> For the complete documentation index, see [llms.txt](https://docs.moonwell.fi/moonwell/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.moonwell.fi/moonwell/moonwell-overview/moonwell-card/load-and-spend.md).

# Load and Spend

## Understanding Your Moonwell Card Loading Options

The Moonwell Card offers two flexible ways to access your onchain assets for real-world spending:

1. **Load:** Directly transfer USDC from your onchain wallet on Base.

{% hint style="info" %}
**Loading with other tokens on Base**

The [**Cypher Moonwell Card Dashboard**](https://card.moonwell.fi/#/) lets you load your Moonwell Card with many different tokens on Base, not just USDC. 

Learn how to load your card using the Cypher Moonwell Card Dashboard [**here**](https://moonwellcard.notion.site/How-to-Add-Funds-to-Moonwell-Card-157f8584e86f80939828dc9fb4ea2c1e).

[**Supported Tokens and Load Fees**](https://moonwellcard.notion.site/Supported-Tokens-and-Forex-Fee-151f8584e86f8004a0a3e453f8bc658f)
{% endhint %}

2. **Borrow and Load:** Leverage your crypto assets as collateral to borrow and load USDC.

## Load: Simple USDC Transfer

Quickly load your Moonwell Card with USDC from your onchain wallet on Base.

#### Prerequisites:

* USDC in your onchain wallet on Base
* [**Connected**](/moonwell/moonwell-overview/getting-started/wallet-connection.md) onchain wallet to Moonwell 

### **Step 1: Acquire USDC**

Purchase USDC from exchanges such as Coinbase, Binance, or decentralized options like [**Aerodrome**](https://aerodrome.finance/) on Base.

### Step 2: Load Your Card

* Visit [**moonwell.fi**](https://moonwell.fi/)
* Click "[**Card**](https://moonwell.fi/card/load)" from the navigation menu

<figure><img src="/files/oyPUwQoXDuIc0UFZFbhN" alt=""><figcaption></figcaption></figure>

* Select "**From: Wallet Balance**" in the Load modal&#x20;

<figure><img src="/files/Gbu5rhY8rbgNOhNgAcSa" alt="" width="563"><figcaption></figcaption></figure>

* Enter the amount of USDC to load and click "**Load Card**"
* Confirm the transaction and start spending within minutes!

***

## Borrow and Load: Leverage Your Crypto Assets

Running low on USDC? Borrow against your supplied assets on Moonwell to load your Moonwell Card.&#x20;

#### Prerequisites:

* Supplied one or more supported assets on Moonwell Core Markets (Base)
* [**Connected**](/moonwell/moonwell-overview/getting-started/wallet-connection.md) onchain wallet to Moonwell&#x20;

{% tabs %}
{% tab title="Base Supported Assets" %}

* <img src="/files/Y44iOUS5fjtvS3Ok8ieG" alt="" data-size="line"> USDC (USD Coin)
* <img src="/files/Y44iOUS5fjtvS3Ok8ieG" alt="" data-size="line"> USDbC (USD Base Coin)
* <img src="/files/k03tgTcJaK4P02U6VOyX" alt="" data-size="line"> DAI (DAI)
* <img src="/files/xujj8A0Fl2fKvzElHpLB" alt="" data-size="line"> ETH (Ethereum)
* <img src="/files/RoxjtSfSYmfnHNlkSBGK" alt="" data-size="line"> cbETH (Coinbase Staked Ethereum)
* <img src="/files/fqMVsk3GTUAdGpjJnyj7" alt="" data-size="line"> wstETH (Lido Staked Ethereum)
* <img src="/files/lbLXls8ZsBjUkdUyzhgB" alt="" data-size="line"> rETH (Rocket Pool Ethereum)
* <img src="/files/h2mgZBvVR5CR0pq3ohPg" alt="" data-size="line"> weETH (Ether.Fi Liquid Restaked Ethereum)
* <img src="/files/lGFg1KaQI8wSbQaoLFye" alt="" data-size="line"> AERO (Aerodrome)
* <img src="/files/toU2w42tztfaPwQJ2ibp" alt="" data-size="line"> cbBTC (Coinbase Wrapped Bitcoin)
* <img src="/files/6b6f4X8XxjZNVFJJbjLp" alt="" data-size="line"> EURC (Euro Coin)
* <img src="/files/8v85d55sCFKSsjXrxdB3" alt="" data-size="line"> wrsETH (Kelp DAO Restaked Ethereum)
  {% endtab %}
  {% endtabs %}

