Creating Your Account

A step-by-step guide to creating your Borrow account and setting up a secure, self-custodial wallet effortlessly.

Step 1 - Sign Up
  • Users register with an email address

  • Verification is completed via a secure email link

  • No KYC or personal information is required

Step 2 - Wallet Setup
  • A self-custodial Privy wallet is created automatically

  • Users do not need to manage private keys or seed phrases

  • The wallet is used to hold collateral and loan assets

Step 3 - Permissions for Borrowing
  • To complete a loan, the wallet may request permission to perform specific actions

  • These permissions are secure and limited and can be reviewed by the user

  • The user remains in control of their assets at all times


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