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Automatic Borrowing and Repayment Functions Enabled on Binance Margin

Binance
2019-09-19 10:57

Fellow Binancians,

Binance Margin has enabled auto borrowing and repayment functions on its web trading interface. Other clients will have these functions enabled at a later date.

Types of Orders Available on Binance Margin:

  • Normal: Same as the previous standard orders.
  • Borrow: Users will automatically borrow the maximum number of coins based on the preset margin level, allowing margin buy or margin sell orders to be placed automatically.
  • Repay: Funds received from orders will be automatically used to repay borrowings of the same coin and interest owed in your margin account.

Thanks for your support!

Binance Team

2019/09/19

 

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