[//]:content-type-MARKDOWN-DONOT-DELETE  Gate.io Flexible Crypto Loan Launched! We invite you to experience the new borrowing service and share a $5,000 prize pool now! *[Flexible Crypto Loan](https://www.gate.io/cryptoloan "Flexible Crypto Loan") is a loan product with no fixed loan term and dynamic interest rates. Users can use idle assets as collateral to borrow other assets, and borrowers can conveniently access funds without having to sell their original holdings, thereby improving liquidity and funds utilization.* **Activity Period:** Aug 11th ～ Aug 15th **Fill out the form:** https://www.gate.io/questionnaire/3538 **Rules:** During the event, participants who borrow from Flexible Crypto Loan for the first time and have a total loan volume ≥50 USDT will be eligible for a share of the $5,000 prize pool! *[About Flexible Crypto Loan](https://www.gate.io/help/lend/crypto_loan/31468/about-flexible-crypto-loan "About Flexible Crypto Loan"); [Flexible Crypto Loan Guide](https://www.gate.io/help/lend/crypto_loan/31464/flexible-crypto-loan-guide "Flexible Crypto Loan Guide")* With Gate.io Flexible Crypto Loan, you can enjoy: **- More Competitive Interest Rate.** Gate.io provides competitive dynamic interest rate to Flexible Crypto Loan users for more efficiency in digital assets management. **- Lower Borrowing Costs.** Interest is calculated on the hour after you successfully borrow funds. If you have no outstanding loan on the hour, there will be no interest. **- More Flexible Fund Management.** In Flexible Crypto Loan, you can borrow and repay anytime. Partial repayment is also supported. **- More Collateral Options.** More than 20 collateral options such as USDC and AAVE. Users can choose a suitable crypto loan product based on their needs and investment strategies. **- Multiple Uses of borrowed assets** such as spot, futures trading and investment in the Gate.io ecosystem. You can even withdraw the borrowed assets to trade on other platforms. Terms & Conditions 1.All participants need to fill out the form to participate in the event. 2.The rewards will be distributed within 7 working days after the event ends. 3.Risk Warning: Please note that the virtual currency market is volatile and losses may occur in different situations, so you are strongly recommended to understand all the related information and be vigilant in your investment actions. 4.To preserve the interests of all participants and maintain fairness, we strictly prohibit cheating in the activity. Cheating will result in disqualification. 5.Gate.io reserves all rights to the final interpretation of the activity. Gateway to Crypto Trade over 1,700 cryptocurrencies safely, quickly and easily on Gate.io [Sign up](https://www.gate.io/signup "Sign up") to enter the crypto gateway and get 40% commission from [referrals](https://www.gate.io/referral "referrals") [Download iOS/Android App](https://www.gate.io/mobileapp?ch=ann27560 "Download iOS/Android App") right now. Reach out to us! Twitter: https://twitter.com/gate_io GateVIP Twitter: https://twitter.com/GateioVIP Telegram: https://t.me/gate_io API Telegram: https://t.me/gateioapi Instagram: https://www.instagram.com/gateioglobal Medium: https://gateio.medium.com/ Podcast: https://gateio.buzzsprout.com/?ch=buzzs Gate.io Team August 11th, 2023