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A HELOC (Home Equity Line of Credit) has two periods: draw and repayment. The draw period allows borrowers to withdraw funds as needed, usually up to a credit limit, with interest-only payments or no payments required. The repayment period begins after the draw period ends, during which principal and interest payments are required to repay the loan. A First Lien HELOC's draw period operates similarly, with specific terms defined in the loan agreement. Understanding these periods helps manage HELOC payments effectively.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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