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How To Repay Ordinal Loans
How To Repay Ordinal Loans
Robin avatar
Written by Robin
Updated over 6 months ago

Note: Right now you need confirmed Bitcoin to repay your loans.

How do I repay my loan?

  1. Go to your Portfolio page.

  2. Locate your active loan under the section "Borrowing", click on "Repay" and choose your desired fee rate (Low, Medium, High) or select your custom fee rate by clicking on the pencil in the top right, to set your desired fee amount.

  3. Click "Repay".

  4. Confirm and sign the transaction in your wallet.

  5. If you want to speed up the repaying transaction, have a look here: How to speed up a transaction (CPFP).

Make sure that you are repaying from the same wallet as you started the loan with.

What if I don't have enough confirmed Bitcoin while repaying?

  1. Go to your Portfolio page.

  2. Locate your active loan under the section "Borrowing", click on "Repay".

  3. A Message will pop up indicating you don't have enough confirmed Bitcoin to repay.

  4. If you have unconfirmed bitcoin that you would like to use then Click on "Speed-Up".

  5. The acceleration modal will pop up helping you to accelerate the unconfirmed Bitcoin. Enter your desired sats/vB amount and click on "Accelerate (CPFP)" and sign the transaction in the wallet.

  6. Once your Bitcoin is confirmed, click on "Repay" and choose your desired fee rate (Low, Medium, High) or select your custom fee rate by clicking on the pencil in the top right, to set your desired fee amount.

  7. Click "Repay".

  8. Confirm and sign the transaction in your wallet.

  9. If you want to speed up the repaying transaction, have a look here: How to speed up a transaction (CPFP).

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