### **Step 1: Supply Your Assets on Base**

1. Visit [**moonwell.fi**](https://moonwell.fi/) and click "[**Markets**](https://moonwell.fi/markets)" from the navigation menu

<figure><img src="/files/sZsiZsoHsFW1qZ02YPGF" alt=""><figcaption></figcaption></figure>

2. Choose an asset to supply and click "**Supply**"

<figure><img src="/files/zrQ0yr76GjXtcMaH7cLW" alt=""><figcaption></figcaption></figure>

3. Enter the amount to supply, click "**Supply**", then "**Confirm Supply**"

<figure><img src="/files/g5ZGaUvMwm63guCpFCuh" alt="" width="550"><figcaption></figcaption></figure>

4. Wait for the transaction to complete. Your assets are now supplied!

### **Step 2: Enable Collateral**

Enable collateral to borrow against your supplied assets.

1. Navigate to the asset's market page via "[**Markets**](https://moonwell.fi/markets)**"**
2. Toggle "**Enabled as Collateral**" to **Yes** under the Supply modal.

*Note: Collateral must be enabled individually for each asset.*

<figure><img src="/files/0CTTA2z9KcCFcmuiDiZj" alt=""><figcaption></figcaption></figure>

### **Step 3: Initiate Borrow and Load**

1. Navigate to "[**Card**](https://moonwell.fi/card/load)" in the navigation menu

<figure><img src="/files/oyPUwQoXDuIc0UFZFbhN" alt=""><figcaption></figcaption></figure>

2. Select "**From: Available to Borrow**" and enter the desired amount of USDC to borrow.
3. Click **"Borrow and Load",** confirm the borrow and load transactions, and your funds will be ready to spend within minutes.

<figure><img src="/files/W9K5vvfpedsQq7LkPZ1C" alt="" width="563"><figcaption></figcaption></figure>

<figure><img src="/files/gWADWsfwvqMNQvntJU1X" alt=""><figcaption></figcaption></figure>

#### **Borrow FAQ**

<details>

<summary>How Much Can I Borrow?</summary>

The amount you can borrow depends on several factors, including:

* **The value of your supplied assets**
* **Your available credit**
* **Market liquidity**

If your **Credit Remaining** falls below **$0** or **0%**, you risk liquidation. You can easily check your **Credit Remaining** on the "**Card**" page of the Moonwell app.

Learn more about [**Credit and Liquidations**](https://docs.moonwell.fi/moonwell/moonwell-overview/borrow/credit-and-liquidations)

</details>

<details>

<summary>Are Interest Rates Fixed?</summary>

**When you borrow USDC on Moonwell, you are taking out a loan and will accrue interest** for as long as the loan remains open. You can find the current borrowing interest rate:

* On the "**Card**" page of the Moonwell app.
* On the "[**Markets**](https://moonwell.fi/markets)" page, which shows interest rates for all Moonwell markets.

**Important: Interest rates on Moonwell are dynamic**, adjusting in real-time based on market demand. Regularly monitor your remaining credit to account for fluctuating rates.\
Ignoring accumulating interest or market changes could increase your risk of liquidation.

Learn more about [**Credit and Liquidations**](https://docs.moonwell.fi/moonwell/moonwell-overview/borrow/credit-and-liquidations)

</details>

<details>

<summary>Loan Repayments</summary>

Unlike traditional finance, Moonwell loans have **no fixed repayment schedule or maturity date.**

* You can maintain your loan indefinitely, provided your **Credit Remaining** stays above $0 or 0%.
* If Credit Remaining falls below this threshold, a **liquidation event** will occur, resulting in the loss of a portion of your collateral to repay the loan.

Learn more about [**Loan Repayments**](https://docs.moonwell.fi/moonwell/moonwell-overview/borrow/loan-repayment)

Learn more about [**Credit and Liquidations**](https://docs.moonwell.fi/moonwell/moonwell-overview/borrow/credit-and-liquidations)

</details>

<details>

<summary>What is a Liquidation?</summary>

Liquidation occurs when assets used as collateral are sold to repay a debt if a borrower fails to meet loan obligations. To avoid liquidation:

* **Monitor your Credit Remaining regularly** to ensure it stays above $0 or 0%.
* Take proactive steps to adjust your collateral or repay outstanding amounts as needed.

Learn more about [**Credit and Liquidations**](https://docs.moonwell.fi/moonwell/moonwell-overview/borrow/credit-and-liquidations)

</details>