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Margin Trading
How to Use BNB to Pay for Interest in Cross Margin Account
Binance
2019-11-07 10:15
You can now use BNB to pay for interest in your Cross Margin account and enjoy a 5% discount.
To enable this function, log in to your Binance account and go to [Wallet] - [Margint].
All interests generated by your loans will be displayed in the [Interest] column of the BNB asset. Note that the interests of other tokens that were calculated before enabling this function will not be included.
To enable using BNB to pay for interest, toggle on the button next to [Using BNB For Interest].
Note:
If you borrowed more than one token, this function will apply to all of the tokens.
If you use BNB to pay for interest on funds that you borrowed for Cross Margin trading, all interest will be calculated in BNB no matter how much BNB balance you have in your Cross Margin account.
For more information on BNB fee deductions, please refer to Fee Schedule.
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