💡 Note: This feature is available in app v3.0.0 and later.
How Credit can be used
Hold your crypto (for example, BTC or ETH) in your account. After you enable Credit, you can access a credit limit and use it for everyday spending.
You can turn on [Auto‑collateral] and monitor your risk status in the app to help manage your position.
Credit can give you short-term liquidity without selling your crypto. Crypto prices can fall, and you must repay what you borrow, plus interest, regardless of how your holdings perform.
I don’t want to use Credit anymore. How can I turn it off?
You can stop using Credit at any time:
Disable Credit as your preferred payment method in [Settings], and
Repay any outstanding amount.
After that, new spending will use your crypto balance.
Credit provided by RedotPay must be repaid according to the terms. Failure to repay may result in additional fees and impact your account usage.
You have to repay your loans. Don't pay any intermediaries.
Money Lender's Licence No: [1715/2025]
Hotline: (852) 2765 4472