How to Use RWUSD as Margin Asset for Futures Trading?

How to transfer RWUSD to your Futures Account?

You can transfer RWUSD from your Spot Account to your USDⓈ-M Futures Account. On the Futures trading interface, activate Multi-Assets Mode or apply for the Portfolio Margin Program.

On Binance website

1. Go to Binance Futures. Select [Settings] icon in the Account section, and switch to [Multi-Assets Mode]. 

2. Go to your Futures Account. Click [Transfer], select RWUSD, enter the amount, and click [Confirm].

On Binance App

1. Go to [Futures] - [...] - [Preferences] - [Asset Mode] and choose [Multi-Assets Mode].

2. Go to your Futures Account. Tap [Transfer] and select RWUSD, enter the amount, and tap [Confirm Transfer].

For Portfolio Margin Mode

On Binance website

1. Switch to Portfolio Margin Mode according to this FAQ.

2. Go to Binance Futures. Click [Assets] - [Transfer]  for RWUSD. 

3. Enter the transfer amount and confirm. 

Do I still get RWUSD APR rewards after I transfer RWUSD to Futures Account?

Yes, you will continue to receive RWUSD APR rewards. The RWUSD rewards will be distributed to your Spot Account everyday.

How to redeem RWUSD from a Futures Account?

RWUSD can only be redeemed to USDC from your Spot Account. To redeem RWUSD in the Futures Account, you need to first transfer the RWUSD to your Spot Account.

Why can’t I transfer RWUSD back to my Spot Account?

If your margin balance is below the initial margin, there will be no available RWUSD to be transferred to the Spot Account. 

Can RWUSD be used as margin for COIN-M Futures, Grid Trading or Copy Trading? Or collateral for Binance Margin?

No, RWUSD cannot be used as margin for COIN-M Futures, Grid Trading, or Copy Trading. In addition, RWUSD cannot be used as collateral for Binance Margin.

What action will be taken to my RWUSD if liquidation happens in my USDⓈ-M Futures Account?

When liquidation happens to your USDⓈ-M Futures Account with RWUSD as margin asset, Auto-Exchange might happen. For more information, please refer to these FAQs: 

• Frequently Asked Questions on the Multi-Assets Mode
• What Is Multi-Assets Mode and Which Assets Are Supported