRepayment and Withdrawal

Last updated 1 month ago

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This guide explains the process of depositing USDC on the BNB Chain as collateral and borrowing BtcUSD on the Bifrost Network.

1

Connect your wallet.

2

Select the USDC to deposit as collateral.

3

Choose the network to deposit.

4

Enter the amount of tokens to deposit and click Supply.

5

Confirm the transaction in your wallet. When the “Supply completed” message appears, click Close.

6

Select the token you wish to borrow.

7

Choose the network from which to borrow the token.

8

Enter the amount of tokens to borrow and click Borrow.

9

After confirming the transaction, the “Borrow completed” message indicates the process is complete.

10

Your deposited USDC and borrowed BtcUSD will be displayed as follows.

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