[//]:content-type-MARKDOWN-DONOT-DELETE  Dear Gate.io users, we are delighted to announce that **Gate.io Crypto Loan has supported ETH2 as collateral**. By using your ETH2 as collateral, you can borrow over 500 cryptocurrencies for a variety of trading, staking and investing, which will greatly enhance your capital efficiency. **How to participate:** **1. Convert ETH to ETH2** ETH2 token is a certificate for participating in Gate.io ETH2.0 Staking. Users can stake ETH through ETH2.0 Staking to obtain ETH2. **2. Collateralize ETH2 to Borrow Funds** Use ETH2 as collateral to borrow funds through Gate.io Crypto Loan. **3. Reinvest Borrow Funds** (1) Participate in ETH2.0 Staking. By borrowing ETH using ETH2 as collateral, users can continue to exchange borrowed ETH for ETH2, thereby amplifying the staking principal and earn staking rewards continuously. (2) Borrowed funds can be used in spot trading, futures trading and investment in the Gate.io ecosystem. Also, users can withdraw borrowed funds to external platforms to expand broader opportunities. [Flexible Crypto Loan Guide](https://www.gate.io/help/lend/crypto_loan/31464/flexible-crypto-loan-guide "Flexible Crypto Loan Guide") **Notes: **Users should be fully aware of the risks of price fluctuations of digital assets when using Crypto Loan. Please exercise caution and manage risks. Users in the UK and other Restricted Locations cannot access this service (please see[ the User Agreement “Section 2.3(d) Restricted Locations”](https://www.gate.io/zh/user-agreement " the User Agreement “Section 2.3(d) Restricted Locations”")). Gateway to Crypto Trade over 1,700 cryptocurrencies safely, quickly, and easily on Gate.io Download Gate.io [App](https://www.gate.io/mobileapp?ch=ann28618 "App") / [Web](https://www.gate.io/mobileapp "Web") Client now>>> Follow us on [Gate.io X (Twitter)](https://twitter.com/gate_io "Gate.io X (Twitter)") to get more bonuses>>> Join our [Telegram](https://t.me/gateio_en "Telegram") to discuss hot topics>>> Join our [Global Community](https://www.gate.io/community "Global Community") to get more updates>>> We provide [100% proof of reserve](https://www.gate.io/proof-of-reserves "100% proof of reserve")>>> [Sign up](https://www.gate.io/signup "Sign up") to enjoy max. $6666 in rewards exclusively for new users Get 40% commission from [referrals](https://www.gate.io/referral "referrals") Gate.io Team December 22, 2023