How to redeem the money that you lent? Step-by-step tutorial
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Last Updated: July 29, 2022

How to redeem the money that you lent? Step-by-step tutorial

In the previous tutorial, we explained how to start the lending process. This time, we want to show you how to take your rewards. Follow the step-by-step process and it will take you only a few seconds to do that. Enjoy!

1. Log in

First of all, you must log in to the Bitlocus Platform at https://app.bitlocus.com/login

2. Redeem

Go to DeFi Marketplace → LENDING or go to My Portfolio → LENDING table
Click on the “REDEEM” button in the Actions field.

 3. Select the amount

Select 25%, 50%, 75%, or 100% of your balance or enter a specific amount you wish to redeem and click “Proceed”.

4. Confirm exchange (if needed)

Confirm the exchange, if you want to swap from DAI to EUR.


5. Submit for redeeming

Now - the last step. Press submit for redeeming and wait up to 24 hours for your rewards to reach the wallet. Easy as that!